November 19, (THEWILL) — The Nigerian equities market closed lower on Wednesday, November 19, 2025, as sustained sell pressure dragged key performance indicators into negative territory.
Market Capitalisation opened at N92.218 trillion and slipped to N92.002 trillion, while the All-Share Index (ASI) fell from 144,986.51 points to 144,646.01 points, reflecting persistent investor caution.
The session ended with a strongly negative market breadth, recording 17 gainers against 39 losers, signalling intensified bearish sentiment across major counters.
Top Gainers
Despite the market-wide decline, a few stocks posted notable gains:
• FG162049S2 advanced 10.53 percent (from N95.00 to N105.00).
• NCR rose 9.85 percent (from N30.95 to N34.00).
• CAVERTON added 9.71 percent (from N5.15 to N5.65).
• UACN appreciated 8.33 percent (from N63.05 to N68.30).
• MBENEFIT gained 7.69 percent (from N3.38 to N3.64).
Top Losers
The losers’ chart was dominated by sharp declines across sectors:
• UNIVINSURE shed 10.00 percent (from N1.30 to N1.17).
• ABCTRANS fell 9.95 percent (from N3.82 to N3.44).
• LIVINGTRUST declined 9.92 percent (from N3.73 to N3.36).
• CHELLARAM dropped 9.85 percent (from N16.25 to N14.65).
• ROYALEX dipped 9.76 percent (from N2.05 to N1.85).
Unchanged Stocks
Counters that held their previous closing prices include:
Dangote Cement, Custodian Investment, Julius Berger, Cadbury, and Vitafoam.
Investor Sentiment and Market Outlook
Today’s trading pattern reflects broad-based risk-off sentiment, driven by profit-taking and weaker demand for equities. With more than double the number of losers compared to gainers, market mood remains cautious ahead of further economic data releases and corporate announcements.
For tomorrow’s session, mild bargain-hunting may emerge on recently beaten-down large-cap and mid-cap stocks, but overall sentiment is expected to stay mixed, with the market likely to trade within a narrow band unless a strong catalyst shifts investor appetite
Ogochukwu Onwaeze
