Nigerian Stocks Slip as NGX ASI Falls 0.13%, Investors Lose ₦120.93bn

Market Weakens After Two-Day Rally

NGX) All-Share Index (ASI) closed lower today, sliding -0.73% to 142,613.47, as the market faced broad-based selling pressure.
NGX) All-Share Index (ASI) closed lower today, sliding -0.73% to 142,613.47, as the market faced broad-based selling pressure.

The Nigerian stock market closed in negative territory on Wednesday, August 13, 2025, as the NGX All-Share Index (NGX ASI) fell 0.13% to 145,865.48 points, reversing a two-day winning streak.

Market capitalisation dropped by ₦120.93bn to ₦92.28trn, while the year-to-date (YTD) return eased to 41.72%, reflecting profit-taking in key blue-chip and mid-tier stocks.

The downturn was driven by heavy selloffs in Berger Paints (-6.16%), Nigerian Breweries (-3.90%), NNFM (-3.01%), Lafarge Africa (-2.14%), and tier-1 banks including Zenith Bank (-1.96%), UBA (-1.33%), and GTCO (-1.31%). Other notable decliners were Transcorp (-1.06%), Honeywell Flour (-1.03%), and Aradel Holdings (-0.19%).

Interestingly, market breadth remained strong with 50 gainers versus 21 losers, led by RT Briscoe, Learn Africa, FTN Cocoa, Caverton, Tripple Gee, and Prestige Assurance. Six stocks, Learn Africa, Tripple Gee, Prestige, Mansard, Ellah Lakes, and Cornerstone Insurance, hit new 52-week highs, while VFD Group slid to a 52-week low at ₦12.00.

Ad Banner

Total volume traded rose 5.06% to 1.34bn shares valued at ₦20.22bn across 30,749 deals. UNIVINSURE led by volume with 193.43m units (14.42% of trades), followed by Japaul Gold and Veritas Kapital.

AccessCorp topped value charts at ₦2.35bn, with Zenith Bank and Aradel close behind.

Share this article

Receive the latest news

Subscribe To Our Newsletter

Get notified about new articles