Stock market investors lose N3.28trn in one day

Trading on the Nigerian Exchange Limited (NGX) ended negatively on Thursday, November 5, 2026, with market capitalisation falling by N3.281 trilion, halting two sessions of gains.

This was driven by profit-taking in some blue-chip stocks such as Dangote Cement, Presco, WAPIC, Austinlaz, Lasaco Assurance, and 31 other declining stocks.
‌
The NGX market capitalisation dropped by N3.281 trillion, or 1.98 per cent, closing at N162.134  trillion, down from N165.415 trillion recorded on Wednesday.

The All-Share Index declined by 1.98 per cent, shedding 5,052.22 points to settle at 249,710.59 from the previous day’s N254,762.81.

As a result, the market’s Year-to-Date (YTD) return dropped to 60.47 per cent, while the market breadth also closed negative, recording 36 losers compared to 20 gainers by the end of trading.

Leading the losers’ chart, Presco and Dangote Cement declined by 10 per cent each, closing at N1,656.80 and N1,341 per share, respectively.

WAPIC dropped by 9.91 per cent, finishing at N2, while Austinlaz and Lasaco Assurance fell by 8.57 per cent each, ending the session at N2.24 and N1.60 per share, respectively.

On the gainers’ chart, Computer Warehouse led by 9.94 per cent, settling at N17.15, Abbey Mortgage Bank trailed by 9.84 per cent, closing at N6.70, while Honeywell Flour increased by 9.82 per cent, finishing at N26.85 per share.

NAHCO posts N16.04bn profit as shareholders’ funds rise to N29.8bn in 9 months

Etranzact advanced by 9.71 per cent, settling at N18.65, and Caverton Offshore Support Group grew by 8.96 per cent, closing at N3.65 per share.

An analysis of the market activity revealed overall improvements across the market deals, value, and volume as 856.28 million shares worth N74.09 billion was traded in 33,540 transactions.

This was in contrast with 552.31 million shares valued at N37.46 billion that was exchanged across 33,047 deals.

First Holdco led trading activities with 478.42 million shares valued at N44.94 billion, accounting for 55.87 per cent of the total volume and 60.66 per cent of the day’s value.