简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract：Market takes a hit: a trillion naira wiped out—what happened?
Last week, the Nigerian stock market continued its downward trend, with four out of five trading days closing in the red.
The total market capitalization plunged by ₦4.76 trillion, while the All-Share Index (ASI) dropped 1.19%, settling at 106,538.60 points. Market capitalization shrank by 0.71% to ₦66.717 trillion, despite the listing of 1.104 billion shares of Ellah Lakes and 18.2 billion shares of Fidelity Bank on the exchange. Investor sentiment remained weak.
The overall market performance was poor, with all major sectors experiencing losses. The banking and insurance sectors led the decline, falling 2.87% and 2.33%, respectively.
The consumer goods, oil & gas, and other industries also faced downward pressure. Among individual stocks, Eterna plummeted 18.69%, while Transnational Corporation and FCMB Group dropped 17.72% and 14.15%, respectively.
Although some stocks, such as Tantalizers, which surged 36.32%, performed well, the overall market sentiment remained bearish.
Looking forward, market volatility may persist. Cowry Asset Management suggests that the release of top banks‘ audited financial reports could be a key factor influencing investor sentiment, while the market’s overbought conditions indicate a need for caution in the short term.
Additionally, Afrinvest predicts that as fixed-income market yields continue to ease, a moderate buying opportunity may emerge. Given these uncertainties, investors should focus on fundamentally strong stocks and adopt a well-calibrated strategy to navigate the market fluctuations.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
HYCM Capital Markets (UK) Limited reported a £236,304 loss for 2025, as higher administrative costs offset a small rise in revenue and reversed the previous year’s profit.
As of December 1, 2025, a total of 105 companies in the United Kingdom held CFD licences.
Failed to withdraw your funds successfully from the TDFX platform? Did the Australia-based brokerage firm illegitimately take away your trading profits? Have you witnessed losses on the broker’s trading platform due to heavy slippage? Did you also struggle transferring your funds from the TDFX trading account? You are not alone! These allegations have somewhat degraded the rating of the forex broker. Through this TDFX review article, we aim to investigate user complaints so that you can decide whether this trading enterprise is right for you. Keep reading to find our analysis.
With the rapid growth of the global multi-asset investment market, the disparities in the forex industry across different regions have become increasingly evident. As a forex broker information service platform operating in over 200 countries and regions, WikiFX is committed to helping investors in each region identify reliable brokers. Therefore, WikiFX launched a series content — Close Up with WikiFX, which offers in-depth interviews with local brokers. Leveraging WikiFXs robust big data system and industry insights, the series aims to help investors gain a deeper understanding of high-quality brokers. In this exclusive interview, we had the opportunity to speak with Konstantinos Theodorou, CEO of InterStellar Group-Cyprus, to explore the company’s operations and market insights.
WikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFXWikiFX
