Weekly Market Update: Nigerian Stock Market Extends Losing Streak as All-Share Index Drops 0.94%.
Premium stocks drag customs street lower despite mid-week rebound, market capitalization sheds N830 billion
The Nigerian All-Share Index wrapped up the first trading week of September, ending September 4, 2025, in bullish territory, shedding 0.94%. This weekly drop marked a fourth straight week of decline in the market due to hefty profit-taking by investors across large and mid-cap equities.
Trading volume decreased slightly from 3.19 billion shares in the prior week to 3.1 billion shares in the review week. The All-share index closed at 138,980.01 points, declining by 1,315.49 points from the previous week’s close of 140,295.50 points. Equity capitalization also reflected the decline, settling at N87.937 trillion, down from N88.76 trillion.
During the week, 19 equities gained value, fewer than the 32 equities in the previous week. Sixty-four equities declined in price, while sixty-four equities remained flat.
Among the indices, NGX Commodity and NGX Growth were the only indices to finish in green, which increased by 0.15% and 0.04% respectively. In comparison, NGX Premium dragged the Market by 1.42% due to a significant drop in Lafarge (-13%), UBA (4%), ACCESSCORP, and ZENITH BANK.
Market Highlights
Year-to-date-return: 35.03%
Week on week return : -0.94%
Month-to-date-return: -0.94%
Top 5 Gainers
SOVEREIGN TRUST INSURANCE PLC up 14.23%
SECURE ELECTRONIC TECHNOLOGY PLC up 12.94%
CORNERSTONE INSURANCE PLC up 12.36%
NCR (NIGERIA) PLC. up 9.96%
S C O A NIG. PLC. up 9.83%
Top 5 Losers
DAAR COMMUNICATIONS PLC down -21.10%
UPDC PLC down -13.85%
AIICO INSURANCE PLC. down -13.61%
CHAMPION BREW. PLC. down -13.29%
P Z CUSSONS NIGERIA PLC. down -13.28%
The market is in a pullback phase, and if the sell-off settles, the market would likely resume its uptrend movement.
