Consumer Goods Lift Sentiment Amid Market Sell-Offs

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August 19, 2025/United Capital Research

Today, the Nigerian Stock Exchange Market closed on a negative note following share price depreciation in DANGCEM (-9.88%) and ZENITHBANK(-7.26%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 1.46% to close at 142,613.47 points.

Year to date returns weakened to settle at 38.56%, while market capitalisation closed at N90.28tn. Activity level in the market was mixed with the total value of stocks traded rising by 9.22% to settle at N17.66bn.
Meanwhile, the total volume of stocks traded fell by 10.39% settling at and 1.03bn units.

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