Shareholders Lose N1.06trn As Dangote Cement, Julius Berger, 39 Other Stocks Plummet

The Nigerian stock market took a significant hit as investors suffered a cumulative loss of N1.06trn following sharp declines in the shares of 41 companies listed on the Nigerian Exchange (NGX).

Key players such as Dangote Cement, MTN Nigeria, Julius Berger, and Honeywell Flour Mills led the downturn, erasing the gains made earlier in 2025 and marking the steepest daily decline in the year.

The All-Share Index (ASI), a benchmark for market performance, dropped by 1,745.16 basis points or 1.66 per cent, closing at 103,622.09. This sharp decline underscores the dominance of bearish sentiments, as sell-offs in high-profile blue-chip and mid-cap stocks weighed heavily on the market.

Despite the overall market slump, trading activity on the NGX saw a modest increase. Total trading volume rose by 1.06 per cent to 511.16m units, while the total value of transactions surged by an impressive 57.01 per cent to N12.76bn, executed across 13,052 deals.

Prominent stocks experienced significant losses, with Dangote Cement (DANGCEM) recording a -9.98 per cent depreciation, one of the highest among the decliners. Julius Berger (JBERGER) also shed -9.98 per cent, while MTN Nigeria (MTNN) dipped by -3.72 per cent. Honeywell Flour Mills (HONYFLOUR) led the losers’ chart with a maximum daily loss of -10.00 per cent, highlighting the scale of the sell-off.

Other major decliners included NGXGROUP (-8.47 per cent), JAPAULGOLD (-5.96 per cent), and several others, bringing the total number of losing stocks to 41 for the trading session.

Amid the widespread losses, some stocks managed to buck the trend. Northern Nigeria Flour Mills (NNFM) topped the gainers’ chart with a 10.00 per cent appreciation. Other notable gainers included Livestock Feeds (+9.91 per cent), Academy Press (+9.90 per cent), and University Press Limited (UPL) with a gain of +9.82 per cent.

In total, 23 stocks closed in the green, offering a glimmer of hope for investors navigating the volatile trading conditions.

The significant losses recorded on the NGX underscore the challenges facing the Nigerian stock market in 2025. As investors grapple with heightened volatility and shifting market dynamics, all eyes remain on policy developments and global economic trends to provide direction in the coming weeks.

Shareholders Lose N1.06trn As Dangote Cement, Julius Berger, 39 Other Stocks Plummet is first published on The Whistler Newspaper