Nigerian stock market bleeds N2.18 trillion as investors face fourth straight day of losses

Investors recorded N2.18 trillion in losses at the Nigerian Exchange Limited on Thursday as market capitalization fell 1.41% to N152.266 trillion from N154.445 trillion. The All-Share Index dropped 3,397.80 points to 237,404.92, with only 13 gainers against 40 decliners. Cadbury, Africa Prudential, and Triple Gee led losses at 10% each, while Legend Internet, NPF Micro-finance Bank, and Transcorp topped gainers.

This marks the fourth consecutive day of market losses this week, erasing year-to-date returns to 52.56%. Trading volume improved 4.33% to 691.64 million shares worth N116.85 billion across 50,025 transactions. FirstHoldco dominated volume at 16.75% of trades, while Dangote Cement accounted for 71.37% of turnover value at N83.39 billion.

The sustained downturn reflects investor concerns about market conditions and economic uncertainty. Individual investors holding stocks in the declining companies face immediate paper losses, while those in gaining stocks may see temporary relief. Market volatility remains high with significant daily swings in both directions.

If you're invested in the stock market, this underscores the importance of portfolio diversification and regular monitoring. Consider reviewing your holdings and risk tolerance as market conditions shift.

SOURCE: https://dailypost.ng/2026/06/19/investors-record-highest-loss-in-nigerian-stock-market/