NGX: Investors lose N4.5tn in six consecutive sessions after management’s visit to Tinubu

NGX: Investors lose N4.5tn in six consecutive sessions after management’s visit to Tinubu

Investors in the Nigerian stock market have lost approximately N4.5 trillion in six consecutive trading sessions. The prolonged bearish run saw investors lose N3.8 trillion in four trading sessions last week, followed by additional losses of N106 billion and N544 billion on Monday and Tuesday this week, respectively. DAILY POST reports that the NGX Group management, led by its […] NGX: Investors lose N4.5tn in six consecutive sessions after mana…

Weak sentiment wipes N544bn off equity market value

Weak sentiment leads to a significant equity market downturn on the Nigerian Exchange, wiping N544bn off market value. Discover key indicators and stock mo

Profit-taking hits NGX again as First HoldC leads market declines

Nigeria’s equities market extended its losing streak on Tuesday as renewed profit-taking in heavyweight stocks, particularly First HoldCo and Fidelity Bank, pushed the benchmark index lower despite strong investor interest in MTN Nigeria. The NGX All-Share Index (ASI) declined by 0.35 per cent to close at 241,611.23 points, extending the market’s bearish run to six consecutive sessions. Market capitalisation also fell by approximately N544.5 bil…

NGX extends losses as investors take profit, market cap drops N545bn

Nigerian stocks extended losses as profit taking in banking and other sectors pushed the NGX All Share Index lower, wiping N545 billion from market capitalisation.

Nigerian Exchange Loses Momentum, Drops to N155trn

By Dipo Olowookere The Nigerian Exchange (NGX) Limited has recently struggled to regain its spark due to continued selling pressure from investors reducing their exposure to equities in favour of fixed-income investment instruments. Yesterday, the stock market further shed 0.35 per cent on the back of profit-taking in the banking sector, which closed lower by […]

NGX loses N544.5 billion as First HoldCo, Fidelity Bank lead profit-taking

The Nigerian equities market extended its bearish run on Tuesday, August 18, 2026, as renewed profit-taking in large-cap stocks, led by First HoldCo and Fidelity Bank, dragged the NGX All-Share Index (ASI) down 0.35% to close at 241,611.23 points. The post NGX loses N544.5 billion as First HoldCo, Fidelity Bank lead profit-taking appeared first on Nairametrics.