• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, September 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Risk-off Sentiment Deepens As Stock Investors Lose N832bn In 1 Week

by Olushola Bello
2 hours ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian equities market extended its bearish trajectory last week, as weak sentiment and risk-off positioning dominated trading activity.

Advertisement

The NGX All Share Index (ASI) shed 0.94 per cent week-on-week to close at 138,980.01 points. In tandem, market capitalisation fell by N832 billion to N87.937 trillion, trimming the year-to-date return to 35.03 per cent. The persistent downturn highlights lingering macroeconomic uncertainties that have tempered investors’ appetite for risk assets.

Market breadth remained weak, with only 19 gainers against 63 decliners. Sovereign Trust Insurance led the gainers’ table by 14.23 per cent to close at N2.97 per share. Secure Electronic Technology followed with a gain of 12.94 per cent to close at 96 kobo, while Cornerstone Insurance went up by 12.36 per cent to close at N7.18 per share.

On the other side, DAAR Communications led the decliners table by 21.10 per cent to close at 86 kobo, per share. UPDC followed with a loss of 13.61 per cent to close at N3.49, while AIICO Insurance declined by 13.61 per cent to close at N3.49, per share.

Overall, a total turnover of 3.117 billion shares worth N90.295 billion in 118,018 deals was traded last week by investors on the floor of the Exchange, in contrast to a total of 3.199 billion shares valued at N85.399 billion that exchanged hands previous week in 142,477 deals.

ADVERTISEMENT

On market’s performance this week, Cowry Asset Management Limited said, “we expect the Nigerian equities market to trade cautiously, with sentiment likely to remain weak amid persistent macroeconomic headwinds such as currency pressures, inflation expectation, and uncertainty around monetary policy direction.

“While bargain-hunting in oversold stocks could trigger mild recoveries in select counters, overall market performance is expected to stay broadly bearish, with investor appetite for risk assets still subdued. The sharp contrast between the few outperformers and the numerous laggards highlights persistent investor caution, as negative sentiment dominates sectoral flows.

RELATED

BUA Group Condemns Attack On NSCDC Personnel In Okpella, Edo

BUA Group Condemns Attack On NSCDC Personnel In Okpella, Edo

2 hours ago
UBA Shareholders Approve N5 Per Share Dividend For 2024

Recapitalisation: UBA Extends N157.84bn Rights Issue By 2 Weeks

2 hours ago

We continue to advise investors to take positions in stocks with strong fundamentals.”

ADVERTISEMENT

 

United Capital Plc said, “the market may likely turn around as it is already in the oversold position. Investors await the release of H1 2025 results from first-tier banks. This may serve as an additional catalyst for the market.”


Join Our WhatsApp Channel



Tags: Stock
SendShare10168Tweet6355Share
ADVERTISEMENT
Previous Post

Recapitalisation: UBA Extends N157.84bn Rights Issue By 2 Weeks

Next Post

Afrinvest Unveils 20th Edition Of Nigerian Banking Sector Report

Olushola Bello

Olushola Bello

You May Like

BUA Group Condemns Attack On NSCDC Personnel In Okpella, Edo
Business

BUA Group Condemns Attack On NSCDC Personnel In Okpella, Edo

2025/09/08
UBA Shareholders Approve N5 Per Share Dividend For 2024
Business

Recapitalisation: UBA Extends N157.84bn Rights Issue By 2 Weeks

2025/09/08
CBN Gov Tells Nigerians Not To ‘Japa’, Says Economic Reforms ’ll Address Current Challenges
Business

Recapitalisation Will Produce Stronger Banks – Cardoso

2025/09/08
Airtel Africa Foundation Awards Tech Scholarships To 2 Nigerian Students
Business

Airtel Africa Foundation Awards Tech Scholarships To 2 Nigerian Students

2025/09/08
FirstBank Facilitates 52 Women into WimBiz Associate Membership
Business

First Bank Supports Gold, Minerals Value Chain, Sponsors Exhibition

2025/09/08
FG Ready To Support Marketers For CNG Pumps Installations – Lopkobiri
Business

Lokpobiri Woos EPC Investors With Reduced Royalties, Enhanced Cost Recovery

2025/09/08
Leadership Conference advertisement

LATEST

JUST-IN: Resident Doctors Begin 7-day Warning Strike In FCT

Senator Natasha Set For Resumption After 6-month Suspension

2026 WCQ: South Africa Stars Acknowledge Challenge Of Facing Nigeria

Super Eagles Arrive In South Africa For Crucial World Cup Match Without Osimhen

Zenith Bank/NBBF Women’s Basketball League Final 8 Dunks Off Sep 16

Exciting Draws, Solid Wins Mark NPFL’s Matchday3

Trabzonspor, Man Utd Reach Verbal Agreement For Onana Loan Deal

French Embassy Fosters Sports Diplomacy At Second Edition Of Fitness Core

Grinders Basketball Foundation Marks 7th Anniversary, Empower Over 50 Student-Athletes

‘It’s Difficult To Work With Mourinho’

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.