Nigerian stock market loses N34 billion amid profit-taking

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Updated: Dec 13, 2025
Credibility: 85%

Lagos, Dec. 10, 2025 (NAN) – The Nigerian stock market extended its losses on Wednesday, with investors recording a N34 billion decline amid profit-taking in key stocks.

Declines in CHAMS Holding, Halldane McCall, UACN, Sunu Assurances, and 20 other stocks pushed the market into negative territory.

Specifically, investors lost N34 billion as the market capitalisation, which opened at N93.658 trillion, slipped slightly to close at N93.624 trillion.

The All-Share Index (ASI) declined by 0.05 per cent, or 78.28 points, settling at 146,862.01 compared to 146,940.29 recorded previously. Consequently, the Year-To-Date (YTD) return dropped to 42.69 per cent.

Despite the losses, the market breadth remained positive with 28 gainers and 24 losers.

Japaul Gold led the gainers’ table, rising 10 per cent to N2.53 per share, followed by Prestige Assurance (+9.40 per cent) at N1.63, and Mecure (+7.72 per cent) at N34.90. The Initiates Plc gained 7.30 per cent to N12.50, while Consolidated Hallmark Holdings rose 6.97 per cent to N4.30 per share.

On the other hand, CHAMS Holding topped the losers’ chart with a 10 per cent drop to N3.06, Halldane McCall fell 8.88 per cent to N4.00, and FG202034S2 declined 8.48 per cent to N106.98 per share. UACN shed 8.18 per cent to close at N80.80, while Sunu Assurances lost 6.98 per cent to N4.00 per share.

Market activity showed an overall decline in value and volume, with 747.1 million shares worth N12.4 billion traded across 19,161 transactions. This was lower than the 1.9 billion shares valued at N30.2 billion exchanged across 23,038 deals previously.

CUTIX recorded the highest trading volume with 122.91 million shares, while Guaranty Trust Holding Company led in value, amounting to N2.74 billion.