Trading activity on the Nigerian Exchange (NGX) closed lower on Wednesday, November 5, 2025, as key market indicators reflected a decline compared to the previous session.
At the end of the day’s trading, a total of 517,239,669 shares exchanged hands in 27,287 deals, representing a market turnover of ₦15.97 billion.
The figures show a notable slowdown from Tuesday’s performance, with a 24% decline in traded volume, a 22% drop in turnover, and an 18% fall in the total number of deals. The overall market capitalisation stood at ₦95.7 trillion, indicating sustained investor caution amid ongoing market adjustments.
NCR Nigeria (NCR) led the gainers’ chart, closing at ₦17.60 per share, up 10% from its previous closing price of ₦16.00. The stock has shown remarkable performance throughout the year, having started 2025 at ₦5.00, marking a 252% year-to-date growth, which places it among the top ten performing stocks on the NGX. NCR has also gained 10% in the last four weeks, signalling positive investor sentiment.
Legend Internet (LEGENDINT) followed closely, finishing the session at ₦5.84, up 9.2% from ₦5.35 on Tuesday. However, despite the day’s gain, the stock has had a mixed year, trading below its IPO price of ₦6.20, posted on April 24, 2025. It currently reflects a 5.81% decline year-to-date, ranking it 131st on the performance list.
On the losers’ chart, Transcorp Nigeria (TRANSCORP) saw a significant downturn, dropping 10% to close at ₦45.00, down from ₦50.00 in the previous session. While Transcorp has still managed a 3.45% year-to-date gain from its opening price of ₦43.50, recent market activity raises concerns, as the stock has lost 8% of its value in the last four weeks.
C&I Leasing Plc (CILEASING) also recorded a 10% decline, closing at ₦5.58 compared to ₦6.20 the previous day. Despite the drop, the firm retains a 48% year-to-date appreciation, having opened the year at ₦3.77. Similar to Transcorp, however, it has seen an 8% value loss over the past month, indicating short-term volatility.
News.ng reports that the decline in overall trading activity reflects cautious investor positioning amid broader economic and policy expectations. Analysts suggest the market may experience intermittent fluctuations in the near term, especially as investors reposition ahead of year-end corporate disclosures and monetary policy direction.
Investors are advised to monitor stocks with strong year-to-date fundamentals while remaining cautious of those showing sustained short-term declines.
