The Nigerian Stock Exchange (NGX) experienced a significant slowdown in trading activity on Thursday, November 27, 2025, with volumes and turnover dropping sharply compared to the previous session.
A total of 323.5 million shares changed hands across 18,312 deals, generating a turnover of ₦12.08 billion.
The figures represent a dramatic decline from Wednesday’s trading session, with volume down 56%, turnover falling 66%, and the number of deals decreasing 8%.
Despite the reduced activity, the NGX maintained its market capitalization at ₦92 trillion, reflecting the overall valuation of Africa’s largest economy’s equity market.
Of the 128 listed equities that participated in trading, sentiment leaned positive with 33 stocks recording gains against 20 losers.
Ikeja Hotel emerged as the day’s top performer, surging 10% to close at ₦27.50 per share. Linkage Assurance matched this performance with a 10% gain, while NCR Nigeria and Learn Africa both added 9.96%.
On the losing side, Champion Breweries suffered the steepest decline, shedding 9.85% to close at ₦12.35 per share. Sterling Bank fell 8.33%, followed by UPDC with an 8.23% loss and C&I Leasing down 4.83%.
Nigeria’s major banking stocks continued to attract the most trading interest. Fidelity Bank led volume charts with 32.2 million shares traded, followed by United Bank for Africa with 28.2 million shares. Guaranty Trust Holding and Zenith Bank recorded 26.2 million and 24.6 million shares, respectively.
News.ng reports that the sharp decline in trading activity may signal investor caution as the year draws to a close, with market participants potentially awaiting fresh catalysts to drive engagement ahead of the 2026 trading year.
