The Nigerian All-Share Index (ASI) extended its decline on November 5, 2025, falling by 1,816.2 points to close at 150,813.4, representing a 1.19% drop from 152,629.6 recorded in the previous session.
Large-cap stocks such as International Breweries, Lafarge, MTN, and Airtel recorded declines.
This is despite the rise in trading activity, with 1.1 billion shares exchanging hands, up from 683 million shares in the previous session.
Market capitalization slipped to N95.6 trillion across 27,303 deals, compared to N96.9 trillion posted the previous day.
Trading volume surged to 1.1 billion shares on the day compared to 683 million shares traded in the previous session.
The Stocks Worth Over One Trillion Naira (SWOOTs) closed mixed.
On the flip side, International Breweries fell 8.05%, Lafarge dropped 7.14%, MTNN slipped 5.94%, and Airtel Africa declined 1.75%.
Among the FUGAZ group, performance was similarly uneven.
On the flip side, Zenith Bank shed 1.22%.
Despite the decline, the All-Share Index remains above the 150,000-point threshold.
Renewed bullish momentum in large-cap stocks could serve as the next catalyst for an upward push once buying interest returns.