NGX Market Cap Drops Amid Investor Losses

Investors in the Nigerian stock market experienced significant losses, with a total of N541 billion lost in market value during the week. The market capitalisation fell to N161.593 trillion, marking a decline of 0.33 per cent from its opening level of N162.134 trillion.

The market's Year-to-Date return has been reduced to 59.93 per cent, reflecting the impact of sustained selling pressure. Despite this, the market breadth showed a positive trend, with 29 stocks advancing compared to 23 that declined.

The Nigerian stock market closed the week on a negative note on Friday, November 6, 2026, as investors faced substantial losses amid ongoing selling pressure.