
December 04, (THEWILL) — The Nigerian Exchange (NGX) closed Thursday, December 4, 2025, on a mixed note, with the All-Share Index (ASI) slightly higher than the previous day’s performance. Market capitalisation opened at N92.628 and closed at N92.725, while the ASI opened at 145,323.87 points and ended at 145,476.15 points.
The market recorded a total of 23 gainers and 28 losers, reflecting cautious trading as investors weighed gains in industrial and financial stocks against losses in consumer and manufacturing sectors.
Top Gainers
- UACN 10.00 percent (N80.00 to N88.00)
- MORISON 9.94 percent (N3.22 to N3.54)
- ETI 8.53 percent (N34.00 to N36.90)
- WAPIC 8.47 percent (N2.36 to N2.56)
- MANSARD 7.75 percent (N12.90 to N13.90)
Top Losers
- ELLAHLAKES -10.00 percent (N14.60 to N13.14)
- EUNISELL -10.00 percent (N81.00 to N72.90)
- TRANSCOHOT -9.95 percent (N174.90 to N157.50)
- OMATEK -9.23 percent (N1.30 to N1.18)
- GUINEAINS -8.46 percent (N1.30 to N1.19)
Unchanged Stocks
- MTN Nigeria Communications
- Dangote Cement
- Seplat Energy
- Custodian Investment
- Julius Berger
Investor Sentiment
Trading today reflected cautious optimism. Gains in UACN, ETI, and other industrial and financial stocks suggest selective investor confidence, while losses in consumer and manufacturing names point to profit-taking amid ongoing macroeconomic pressures such as inflation, currency depreciation, and rising input costs. Investors remain watchful, balancing potential gains in strong sectors against broader economic risks.
Market participants are likely to remain selective in the coming sessions. Blue-chip and export-oriented stocks may continue to attract interest, but overall growth could be tempered by persistent economic challenges and sector-specific volatility.

