Stock market investors lose N94bn

The Nigerian stock market reversed its nine-day bullish trend on Monday, October 27, 2025, recording a total loss of N94 billion.

The downturn was driven by profit-taking in major stocks such as Deap Capital Management, Champion Breweries, Red Star Express, Wapic Insurance, and Universal Insurance.

The market capitalisation of listed equities dropped by N94 billion, or 0.10 per cent, from N98.792 trillion to N98.698 trillion.

The All-Share Index (ASI) also declined by 0.10 per cent, shedding 148.90 points to close at 155,496.15 from 155,645.05 on Friday.

Market breadth closed negative, with 34 losers compared to 25 gainers.

Deap Capital Management led the decliners, dropping by 9.71 per cent to N1.58, while Champion Breweries fell 9.64 per cent to close at N15.

Red Star Express declined by 8.64 per cent to N10.05 per share, while Wapic Insurance lost 6.45 per cent to close at N2.90.

Universal Insurance dipped 5.98 per cent to N1.10 per share.

Naira appreciates against dollar at official market

Conversely, Arabel led the gainers, rising by 10 per cent to N869, while Nem Insurance increased by 9.67 per cent to N32.90.

Aso Savings gained 9.09 per cent to close at 72k per share, while Eterna advanced 8.75 per cent to N43.50.

Chams also rose by 7.59 per cent to close at N4.25 per share.

Market activity showed a 33 per cent growth in deals, with a 58 per cent decline in volume and a 21 per cent drop in turnover.

A total of 503 million shares worth N24.9 billion were traded across 39,972 deals, compared to 1.2 billion shares valued at N31.5 billion in 29,989 deals.

Access Corporation led in trading volume with 68.9 million shares valued at N1.6 billion.

FirstHoldCo followed with 66.6 million shares worth N2.09 billion, while Universal Insurance sold 19.2 million shares valued at N21.2 million.

Sovereign Trust Insurance traded 19.09 million shares worth N73.9 million, and Zenith Bank exchanged 18.2 million shares valued at N1.20 billion.

The Star