The Nigerian All-Share Index closed lower on Tuesday, November 18, slipping by 173.26 points to finish at 144,986.51, a mild 0.12% decline from the previous day’s 145,159.77 close.
Market activity also slowed, with total volume easing to 381.2 million shares from 388.1 million shares traded on Monday.
Market capitalization mirrored the decline, edging down from N92.3 trillion to N92.2 trillion across 21,827 deals.
On the gainers’ chart, NCR and UPL led the pack, advancing 9.95% and 9.80% respectively.
On the flip side, LIVINGTRUST and MCNICHOLS topped the losers’ list, shedding 9.90% and 9.00%.
For traded volume, TANTALIZERS and STERLINGNG dominated the session, posting the highest share activity.
Among the FUGAZ group, ZENITHBANK slipped 3.1%, UBA fell 2.51%, and ACCESSCORP declined 1.12%.
On the upside, GTCO gained 0.35%, while FIRSTHOLDCO advanced 0.5%.
The Nigerian All-Share Index continues to face persistent bearish pressure, with the potential for further downside if sentiment remains weak.
However, a recovery in mid- and large-cap stocks could help the index reclaim levels above 150,000 in the near term.