The Nigerian Exchange Limited (NGX) began the week with a modest uptick, as the All-Share Index (ASI) rose by 241.11 points, or 0.18%, to close at 131,826.77 on Monday, July 21, 2025. Despite the slight gain, mixed investor sentiment prevailed across key sectors, reflecting cautious trading.
The market has maintained a positive trend, with a weekly gain of 4.5%, a four-week increase of 11.59%, and a year-to-date return of 28.08%. Market capitalization held steady at N83.4 trillion. However, trading activity slowed significantly, with 706.04 million shares valued at N21.56 billion exchanged in 30,750 deals—a 68% drop in volume and 46% decline in turnover compared to Friday’s session, though deal numbers rose by 8%.
Market breadth tilted negative, with 45 stocks declining against 31 gainers. Nigeria Computer Society topped the gainers, rising 10% to N7.26 per share, followed by Cutix Plc, International Energy Insurance Plc, and The Initiates Plc, each up 10%, 10%, and 9.97%, respectively. Caverton Offshore Support Group Plc and R.T. Briscoe Nigeria Plc gained 9.75% and 9.71%. On the losers’ side, Meyer Plc fell 10% to N18.90, with McNichols Plc, Thomas Wyatt Nigeria Plc, Deap Capital Management & Trust Plc, Sovereign Trust Insurance Plc, and Chemical and Allied Products Plc dropping 9.95%, 9.84%, 9.77%, 9.63%, and 9.46%, respectively.
Access Holdings Plc led trading volume with 61.73 million shares worth N1.64 billion across 1,686 deals, followed by Consolidated Hallmark Holdings Plc (43.98 million shares, N133.78 million) and Chams Holding Company Plc (38.66 million shares, N118.43 million). United Bank for Africa Plc and Zenith Bank Plc traded 32.89 million and 24.60 million shares, respectively. In value terms, Presco Plc topped the chart with N3.11 billion from 2.34 million shares, followed by Guaranty Trust Holding Company Plc (N2.06 billion), Zenith Bank Plc (N1.73 billion), Access Holdings Plc (N1.64 billion), and Lafarge Africa Plc (N1.56 billion).
The cautious market mood reflects investors’ mixed outlook as they navigate economic uncertainties, with analysts monitoring upcoming developments for signals on future market direction.
