Nigerian Equities Market Extends Losses Amid Bearish Sentiment

The Nigerian equities market closed lower on November 19, 2025, with sustained selling pressure dragging key performance indicators into negative territory. Market capitalization opened at N92.218 trillion but slipped to N92.002 trillion, while the All-Share Index (ASI) fell from 144,986.51 points to 144,646.01 points.

Despite a market-wide decline, a few stocks like FG162049S2, NCR, Caverton, UACN, and MBenefit posted notable gains. On the losing side, Univinsur, ABCTran, Livingtrust, Chellaram, and RoyalEx experienced sharp declines.

The market mood remains cautious, with mild bargain hunting observed. Overall sentiment expects a mixed market unless a strong catalyst shifts investor appetite.