SWOOT stocks shed N11.97 trillion as profit-taking, FX pressures trigger sell-off

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SWOOT stocks shed N11.97 trillion as profit-taking, FX pressures trigger sell-off

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Nigerian stock market capitalization of SWOOT companies fell by 11.97 trillion Naira in June 2026, driven by profit-taking and foreign exchange pressures resulting in a market sell-off. This decline affected the largest listed companies on the Nigerian Exchange.

NGX largest listed companies recorded a sharp decline in market capitalization in June 2026, with the combined value of stocks classified under the SWOOT category (Stocks Worth Over One Trillion Naira) falling by N11.97 trillion month-on-month. The post SWOOT stocks shed N11.97 trillion as profit-taking, FX pressures trigger sell-off appeared first on Nairametrics.

Markets Deals Nigerian Exchange SWOOT stocks market capitalization sell-off profit-taking currency pressures Nigeria

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