The Nigerian Exchange (NGX) closed trading for the week on a bullish note, with the benchmark All-Share Index (ASI) rising by 1% or 1,399.53 points to settle at 141,263.05 on Friday, August 1, 2025. This represents a weekly gain of 5.07%, a 4-week gain of 16.77%, and a robust year-to-date return of 37.25%.
Despite the upbeat performance of the ASI, market activity dipped slightly compared to the previous session. A total of 1.08 billion shares valued at N26.85 billion were traded in 34,488 deals, reflecting a 2% drop in volume, 19% decline in turnover, and an 8% fall in the number of deals from Thursday’s session.
The day’s trading saw 127 listed equities participate, resulting in 34 gainers and 35 losers, while others remained unchanged. UAC of Nigeria Plc led the gainers’ chart, appreciating by 9.96% to close at N88.30 per share, followed closely by BUA Cement (+9.63%), Veritas Kapital Assurance (+9.45%), and Beta Glass Company (+9.22%).
On the flip side, Dangote Sugar Refinery topped the losers’ chart with a 10% decline to close at N66.15 per share, alongside Oando Plc (-10%), Champion Breweries (-10%), and Cornerstone Insurance (-9.78%).
In terms of volume, FCMB Group dominated activity with 277 million shares exchanged, trailed by Fidelity Bank (85.6 million), Sterling Bank (58.4 million), and Universal Insurance Company (44.7 million).
Sectoral indices also reflected broad-based bullish sentiment. The NGX Industrial Index recorded the highest sectoral gain at +3.49% and an impressive 41.53% YTD growth, while the NGX Consumer Goods Index climbed 1.61% for the day and maintained a stellar 71.89% gain so far in 2025. Other notable performances included:
· NGX Top 30 Index: +0.97% (1WK: +5.13%, YTD: +36.03%)
· NGX Main Board Index: +1.21% (1WK: +2.8%, YTD: +33.08%)
· NGX Premium Index: +0.64% (1WK: +9.21%, YTD: +51.92%)
· NGX Banking Index: +0.52% (1WK: +3.49%, YTD: +49.27%)
The overall market capitalization of the Exchange now stands at N89.3 trillion, reinforcing investor confidence amid positive sentiment across major sectors.
