Market Ends H1 with a Slight Dip Amid Massive Trading Surge- Monday, June 30, 2025
The Nigerian equities market closed the first half of the year on a muted note, as the NGX All-Share Index (NGXASI) recorded a marginal decline of 0.01%, settling at 119,978.57 points, slightly down from the previous close of 119,995.76.
Despite the dip in index points, trading activity witnessed an impressive surge in both volume and value. A total of 1.38 billion shares exchanged hands — up by 129.5% compared to the previous session’s 601.83 million shares. Meanwhile, the market turnover skyrocketed by 269.6%, climbing from ₦11.44 billion to ₦42.29 billion across 23,142 deals.
Market Breadth & Trading Sentiment
Market sentiment was almost evenly matched, with 35 stocks gaining and 34 stocks declining, resulting in a market breadth of 1.03x. Meanwhile, trading volume increased for 74 companies, while 66 companies saw a decline in volume, reflecting a diverse and actively repositioning investor landscape.
Top Performers Over the Last 5 Trading Days
• NEIMETH surged by 32.99% over the past five days, closing at ₦5.94. Year-to-date, it has gained 160.16%.
• CAP Plc rose by 18.90%, closing at ₦47.10, with a year-to-date return of 34.08%.
• UACN advanced by 18.21%, now trading at ₦38.05.
• MECURE, CAVERTON, and TIP also made significant strides, with CAVERTON up by 14.80% in five days and a year-to-date gain of 125.10%.
• UNILEVER maintained solid upward momentum, with a 10% gain over five days, closing at ₦51.70 and up 43.61% YTD.
Top Decliners Over the Last 5 Days
• OANDO led the laggards, falling by 20.07% to close at ₦56.50, and is now down 16.49% YTD.
• LEGENDINT declined by 19.89%, and THOMASWY by 18.26%.
• Other notable losers include LASACO, CILEASING, UPDC, and JULIUS BERGER, which closed at ₦124.40 — down 9.97% in five days and 27.86% YTD.
• GREENWETF experienced steep losses, down 48.28% year-to-date.
Daily Spotlight: Top Movers (June 30)
Top Gainers of the Day:
• Computer Warehouse Group (CWG) led the gainers’ chart, rising by 10.00% to close at ₦12.65.
• CAVERTON followed closely with a 9.96% gain to finish at ₦5.74.
• NEIMETH, FTNCOCOA, and MEYER also posted strong intraday performances, each gaining over 9%.
Top Losers of the Day:
• Learn Africa (LEARNAFRCA) and Julius Berger (JBERGER) topped the losers’ chart, declining by 10.00% and 9.97%, respectively.
• Other notable declines came from CILEASING, THOMASWY, and DAARCOMM, which lost 8.20% to close at ₦0.56.
Final Note:
Despite ending the day slightly in the red, the broader outlook for the NGX remains resilient, with year-to-date returns still standing at an impressive +16.28%. Investors appear to be positioning for the Q2 earnings season, as market activity intensifies and sector rotation becomes more strategic.
The Nigerian equities market closed the first half of the year on a muted note, as the NGX All-Share Index (NGXASI) recorded a marginal decline of 0.01%, settling at 119,978.57 points, slightly down from the previous close of 119,995.76.
Despite the dip in index points, trading activity witnessed an impressive surge in both volume and value. A total of 1.38 billion shares exchanged hands — up by 129.5% compared to the previous session’s 601.83 million shares. Meanwhile, the market turnover skyrocketed by 269.6%, climbing from ₦11.44 billion to ₦42.29 billion across 23,142 deals.
Market Breadth & Trading Sentiment
Market sentiment was almost evenly matched, with 35 stocks gaining and 34 stocks declining, resulting in a market breadth of 1.03x. Meanwhile, trading volume increased for 74 companies, while 66 companies saw a decline in volume, reflecting a diverse and actively repositioning investor landscape.
Top Performers Over the Last 5 Trading Days
• NEIMETH surged by 32.99% over the past five days, closing at ₦5.94. Year-to-date, it has gained 160.16%.
• CAP Plc rose by 18.90%, closing at ₦47.10, with a year-to-date return of 34.08%.
• UACN advanced by 18.21%, now trading at ₦38.05.
• MECURE, CAVERTON, and TIP also made significant strides, with CAVERTON up by 14.80% in five days and a year-to-date gain of 125.10%.
• UNILEVER maintained solid upward momentum, with a 10% gain over five days, closing at ₦51.70 and up 43.61% YTD.
Top Decliners Over the Last 5 Days
• OANDO led the laggards, falling by 20.07% to close at ₦56.50, and is now down 16.49% YTD.
• LEGENDINT declined by 19.89%, and THOMASWY by 18.26%.
• Other notable losers include LASACO, CILEASING, UPDC, and JULIUS BERGER, which closed at ₦124.40 — down 9.97% in five days and 27.86% YTD.
• GREENWETF experienced steep losses, down 48.28% year-to-date.
Daily Spotlight: Top Movers (June 30)
Top Gainers of the Day:
• Computer Warehouse Group (CWG) led the gainers’ chart, rising by 10.00% to close at ₦12.65.
• CAVERTON followed closely with a 9.96% gain to finish at ₦5.74.
• NEIMETH, FTNCOCOA, and MEYER also posted strong intraday performances, each gaining over 9%.
Top Losers of the Day:
• Learn Africa (LEARNAFRCA) and Julius Berger (JBERGER) topped the losers’ chart, declining by 10.00% and 9.97%, respectively.
• Other notable declines came from CILEASING, THOMASWY, and DAARCOMM, which lost 8.20% to close at ₦0.56.
Final Note:
Despite ending the day slightly in the red, the broader outlook for the NGX remains resilient, with year-to-date returns still standing at an impressive +16.28%. Investors appear to be positioning for the Q2 earnings season, as market activity intensifies and sector rotation becomes more strategic.