Nigerian Stocks Begin New Week, Month Bearish, Slip 0.02%

By Dipo Olowookere

The first trading session of the new week and month of November 2026 on the floor of the Nigerian Exchange (NGX) Limited ended on a bearish note, as the bourse lost 0.02 per cent on Monday.

Business Post reports that sell-offs in Nigerian stocks were mainly felt in the energy and banking sectors during the session, despite the 3.34 per cent gain posted by the industrial goods and the 0.93 per cent rise recorded by the insurance.

Yesterday, the energy index depreciated by 3.75 per cent, the banking segment lost 1.79 per cent, and the consumer goods space slumped by 1.25 per cent.

As a result, the All-Share Index (ASI) went down by 54.28 points to 254,245.21 points from 254,299.49 points, and the market capitalisation crashed by N35 billion to N165.079 trillion from N165.114 trillion.

SUNU Assurances dropped 10.00 per cent to trade at N2.70, Champion Breweries also fell by 10.00 per cent to N8.10, Aradel declined by 9.99 per cent to N1,296.00, Vitafoam Nigeria dipped by 9.97 per cent to N157.20, and Cornerstone Insurance lost 9.89 per cent to close at N4.10.

On the flip side, Consolidated Hallmark gained 10.00 per cent to settle at N7.15, Livestock Feeds appreciated by 9.77 per cent to N14.60, AXA Mansard rose by 9.30 per cent to N11.75, UPDC grew by 7.46 per cent to N3.60, and NPF Microfinance Bank jumped by 7.14 per cent to N4.50.

Yesterday, investors transacted 517.3 million stocks for N47.5 billion in 54,015 deals compared with the 997.6 million stocks worth N85.8 billion traded in 37,870 deals last Friday. This indicated that the trading volume contracted by 48.15 per cent, the trading value moderated by 44.64 per cent, and the number of deals increased by 42.63 per cent.

The most active equity was Honeywell Flour, which traded 74.2 million units valued at N1.8 billion. Access Holdings exchanged 41.6 million units worth N1.2 billion, GTCO transacted 41.1 million units for N4.8 billion, Fidelity Bank sold 29.2 million units valued at N673,0 million, and Consolidated Hallmark recorded a turnover of 28.5 million units worth N202.3 million.