The Nigerian equities market began the new trading week on a positive trajectory, recording a significant ₦193 billion gain on Monday, July 8, 2025. The market’s benchmark All-Share Index (ASI) climbed by 0.31%, rising by 372.21 points to close at 121,361.87 from the previous day’s 120,989.66.
This bullish movement also pushed the total market capitalisation to ₦76.5 trillion, up from ₦76.3 trillion, reflecting growing investor confidence as the half-year earnings season approaches.
Market activity remained vibrant with 824.1 million shares traded, valued at ₦14.44 billion across 24,042 deals. While trading volume dropped by 11% and the number of deals declined by 6% compared to the previous session, turnover increased by a notable 31%, indicating a rise in high-value transactions.
Investor optimism was largely driven by renewed interest in large- and mid-cap stocks, particularly in the consumer goods, banking, and insurance sectors, which saw notable gains
The day’s rally was led by Cadbury Nigeria Plc, which appreciated by 10% to close at ₦53.35. Other top gainers included:
Ellah Lakes Plc – ₦8.91 (+10%)
UPDC REIT – ₦7.15 (+10%)
Tripple Gee & Co. Plc – ₦2.97 (+10%)
Red Star Express – ₦6.99 (+9.92%)
NGX Group – ₦22.78 (+9.91%)
On the flip side, Sunu Assurances led the list of decliners, dropping by 10% to close at ₦4.50. Other notable losers included:
RT Briscoe – ₦3.30 (-9.59%)
Prestige Assurance – ₦1.20 (-9.09%)
Most Traded Stocks
In terms of volume, Universal Insurance led the chart with 71.9 million shares traded, followed by:
FCMB – 61.4 million
Japaul Gold – 53.3 million
Access Holdings – 42 million
AIICO Insurance – 40.1 million
In terms of value, the top five were:
Nigerian Breweries – ₦2.39 billion
Zenith Bank – ₦1.42 billion
Nestlé Nigeria – ₦1.23 billion
GTCO – ₦1.02 billion
Access Holdings – ₦942.8 million
Sector Performance
Most sectoral indices closed positive:
NGX Banking Index rose by 0.94%
Consumer Goods gained 0.75%
Insurance Index added 0.39%
Pension Index advanced 0.38%
Premium Index increased 0.34%
NGX Top 30 Index edged up 0.17%
The market breadth ended on a strong note, with 53 gainers versus 24 losers out of 125 equities traded—a clear signal of positive investor sentiment.
Analysts expect this bullish momentum to continue, particularly as companies begin releasing their half-year financial results, which could further boost investor confidence and increase market liquidity.
From a broader perspective, the ASI has now delivered a week-on-week gain of 1.15%, a four-week return of 7.61%, and a year-to-date gain of 17.91%, reinforcing the Nigerian Exchange’s solid performance in 2025.