{"id":697,"date":"2026-06-30T11:43:56","date_gmt":"2026-06-30T11:43:56","guid":{"rendered":"https:\/\/kufmtv.net\/?p=697"},"modified":"2026-06-30T11:43:57","modified_gmt":"2026-06-30T11:43:57","slug":"nigerian-stock-market-suffers-2-35-trillion-loss-as-money-market-bleeds","status":"publish","type":"post","link":"https:\/\/kufmtv.net\/index.php\/2026\/06\/30\/nigerian-stock-market-suffers-2-35-trillion-loss-as-money-market-bleeds\/","title":{"rendered":"NIGERIAN STOCK MARKET SUFFERS 2.35 TRILLION LOSS AS MONEY MARKET BLEEDS"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"736\" height=\"416\" src=\"https:\/\/kufmtv.net\/wp-content\/uploads\/2026\/06\/Nigerian-stock-market.jpg\" alt=\"\" class=\"wp-image-698\" srcset=\"https:\/\/kufmtv.net\/wp-content\/uploads\/2026\/06\/Nigerian-stock-market.jpg 736w, https:\/\/kufmtv.net\/wp-content\/uploads\/2026\/06\/Nigerian-stock-market-300x170.jpg 300w\" sizes=\"(max-width: 736px) 100vw, 736px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The Nigerian stock market recorded another major decline on Monday as investors lost about two point three five trillion naira following heavy sell-offs in major stocks.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Nigerian Exchange All-Share Index fell by one point five seven per cent to close at 228 thousand, 401 point 92, while market capitalisation dropped to 146 point 56 trillion naira.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The decline was driven mainly by MTN Nigeria, Unilever Nigeria and Learn Africa, which all recorded the maximum daily loss of ten per cent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Market data showed that 47 stocks declined, while only 13 recorded gains, reflecting widespread selling across the market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among the biggest losers were MTN Nigeria, Unilever Nigeria, Learn Africa, Austin Laz and Abbey Mortgage Bank.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the gainers&#8217; chart, UPDC led with a nine point two three per cent increase, followed by CNIF, Sovereign Trust Insurance, Cornerstone Insurance and Neimeth International Pharmaceuticals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trading activity, however, remained strong, with more than one billion shares valued at 44 point six billion naira exchanged during the session, suggesting increased institutional repositioning despite the market downturn.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian stock market recorded another major decline on Monday as investors lost about two point three five trillion naira [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"h5ap_radio_sources":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-697","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"kufmtv","author_link":"https:\/\/kufmtv.net\/index.php\/author\/kufmtv\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/kufmtv.net\/index.php\/category\/uncategorized\/\" rel=\"category tag\">News<\/a>","rttpg_excerpt":"The Nigerian stock market recorded another major decline on Monday as investors lost about two point three five trillion naira [&hellip;]","_links":{"self":[{"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/posts\/697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/comments?post=697"}],"version-history":[{"count":1,"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/posts\/697\/revisions"}],"predecessor-version":[{"id":699,"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/posts\/697\/revisions\/699"}],"wp:attachment":[{"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/media?parent=697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/categories?post=697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kufmtv.net\/index.php\/wp-json\/wp\/v2\/tags?post=697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}