NGX: Equity Market Maintains Bullish Runnings When Investors Get N404BN

The Nigerian equity market experienced bullish momentum on Thursday, July 3, 2025, because investors received N404 billion after five hours of trading in the capital market.

This follows the surge in stock prices such as Guinea Insurance (Guineeains), Deap Capital Management & Trust (Deapcap) and Berger Paints (Berger), among others, on the trading floor.

The Benchmark All-Share Index (ASI) increased to 120,977.20 points from 120,339.90 points recorded on the previous trading day.

After five hours of trading in the capital market, equity capitalization increased to N76,583 trillion from N76,179 trillion recorded by the exchange on Wednesday, July 2, 2025.

The extent of the positive market, with 53 advanced shares, 15 shares declined, and 80 shares remaining did not change in 24,207 agreements.

Guinea Insurance (Guineeains), Deap Capital Management & Trust (Deapcap) and Berger Paints (Berger) lead other winners with 10% growth respectively in prices closed at N0.99, N1.10 and N33.00 from N0.90, N1.00 and N30.00 per previous share.

Also Read: NGX: Investors Lost N11BN When the Equity Market Starts Red Week

Neimeth International Pharma (Neimeth), Legend Internet (Legendint) and Computer Warehouse Group (CWG) leads other prices with 8.49%, 7.98% and 4.50% decreased each in the stock price to be closed on N1.00, N7.00 and N44.50 from the previous N1.10, N7.40 and N47.00 per share.

In the volume index, Universal Insurance Company (Univinsure) led trade with 67 million shares in 169 agreements, followed by access holdings PLC (accesscorp), which was traded 62 million shares in 994 agreements.

Chams PLC (Chams) traded 57 million shares in 456 offers.

In the value index, the Petroleum Development Co. sept. (Seplat) emerged as the top stock traded, collecting N13.5 billion in 160 agreements, followed by Guaranty Trust Holdings PLC (GTCO), which trades equity worth N3.2 billion in 215 offers.

Nigerian Breweries PLC (NB), shares traded worth N1.8 billion in 215 agreements.

By: Babajide Okeowo