The Nigerian Alternate (NGX) booked N180 billion every day achieve on Friday, November 28, the final buying and selling day in November 2025.
The positive aspects have been largely pushed by positive aspects recorded within the Shopper Items sector, which dominated with a 0.57% achieve, supported by Banking (0.25%) and Industrial Items.
Nonetheless, month-on-month foundation, the market recorded its worst month-to-month decline as the worth of traded equities fell N6.55 trillion in market capitalisation, which closed at N91.29 trillion as towards N97.82 trillion on the starting of the month.
This signifies a pointy decline of 6.7%, the worst month-to-month losses this yr.
The All Share Index additionally fell by an equal proportion to shut at 143,520.53 factors, down from 154,126.46 factors firstly of the month.
Nonetheless, the market recorded spectacular achieve on Friday when thought of on every day foundation.
The N180 billion achieve pushed market capitalization to N91.29 trillion, up from N91.11 trillion the day prior to this, whereas the benchmark All Share Index (ASI) additionally superior by 0.20% to 143,520.53 factors, lifting year-to-date efficiency to +39.44%.
There was a unprecedented spike in market exercise following an enormous institutional shopping for curiosity in Cornerstone Insurance coverage. Nonetheless, the heavy transaction on Cornerstone Insurance coverage didn’t affect the sector, as Insurance coverage recorded the worst decline.
Unconfirmed disclosure from stockbrokers indicated that some institutional buyers poured N6.402 billion in Cornerstone Insurance coverage in trade for 1,267 items of the inventory, making the inventory the best traded on Friday. Consequently, turnover quantity jumped by 462.83% to 1,83 billion shares valued N20.03 billion in 12,640 offers.
A complete of 33 shares gained in share worth, larger than 21 losers. IKEJAHOTEL, NGXGROUP, ACADEMY, OMATEK, and CADBURY led the advancers, whereas ABBEYBDS, MEYER, SUNUASSUR, SOVRENINS, and LINKASSURE posted notable declines.
Sectoral efficiency was blended: Shopper Items dominated with a 0.57% achieve, supported by Banking (0.25%) and Industrial Items. Nonetheless, Insurance coverage (-2.29%) and Oil & Fuel (-0.19%) declined, whereas Commodity remained unchanged.
