The Nigerian equities market closed in the red on Tuesday, September 16, 2025, as the All-Share Index (ASI) shed 112.20 points to finish at 141,546.78, compared with 141,659.00 recorded the previous day.
This translates to a marginal 0.08% dip, marking a pause in the recent bullish momentum.
Investor participation weakened, with daily trading volume dropping to 414.9 million units, down from 555.1 million units in the prior session. Market capitalisation also slipped slightly to ₦89.55 trillion from ₦89.62 trillion.
Top Movers
Gainers: CUSTODIAN (+9.94%), MULTIVERSE (+9.68%), EUNISELL (+9.45%), ETRANZACT (+9.45%), UNIONDICON (+8.42%).
Losers: AUSTINLAZ (-6.27%), DEAPCAP (-5.56%), FTNCOCOA (-4.84%), REGALINS (-4.40%), CHAMPION (-4.26%).
Volume & Value Leaders
GTCO led activity with 32.8 million shares, closely followed by NSLTECH (32.4 million) and UBA (26.2 million).
In value terms, GTCO topped the chart with trades worth ₦3.1 billion, while MTNN (₦1.6 billion), ZENITHBANK (₦1.25 billion), UBA (₦1.24 billion), and GUINNESS (₦561 million) completed the top five.
Sector Highlights – SWOOT & FUGAZ
Among Stocks Worth Over One Trillion Naira (SWOOTs): INTERNATIONAL BREWERIES fell 4.17%, while NIGERIAN BREWERIES dipped 0.36%.
Within the FUGAZ basket: GTCO gained 0.85%, ACCESCORP added 0.37%, FIRSTHOLDCO closed flat, UBA slipped 2.28%, and ZENITHBANK declined 0.29%.
Market Outlook
Despite the mild setback, analysts note that the ASI remains in a correction phase after touching 138,157.10 earlier in September. With several large-cap stocks stabilising, investors are seen adopting a wait-and-see stance in search of attractive entry points following August’s volatility.
