NGX Market Cap Sheds N197.31bn As International Breweries, Cornerstone Record Losses

December 1, 2025
Caverton, Ikeja Hotel Halt NGX's Bullish Run, Market Cap Drops By N457bn

The Nigerian Exchange (NGX) Limited said the capitalisation of the stock market depreciated to N91.08 trillion on Monday, December 1, from the N91.28 trillion recorded on Friday, November 28.

According to the NGX report, the market capitalisation dropped by 0.21 percent or N197.31 billion.

Join our WhatsApp Channel

The decrease trailed the decline in the all-share index (ASI), which depreciated from 143,520.53 ASI to 143,210.33 ASI, reflecting a loss of 281.3 basis points.

On the trading floor, about 1.46 billion shares were exchanged by equity investors in 28,956 deals, valued at N18.66 billion, compared to the 1.82 billion shares that were exchanged in 20,645 deals, valued at N20.03 billion the day before.

Top five gainers

  • NCR’s share price increased by N5.45 kobo to rise from N54.65 kobo to N60.10 kobo per share.
  • Sunu Assurance’s share value grew by N0.36 kobo, from N3.92 kobo to N4.28 kobo per share.
  • Champion Brew ended trading at N14 per share, from N12.95 kobo per share – indicating an increase of N1.05.
  • Mecure gained N2.10 kobo to end trading at N29.80 kobo, having opened with N27.70 kobo.
  • Guinea Insurance’s share value was up by N7.27 kobo, after closing at N1.18 kobo from N1.10 kobo per share.

Top five losers

  • International Breweries’ share price depreciated by N1.15 kobo, dwindling from N11.50 kobo to N10.35 kobo per share.
  • RT Briscoe recorded a N0.34 kobo decline in its share price to end trading at N3.10 kobo after opening with N3.44 kobo per share.
  • LotusHal15 lost N7.80 kobo in its share price after trading hours, to sell at N74.20 kobo from N82 per share.
  • Cornerstone Insurance recorded a N0.47 kobo decline in its share price to end trading at N5.53 kobo after opening with N6 per share.
  • DAAR Comms reported a decline of 6.52 percent from the previous day’s share price of N0.92 kobo to end trading at N0.86 kobo per share.

Top five trading equities

  • Cornerstone Insurance reported that 908.81 million shares valued at N4.59 billion were traded on its floor.
  • Wema Bank recorded 113.25 million shares valued at N2.07 billion.
  • Access Corporation saw investors trade 93.91 million of its shares valued at N1.97 billion.
  • Fidelity Bank recorded 59.87 million shares exchanged on its floor, worth N1.13 million.
  • Zenith Bank reported 25.01 million shares valued at N1.50 billion exchanged in investors’ hands.

For press releases, tip-offs, and corporate information, call 08149575257 (hotline)
Email: editor@primebusiness.africa, publisher@primebusiness.africa

+ posts

Leave a Reply

Your email address will not be published.

Previous Story

Venezuela Appeals to OPEC as U.S. Military Pressure Mounts, Trump to Hold Oval Office Meeting

CBN Insists On June 3 Recapitalisation Deadline For BDCs
Next Story

Gap Between Official Window, Parallel Market Dollar Rates Widens To N23

Featured Stories

Latest from Business

FIRS Urges Non-Domestic Oil Shipping Companies To Comply With Tax Laws In Nigeria

NRS Clarifies: VAT on Banking Fees Not Newly Introduced

The Nigeria Revenue Service (NRS) has dismissed media reports suggesting that a new Value Added Tax (VAT) on banking services and electronic transfers has been introduced, describing such claims as misleading. In a press release, the NRS emphasized that VAT has long
Previous Story

Venezuela Appeals to OPEC as U.S. Military Pressure Mounts, Trump to Hold Oval Office Meeting

CBN Insists On June 3 Recapitalisation Deadline For BDCs
Next Story

Gap Between Official Window, Parallel Market Dollar Rates Widens To N23

Don't Miss

Minimum Wage Decision Expected as Nigerian Labour Leaders Await President's Response ABUJA, NIGERIA – The discussions on the new minimum wage between the Federal Government and Organized Labour are anticipated to conclude today, with labour leaders keenly awaiting President Bola Tinubu's verdict on their N250,000 proposal. The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had set a Monday deadline for finalizing the new minimum wage talks. Last Friday, the Tripartite Committee on National Minimum Wage concluded its meetings where the Federal Government and the Organized Private Sector agreed on N62,000, while Labour demanded N250,000. However, the Nigeria Governors Forum declared that any minimum wage exceeding N60,000 would be unsustainable. A labour leader who spoke anonymously on Sunday stated, "We have submitted the report to the president and are waiting for him to make his decision. That is the most important thing and that is what we are all waiting for." The labour leaders, including NLC President Joe Ajaero, are currently attending a labour conference organized by the International Labour Organisation in Geneva, Switzerland. The leadership plans to hold a National Executive Council meeting upon their return, where a decision on a potential strike will be made based on the president's feedback. "We must come back from Geneva first before we can hold a NEC meeting. We are also trying to be careful so the government won't say Labour is inciting citizens against it. We are waiting for the president's decision," added another top NLC official. The labour unions, comprising the NLC and TUC, recently embarked on a two-day nationwide strike to demand a new minimum wage and the reversal of the electricity tariff hike. The strike was suspended for five days after a commitment was made with the Federal Government to resume negotiations and establish a new minimum wage within a week. Following a six-hour meeting between labour leaders and the National Assembly in Abuja, President Tinubu directed the finance minister, Wale Edun, to present the cost implications of a new minimum wage within two days. The finance minister, alongside the Minister of Budget and National Planning, Atiku Bagudu, presented the cost implications at the Presidential Villa on Thursday. The president is currently reviewing the proposal and is expected to make an official announcement soon. When asked about the Monday ultimatum, a source within the NLC said, "We have sent a report to the committee and are expecting the president to act on it. We will hold a National Executive Council meeting regarding the ultimatum when we return from Geneva. It is very important for us to be there, but right now, we are patiently waiting for the decision of Mr President." Organized Labour's recent actions underscore the urgency and importance of establishing a new minimum wage for Nigerian workers. The outcome of President Tinubu's decision will be crucial in determining the next steps for both the government and the labour unions. Related News: Atiku claims to have saved Tinubu's political career Debating the appropriate wage for workers Labour criticizes governors for minimum wage stance The labour leaders and the nation await the president's decision, which will significantly impact the economic and social landscape of Nigeria.

Minimum Wage: Deadline Looms As Nigerian Govt Debunks N105,000 Proposal

As the five-day ultimatum given by organized labor for the
How Russia’s Withdrawal From Black Sea Grain Deal May Escalate Food Shortages In African Countries  

How Russia’s Withdrawal From Black Sea Grain Deal May Escalate Food Shortages In African Countries  

The ongoing crisis between Russia and Ukraine has continued to