NGX Closes July in the Green, Records N12.62trn Gain
The Nigerian Exchange closed the month of July 2025 on a bullish note, recording a significant N12.62tn gain in market capitalisation. The All-Share Index appreciated by 0.42 per cent on the last trading day of the month to settle at an all-time high of 139,863.67 points, up from the previous close of 139,278.67 points.
This final session capped a 21-day consecutive rally and brought the month-to-date return to 17.03 per cent. Week-on-week, the ASI advanced by 3.97 per cent, while the year-to-date gain stood at 34.60 per cent.
At the close of trading on Thursday, July 31, a total of 1.1bn shares valued at N32.99bn were exchanged in 37,365 deals. Compared to the previous day’s session, the market recorded a 24 per cent increase in volume, a two per cent decline in turnover, and a three per cent increase in the number of deals.
A total of 127 listed equities participated in the day’s trading, with 28 gainers and 54 losers. UAC of Nigeria led the gainers with a 10 per cent increase in share price, closing at N80.30 per share.
It was followed by Wema Bank and Guinness Nigeria with gains of 10 per cent and 9.96 per cent, respectively. Skyway Aviation Handling Company and Mecure Industries also recorded notable increases of 9.95 per cent and 9.69 per cent, respectively.
On the losers’ side, The Initiates Plc declined by 10 per cent to close at N13.50. AXA Mansard Insurance, Learn Africa, and FTN Cocoa Processors also fell by 10 per cent each, while Ikeja Hotel and HMC Allied Devices recorded losses of 9.96 per cent and 9.94 per cent, respectively.
In terms of volume, FCMB Group led with 121.5m shares traded, followed by Universal Insurance with 91.5m shares, Fidelity Bank with 81.1m shares, and Regency Alliance Insurance with 64.5m shares. On the value chart, Lafarge Africa led with trades worth N3.53bn, followed by Dangote Cement with N2.85bn, MTN Nigeria with N2.83bn, and GTCO with N2.45bn. Fidelity Bank also featured trades valued at N1.7bn.
Performance across key indices was also positive. The Top 30 Index rose by 0.5 per cent, the Industrial Index advanced by 1.35 per cent, and the Premium Index gained 1.04 per cent. The Oil & Gas Index rose by 0.94 per cent, the Pension Index appreciated by 0.35 per cent, and the Banking Index inched up by 0.08 per cent.
As of the end of July, the market capitalisation stood at N88.4tn, reflecting sustained investor optimism and positioning across key sectors ahead of earnings season and macroeconomic reforms.
On Wednesday, the Nigerian Stock Exchange recorded a capital gain of N863bn, as market performance improved across key indices. The benchmark All-Share Index rose by 1,365.80 points, or 0.99 per cent, to close at 139,278.67 points. This represents a one-week gain of 5.07 per cent, a four-week gain of 16.32 per cent, and a year-to-date gain of 35.32 per cent.