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Business News

Nigerian Breweries tops trading value as All-Share Index sheds 2,109 points 

The Nigerian stock market closed lower on August 19, 2025, losing 2,109.00 points to end the day in negative territory.

Tracked by the All-Share Index, the market fell by 1.46% to 142,613.47, compared to 144,722.50 in the previous session.

Daily activity also slowed, with volume easing to 1.02 billion shares, down from 1.05 billion shares traded a day earlier.

Market capitalization declined to N90.2 trillion across 34,352 deals, slipping from the N91 trillion level it held at the start of the week.

Top gainers were ENAMELWARE, up 9.95%, and DAAR COMMUNICATIONS, which rose 9.82%.

On the flip side, ROYAL EXCHANGE and DANGOTE CEMENT fell by 10.00% and 9.88%, respectively.

In terms of volume, UNIVERSAL INSURANCE and AIICO Insurance were the most actively traded stocks of the day.

Market activity softened as daily volume slipped to 1.02 billion shares, down from 1.05 billion shares recorded in the previous session.

The SWOOTs (Stocks Worth Over One Trillion Naira) delivered a mixed outing:

For the FUGAZ banks:

Losses were seen in Zenith Bank (-7.26%), GTCO (-2.06%), and Access Holdings (-0.18%).

The market has entered a retracement phase, with the index likely to dip below 142,000 and possibly 141,000 if the bearish momentum continues.

Further weakness in large-cap stocks could deepen the overall market decline.