All-Share Index decline
NGX market cap drops N663bn amid bearish trading
The Nigerian Exchange (NGX) experienced a continued bearish trend on Wednesday as investors lost approximately N663 billion in market value, underscoring heightened volatility in the equities market. Analysts attributed the decline to profit-taking following the market rally witnessed in the preceding months, as well as broader economic uncertainties. At the close of trading, the NGX […]
NGX Loses N70bn as Market Dips on May 22
On Wednesday, May 22, 2025, the Nigerian Exchange (NGX) closed in negative territory, erasing gains from the previous trading session as investors lost approximately N70 billion in market capitalisation. The decline reflects ongoing volatility in the equities market amid mixed investor sentiment and sector-specific pressures. The All-Share Index (ASI) dropped by 111.37 points, representing a […]