NGX’s Biggest Laggards in 2025: Stocks That Dragged the Market Down
Despite a 3.20% gain in Nigeria’s stock market this year, several stocks have weighed down overall performance. Insurance and oil & gas stocks have been the biggest culprits, struggling under market pressure and contributing to a more cautious trading environment.
Top 10 Declining Stocks on NGX (As of March 13, 2025)
Here are the biggest losers so far this year, with all dropping over 10% in value:
1️⃣ Sunu Assurances (-54.42%)
2️⃣ Eunisell Interlinked (-44.21%)
3️⃣ Learn Africa (-25.56%)
4️⃣ Veritas Kapital (-21.01%)
5️⃣ Oando (-19.70%)
6️⃣ Julius Berger (-18.65%)
7️⃣ MRS (-18.27%)
8️⃣ Conoil (-14.46%)
9️⃣ Academy Press (-12.67%)
Aradel Holdings (-10.54%)
What’s Behind the Declines?
Sunu Assurances (-54.42%): The biggest laggard so far, dropping from a 52-week high of ₦11.65 to ₦4.90 despite increased profit (₦3.665 billion in 2024 vs. ₦2.678 billion in 2023).
Eunisell Interlinked (-44.21%): Despite a massive 961% revenue growth and returning to profitability, its stock price has taken a hit.
Learn Africa (-25.56%): A drop in revenue (₦3.35 billion vs. ₦4.92 billion in 2023) has dragged its stock price down.
Other stocks like Oando, Julius Berger, and Conoil have also faced investor skepticism, with no major catalysts in sight to drive recovery.
⚖️ Market Outlook: Cautious Trading Ahead
With mixed trading trends and profit-taking on recent gainers, analysts predict cautious sessions in the coming months. Investors are advised to watch for potential turnarounds or further declines in these laggard stocks.
Stay updated for further insights on the Nigerian capital market!
Despite a 3.20% gain in Nigeria’s stock market this year, several stocks have weighed down overall performance. Insurance and oil & gas stocks have been the biggest culprits, struggling under market pressure and contributing to a more cautious trading environment.
Top 10 Declining Stocks on NGX (As of March 13, 2025)
Here are the biggest losers so far this year, with all dropping over 10% in value:
1️⃣ Sunu Assurances (-54.42%)
2️⃣ Eunisell Interlinked (-44.21%)
3️⃣ Learn Africa (-25.56%)
4️⃣ Veritas Kapital (-21.01%)
5️⃣ Oando (-19.70%)
6️⃣ Julius Berger (-18.65%)
7️⃣ MRS (-18.27%)
8️⃣ Conoil (-14.46%)
9️⃣ Academy Press (-12.67%)
Aradel Holdings (-10.54%)
What’s Behind the Declines?
Sunu Assurances (-54.42%): The biggest laggard so far, dropping from a 52-week high of ₦11.65 to ₦4.90 despite increased profit (₦3.665 billion in 2024 vs. ₦2.678 billion in 2023).
Eunisell Interlinked (-44.21%): Despite a massive 961% revenue growth and returning to profitability, its stock price has taken a hit.
Learn Africa (-25.56%): A drop in revenue (₦3.35 billion vs. ₦4.92 billion in 2023) has dragged its stock price down.
Other stocks like Oando, Julius Berger, and Conoil have also faced investor skepticism, with no major catalysts in sight to drive recovery.
⚖️ Market Outlook: Cautious Trading Ahead
With mixed trading trends and profit-taking on recent gainers, analysts predict cautious sessions in the coming months. Investors are advised to watch for potential turnarounds or further declines in these laggard stocks.
Stay updated for further insights on the Nigerian capital market!