Market Review for the week ended 28th November, 2025
The Nigerian Exchange (NGX) All-Share Index (ASI) extended its bearish trend for the fourth consecutive week, declining by 0.14% week-on-week to close at 143,520.53 points, compared to 143,722.62 points recorded in the previous week. Consequently, the year-to-date (YtD) return further moderated to 39.44%. Similarly, market capitalization shed 0.14%, settling at ₦91.286 trillion, down from ₦91.415 trillion in the preceding week.
A total turnover of 4.140 billion shares, valued at ₦115.889 billion, was traded in 102,351 deals on the NGX during the week. This represents a 55.17% increase in volume, a 9.08% rise in value, and a 5.23% decline in the number of deals, compared to the 2.668 billion shares worth ₦106.264 billion exchanged across 107,998 deals in the previous week. Sectoral performance was broadly negative across the tracked indices, except for the NGX Banking Index, which appreciated by 0.67% week-on-week. The NGX Insurance Index, NGX Consumer Goods Index, NGX Oil & Gas Index, and the NGX Industrial Goods Index declined by 0.07%, 0.70%, 0.23%, and 1.92%, respectively.
Although the market closed the week on a bearish note, several equities delivered notable performances. IKEJAHOTEL (+45.08%), NCR (+32.97%), UACN (+12.71%), CWG (+11.84%), and VERITASKAP (+11.25%) emerged as the top gainers. Conversely, MEYER ranked as the worst-performing stock for the week, declining by 18.89% week-on-week (WoW).
Top 5 Price Gainers
| Security | Previous Close (₦) | Close Price (₦) | Gain (₦) | Change (%) |
| IKEJAHOTEL | 20.85 | 30.25 | 9.40 | 45.08 |
| NCR | 41.10 | 54.65 | 13.55 | 32.97 |
| UACN | 70.00 | 78.90 | 8.90 | 12.71 |
| CWG | 16.05 | 17.95 | 1.90 | 11.84 |
| VERITASKAP | 1.60 | 1.78 | 0.18 | 11.25 |
Top 5 Price Losers
| Security | Previous Close (₦) | Close Price (₦) | Loss (₦) | Change (%) |
| MEYER | 16.15 | 13.10 | -3.05 | -18.89 |
| SUNUASSUR | 4.60 | 3.92 | -0.68 | -14.78 |
| UPDC | 5.70 | 5.02 | -0.68 | -11.93 |
| TANTALIZER | 2.51 | 2.25 | -0.26 | -10.36 |
| ABBEYBDS | 6.50 | 5.85 | -0.65 | -10.00 |


