The Nigerian stock market ended its three-day bullish streak on Friday with a 0.3% decline in key performance indicators. The Nigerian Exchange Ltd. (NGX) saw its market capitalization decrease by N202 billion, falling from Thursday's N66.667 trillion to N66.465 trillion. Similarly, the All-Share Index dropped by 321.65 points to close at 105,752.61.

This downturn was primarily attributed to share price depreciation in major stocks including Dangote Cement and Transcorp. Despite the overall decline, market sentiment remained positive with gainers outnumbering losers 41 to 15.

Among the top performers, Ikeja Hotel led with a 10% increase, closing at N12.10 per share. International Breweries and Legend Internet Plc also posted 10% gains, closing at N7.70 and N6.82 respectively. Vitafoam rose by 9.93% to N44.85, while Cadbury gained 9.92% to close at N26.60 per share.

On the losing side, Dangote Cement experienced the steepest decline of 10%, closing at N432.00 per share. Other notable losers included Regency Alliance Insurance (down 8.06% to 57k), VFD Group (down 7.57% to N17.10), CHAMS (down 7.27% to N2.04), and Sovereign Trust Insurance (down 6.12% to 92k).

Trading volume increased significantly, with investors exchanging 428.08 million shares worth N20.174 billion across 14,284 transactions, compared to Thursday's 328.26 million shares valued at N10.370 billion in 12,142 deals.

Guaranty Trust Holding Company led the activity chart with 60.735 million shares valued at N3.807 billion. Fidelity Bank followed with 41.407 million shares worth N829 million, while Access Corporation, MTN, and Zenith Bank rounded out the top five most active stocks with transactions valued at N968.26 million, N8.240 billion, and N1.054 billion respectively.​​​​​​​​​​​​​​​​