{"id":2000,"date":"2026-06-18T13:54:01","date_gmt":"2026-06-18T10:54:01","guid":{"rendered":"https:\/\/zalebs.com\/news\/nigerias-stocks-slide-again-as-investors-add-n758bn-to-losses\/"},"modified":"2026-06-18T13:54:01","modified_gmt":"2026-06-18T10:54:01","slug":"nigerias-stocks-slide-again-as-investors-add-n758bn-to-losses","status":"publish","type":"post","link":"https:\/\/zalebs.com\/news\/nigerias-stocks-slide-again-as-investors-add-n758bn-to-losses\/","title":{"rendered":"Nigeria\u2019s Stocks Slide Again as Investors Add N758bn to Losses"},"content":{"rendered":"<p>Nigeria\u2019s stock market kept sliding on Wednesday, with investors booking a total loss of N758 billion as market value and the benchmark index both fell for another session.<\/p>\n<h2>Key takeaways<\/h2>\n<ul>\n<li>Market capitalisation decreased by N758 billion, down 0.49%, to N154.445 trillion from Tuesday\u2019s N155.203 trillion.<\/li>\n<li>The All-Share Index fell by 1,182.08 points (0.49%) to close at 240,802.72.<\/li>\n<li>Year-to-date gains narrowed to 54.74% after the latest decline.<\/li>\n<li>Trading ended with more declining stocks than advancers, with 51 losers versus 13 gainers.<\/li>\n<li>Market turnover improved, with traded volume up 23.79% to 662.96 million shares valued at N39.98 billion.<\/li>\n<\/ul>\n<h2>Market value and benchmark index retreat<\/h2>\n<p>Data from the Nigerian equities market showed that market capitalisation slipped by N758 billion, equivalent to a 0.49% drop, reaching N154.445 trillion. This compares with the N155.203 trillion level recorded at the end of Tuesday\u2019s trading.<\/p>\n<p>The All-Share Index tracked the same direction, losing 1,182.08 points, also a 0.49% decline. The index finished at 240,802.72, versus 241,984.80 in the preceding session. As a result, the market\u2019s Year-to-Date return eased to 54.74%.<\/p>\n<h2>Broader losses, mixed leadership among stocks<\/h2>\n<p>Market breadth closed in negative territory, with 51 stocks falling compared with 13 that advanced. Among the decliners, Geregu led the chart, down 10% to close at N1,019.30. Okomu Oil followed with a 9.97% fall, ending at N1,418, while Red Star Express slid 9.95% to finish at N27.60 per share.<\/p>\n<p>On the gainers\u2019 side, Neimeth Pharmaceuticals topped the list, rising 9.47% to settle at N9.25. The upward movers also included Cornerstone Insurance, VFD Group, Mc Nichols and Sunu Assurances.<\/p>\n<h2>Higher trading activity and top counters<\/h2>\n<p>Although prices weakened, activity picked up during the session. Total volume traded climbed by 23.79% to 662.96 million shares, with the value of trades rising to N39.98 billion. Transactions totaled 51,143.<\/p>\n<p>By volume, Access Corporation emerged as the most actively traded name, with 130.26 million shares exchanged, representing 19.65% of the total volume. By value, MTN Nigeria led the day\u2019s trading, with deals worth N8.19 billion accounting for 20.48% of the total market value.<\/p>\n<p>Over the last three days, investors have continued to face sharp portfolio declines, with losses accumulating as sentiment remains under pressure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria\u2019s stock market kept sliding on Wednesday, with investors booking a total loss of N758 billion as market value and the benchmark index both fell for another session. Key takeaways Market capitalisation decreased by N758 billion, down 0.49%, to N154.445 trillion from Tuesday\u2019s N155.203 trillion. The All-Share Index fell by 1,182.08 points (0.49%) to close [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1999,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_title":"Nigeria Stock Market Falls Again as N758bn Loss Grows","_yoast_wpseo_metadesc":"Nigeria\u2019s stock market slips again as investors widen losses by N758bn, sending market value and the All-Share Index lower for a f","mma_seo_breadcrumb_text":"","mma_seo_breadcrumb_url":"","mma_seo_breadcrumb_hide_ui":"","mma_seo_breadcrumb_labels":[],"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2000","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nigeria Stock Market Falls Again as N758bn Loss Grows<\/title>\n<meta name=\"description\" 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