NGX Roundup: The positive momentum of the equity market remains because investors get N3.4Tr

The Nigerian equity market experienced bullish momentum, sweeping N3.4 trillion large profits in four days.

The market was obtained in the four trading sessions this week as stated by the Federal Government on Tuesday, July 15, 2025, as a public holiday to respect the late former President of the Republic of Federal Nigeria, Muhammadu Buhari.

Market capitalization increased to N83,241 trillion from N79,803 trillion recorded in the previous week.

Likewise, the All-Share Index (ASI) appreciated 4.31% to close the week with 131,585.66 points from 126,149.59 points recorded the previous week.

Nigeria’s equity market began Sunday on Monday, July 14, 2025, with a bullish record when investors received N340.58 billion at the end of the trade session.

The market was closed on Tuesday, July 15, 2025, following a declaration of public holidays by the Federal Government.

The positive trend continued on Wednesday, July 16, 2025, because investors obtained N1.44 trillion at the end of the trade session.

The market was closed with a positive record also on Thursday, July 17, 2025, when investors obtained N832.99 billion.

The Equity Market closed the week on Friday, July 18, 2025, with N823.50BN profit for investors.

Meanwhile, a total turnover of 17,498 billion shares worth N500,762 billion in 142,082 agreements traded this week by investors on the stock exchange floor, in contrast to a total of 5.390 billion shares worth N107,811 billion who exchanged hands last week at 134,390 transactions.

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The Financial Services Industry (measured by volume) leads the activity chart with 15,771 billion shares worth N437,763 billion traded in 66,725 offers; Thus contributed 90.13% and 87.42% for the total volume and value of each equity turnover.

The ICT industry was followed by 325,134 million shares worth N3,492 billion in 9,028 agreements.

In the third place is the consumer goods industry, with a turnover of 313,424 million shares worth N20,162 billion in 14,917 offers.

Trading in the top three equity, namely the first Holdco PLC, FCMB Group PLC and Fidelity Bank PLC (measured by volume), contributed 13,229 billion shares worth N367,498 billion in 10,083 transactions, contributing 75.60% and 73.39% total volume of total Turnover, Turnover value, respectively.

Forty nine (49) equity is valued in prices for a week, lower than ninety (90) equity in the previous week. Fifty four (54) equity depreciated in price, higher than sixteen (16) in the previous week, while forty four (44) equity remained unchanged, higher than forty one (41) recorded in the previous week.

Eunisell Interlinked PLC recorded the biggest increase in stock prices in the percentage, obtained 32.59% followed by Bua Cement PLC which increased its stock price by 31.28% in the process.

Associated Bus Company PLC also increases its share price by 28.41%.

On the other hand, the PLC Academy Press recorded the decline in the largest stock price based on the percentage, spilling 24.32% followed by RT Briscoe PLC, which dropped 22.73% of its share price.

Cutix PLC also dropped 19.57% of its share price.