The Nigerian All-Share Index shed 671.81 points on Friday, August 15, 2025, closing at 144,628.20.
This represents a 0.46% drop from Thursday’s 145,367.03 points and extends the market’s losing streak to a third consecutive day.
Trading activity slowed sharply, with 1.37 billion shares changing hands, down from 2.4 billion shares the previous day.
Market capitalization also reflected the bearish mood, slipping to N91.5 trillion from N92 trillion earlier in the week.
On the gainers’ chart, Mutual Benefits Assurance (MBENEFIT) led with a 10% jump, followed closely by Ikeja Hotels (IKEJAHOTEL), which rose 9.95%.
Conversely, the day’s biggest losers included Linkage Assurance (LINKASSURE), International Energy Insurance (INTENEGINS), and Lasaco Assurance (LASACO), each shedding 10%.
In terms of activity, Universal Insurance (UNIVINSURE) and AIICO Insurance led the day, recording the highest trading volumes.
Market activity slowed to 1.37 billion shares on Friday, down from the 2.4 billion shares exchanged in the previous session.
In terms of value, Guaranty Trust Holding Company (GTCO) led with transactions worth N2 billion.
Among the SWOOTs (Stocks Worth Over One Trillion Naira), sentiment was largely negative:
Within the FUGAZ banking group:
United Bank for Africa (UBA) declined 0.62%. FirstHoldco recorded no price movement.
The All-Share Index appears to be in the early phase of a pullback, which could deepen if bearish sentiment carries into the next trading session.
Should investor confidence in large-cap stocks waver further, the index may retreat more sharply.