@AlfaAdam001 The most disturbing thing is when you invested 5 thousand naira into a stock and it Does over 200% because you don't have enough equity to increase your volume
BUA Cement closed the day down 10%, and the market is suddenly full of fear.
But this is what happens when a stock runs too fast. After hitting fresh highs recently, profit-taking was bound to show up. The red may look scary, but one trading session doesnโt change the business
NGX Market Wrap โ Monday 18th May 2026
NGXASI closed at 250,311 pts (-0.01%) YTD return: +60.85% ๐
Market was mixed ๏ฟฝ๏ฟฝ๏ฟฝ 39 decliners vs 40 gainers.
Winners today:๐ข NGX Banking +0.17% โ ZENITH +0.78%, FIRSTHOLDCO +0.43% ๐ข NGX Oil & Gas +0.40% โ ARADEL and OANDO in support
Under pressure:๐ด NGX Consumer Goods -0.26% ๐ด NGX Insurance -0.20% ๐ด NGX Industrial -0.09% โ WAPCO -0.59%
UBA was the most traded stock by volume today. ARADEL led by value.
The index held above 250,000. Banks are quietly doing the work.
Turnover: โฆ37.02bn | Mkt Cap: โฆ161.03trn