Nigeria Stock Market Update – Today

 Market Snapshot

As of the latest trading session:

The NGX All-Share Index (ASI) dropped by 671.81 points, closing at 144,628.20, marking a 0.46% decline compared to the previous trading day.

On a weekly basis, the market dipped 0.77%, though it still maintains a strong year-to-date gain of 40.52%.

Source: Nairametrics (embedded data) via updated NGX figures. 

Market Activity Highlights

Trading volume and turnover fell significantly:

Volume down by 44%

Turnover down by 37%

Number of deals decreased by 26%

These contractions indicate a notably slower trading day.

Source: Nairametrics (NGX live data) 

Winners & Losers Today

Top gainers:

Mutual Benefits Assurance surged ~10% to ₦3.85

Ikeja Hotel rose ~9.95%

Wema Bank jumped ~9.9%

Deap Capital Management & Trust gained ~9.52%

Biggest losers:

Lasaco Assurance, International Energy Insurance, and Linkage Assurance all declined by 10%

N.E.M. Insurance Company fell ~9.97%

The most actively traded stock was Universal Insurance Company (over 309 million shares), followed by Aiico, Mutual Benefits, and Veritas Kapital Assurance.

Source: Nairametrics – NGX trading summary 

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At a Glance

Metric Today's Data

NGX ASI Change –671.81 points (–0.46%)

Weekly Movement –0.77%

YTD Performance +40.52%

Volume / Turnover / Deals Declined (–44%, –37%, –26%)

Top Gainers Mutual Benefits (+10%), Ikeja Hotel, Wema Bank, Deap Capital (~+9%)

Top Losers Lasaco Assurance & others (–10%)

Most Active Stock Universal Insurance (309M shares)

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What This Means

The decline in Nigeria’s stock market today points to investor caution, possibly influenced by broader economic or sector-specific concerns. However, standout performers in financial and hospitality sectors suggest selective opportunities remain. Notably, Mutual Benefits Assurance and Wema Bank may be benefiting from renewed investor optimism in Nigeria’s insurance and banking sectors.

If you'd like, I can break this down further—say, sector-by-sector trends, comparisons with global market

s, or deeper insight into what’s driving these sharp winners and losers.