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The NGX All Share Index closed at 247,571.10 points, down 2,814.6 points (-1.12%).
The decline was gradual yet persistent, with the broad index recording a sequence of lower highs and lower lows throughout the session, and no meaningful recovery into the close.
However, selling momentum eased during the final hour, as the index largely flattened out toward the end of trading (per the chart 👇).
Germany's DAX closed at 24,985.34 points, down 119.36 points (-0.48%).
Unlike the NGX, the DAX spent most of the session advancing and reached an intraday high near 25,300 before sellers emerged aggressively and reversed the day's gains.
FTSE 100 saw moderate declines in he sectors (elling pressure remained moderate, suggesting profit-taking within key sectors such (energy, mining, banking, and commodities). But the broader index remained stable.
Euro Stoxx 50: saw broad resilience and a mild pilback later in the session closing out at 6,038. The broader European index remained more stable against the DAX as weakness in one country's market was partially offsets by strenght elsewhere.
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Fellow Aradel holder here, the frustration is valid.
They missed the May 29 deadline and now we're told June 19.
The ND Western acquisition consolidation is the official reason but that doesn't make the wait less painful.
What I'm holding onto, the business itself hasn't changed.
Oil production still running. Dollar revenues still coming in.
The thesis is intact even if the transparency isn't where it should be.
June 19 better come correct. Watching closely.
You people should be thankful that my Project Ramos no dey online....I pity arsenal fans for her school come June 1 2026. She is predicting that the next final will be a "Manchester Derby"