Nigerian Equities Market Declines by 0.38% as Market Cap Shrinks N370.9bn

The Nigerian Stock Exchange (NGX) witnessed a downward trend on October 30, 2025, with the All-Share Index falling by 0.38% to close at 153,676.66 points. Market capitalization dropped by N370.9 billion to N97.54 trillion, reflecting a bearish sentiment across major sectors.

Key sectors like banking and consumer goods recorded losses, while oil and gas showed a mild rebound. Investor caution prevailed due to profit-taking, weak demand, and mixed corporate earnings, impacting market sentiment negatively.