Guinness and Conoil experienced significant losses as the stock market experienced a turbulent session on Wednesday, August 20, 2025, with a notable decline of 29.92% in trading volume and a 27.03% drop in value, totaling 1,206,065,806 units and ₦17,653,936,802.56, respectively.
Top gainers on a rather grim day included ChampionAZ, which closed at 19.74 after a 1.79% increase, and AUSTINLAZ, up 1.24% to close at 2.64. MULTIVERSE and ENAMELWA also saw significant rises, with gains of 9.00% and 8.64%, closing at 9.55 and 39.00 respectively.
However, the market’s optimism was tempered by notable losers, with CONOIL and CONHALLPLC experiencing the steepest declines, dropping 23.40% to 211.10 and 0.48% to 4.35, respectively. ROYALEX and ELLAHLAKES also closed lower, down 0.25% and 1.62%.
Trading activity highlighted Champion as the most traded stock by volume, with 448 deals and 54,519,972 units, while Zenithbank led by value, recording 1,320 deals worth ₦1,269,372. UNIVINSURE and ROYALEX followed closely among the most traded by volume, with 404 and 183 deals respectively. Other active stocks by value included GTCO and STANBIC, with values of ₦941,922 and ₦773,027.
