The Nigerian Exchange Limited (NGX) closed the week ended August 1, 2025 with a strong performance as the All-Share Index (ASI) appreciated by 5.07% to settle at 141,263.05 points.
Market capitalization also advanced by 5.08% to close the week at ₦89.373 trillion.
Market Turnover
A total of 4.847 billion shares worth ₦149.755 billion were exchanged in 174,267 deals, up from the 3.691 billion shares valued at ₦112.261 billion traded the previous week in 138,250 deals.
The Financial Services Industry led activity with 3.314 billion shares valued at ₦61.084 billion in 70,239 deals, representing 68.37% and 40.79% of the total equity turnover volume and value, respectively.
The Consumer Goods Industry followed with 326.455 million shares worth ₦19.777 billion in 23,764 deals, while the Services Industry recorded 279.737 million shares valued at ₦3.947 billion in 12,794 deals.
The top three equities—FCMB Group Plc, Fidelity Bank Plc, and Universal Insurance Plc—accounted for 1.245 billion shares worth ₦15.825 billion in 9,250 deals, contributing 25.69% and 10.57% to total equity turnover volume and value, respectively.
Index Performance
All major indices closed higher, except the NGX Insurance Index and NGX Oil and Gas Index, which declined by 1.22% and 0.48%, respectively. The NGX ASeM Index remained flat.
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NGX Premium Index gained 9.21% to 14,766.15.
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NGX Industrial Goods Index advanced 10.12% to 5,055.71.
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NGX Growth Index surged 12.26% to 11,067.79.
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NGX Banking Index rose 3.49% to 1,618.91.
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NGX Consumer Goods Index increased 2.72% to 2,976.61.
On a year-to-date basis, the ASI has gained 37.25%, with notable advances from the NGX Pension Index at 52.94% and NGX Premium Index at 51.92%.
Market Breadth
Market breadth closed negative with 54 equities appreciating, down from 60 recorded the previous week. Forty-nine equities declined compared to 43 the prior week, while 43 remained unchanged.
Top Price Gainers
UACN Plc led the week’s gainers, rising by 60.69% to ₦88.30 per share from ₦54.95. Mecure Industries Plc followed with a 41.52% increase to ₦15.85, while Custodian Investment Plc advanced 27.87% to ₦39.00. Other notable gainers included Veritas Kapital Assurance Plc, Tripple Gee and Company Plc, Multiverse Mining and Exploration Plc, Wema Bank Plc, MTN Nigeria Communications Plc, Royal Exchange Plc, and Lafarge Africa Plc.
Top Price Decliners
Abbey Mortgage Bank Plc topped the losers’ chart, dropping 34.13% to ₦5.27 per share from ₦8.00. FTN Cocoa Processors Plc shed 20.30% to ₦5.77, while Cornerstone Insurance Plc fell 15.99% to ₦4.15. Other key decliners included Nigerian Aviation Handling Company Plc, The Initiates Plc, Lasaco Assurance Plc, University Press Plc, Secure Electronic Technology Plc, Nigerian Exchange Group, and C & I Leasing Plc.
Corporate Action
Seplat Energy Plc listed an additional 11.5 million ordinary shares on August 1, 2025, arising from its Employee Share-Based Payment scheme. The listing increased Seplat’s total issued and fully paid-up shares from 588,444,561 to 599,944,561 ordinary shares.
Outlook
Analysts expect investor interest to remain strong, especially in industrial and premium board stocks, despite recent pressure on the insurance and oil and gas sectors.
The market’s year-to-date performance underscores resilience in blue-chip counters, with expectations of continued momentum into the new trading week.