The bears continued to dominate the Nigerian stock market as the benchmark index declined by 0.21 percent to commenced trading for the month of November.
https://www.digital.zenithbank.com/ZEQ/ZEQ-jan-2026/index.html#p=1The All Share Index (ASI) decreased by 93.35 absolute points, representing a dip of 0.21 percent to close at 43,745.73 points. Similarly, the market capitalisation lost N51 billion to close at N23.827 trillion.The downturn was impacted by losses recorded in medium and large capitalised stocks, amongst which are; Seplat Energy, BUA Foods, Julius Berger Nigeria,Stanbic IBTC Holdings and UAC of Nigeria (UACN).
On market outlook, analysts at GTI Securities Limited said “we expect negative sentiments to continue during the week, as pre-election risks amplify.”Also, market breadth closed negative, with 20 losers versus 14 gainers.
Nigerian Aviation Handling Company (NAHCO) recorded the highest price gain of 9.35 per cent to close at N6.20, per share. Regency Alliance Insurance followed with a gain 4.35 percent to close at 24 kobo, while UACN Property Development Company (UPDC) rose 4.21 percent to close at 99 kobo, per share.
AIICO Insurance went up by 3.64 percent to close at 57 kobo, while Lasaco Assurance appreciated by 3.57 percent to close at 87 kobo, per share. On the other hand, Julius Berger led the losers’ chart by 9.46 percent to close at N23.45, per share, per share.
Seplat Energy followed with a decline of 8.33 percent each to close at N1,100.00, while Chams lost 8.00 percent to close at 23 kobo, per share. Linkage Assurance lost 7.69 percent to close at 36 kobo, while UACN shed 6.15 percent to close at N8.40, per share.The total volume traded rose by 7.32 percent to 172.866 million units, valued at N4.014 billion, and exchanged in 4,110 deals.
Transactions in the shares of Access Holdings topped the activity chart with 24.681 million shares valued at N194.142 million. Sterling Bank followed with 21.972 million shares worth N31.130 million, while Transnational Corporation of Nigeria (Transcorp) traded 15.220 million shares valued at N16.155 million.United Bank for Africa (UBA) traded 13.576 million shares valued at N95.821 million, while Zenith Bank transacted 9.567 million shares worth N191.798 million.
