Market Performance Overview – August 6, 2025
The Nigerian equities market closed on a positive note once again today. The NGX All-Share Index (NGXASI) gained 0.70%, settling at 145,813.86 points, up from the previous close of 144,796.37 points.
This positive movement pushes the Year-to-Date (YTD) return to 41.32%, a strong signal of investor confidence and bullish sentiment in the market.
Market Activity Highlights
• Volume traded jumped significantly by 69.06%, rising from 964.02 million shares to 1.63 billion shares.
• Market turnover (i.e., the total value of shares traded) increased by 34.87%, moving from ₦20.77 billion to ₦28.01 billion.
• These trades were executed across 32,452 deals.
Market Breadth
Investor sentiment remained upbeat, with 55 stocks advancing, compared to 32 decliners, indicating a market breadth of 1.72x. Volume was up for 75 companies and down for 64.
Top Gainers Over the Last 5 Trading Days
A number of insurance and financial stocks led the rally over the past week, with Massive double-digit growth seen across board:
• Mutual Benefits Assurance (MBENEFIT) surged by 32.97%, hitting ₦2.20.
• LASACO Assurance climbed by 32.69%, closing at ₦3.14.
• Royal Exchange (ROYALEX) was up 32.67%, now trading at ₦1.81.
• AIICO Insurance rose 32.42% to close at ₦2.64.
• Sovereign Trust Insurance (SOVRENINS) added 32.16%, reaching ₦2.06.
• Others in this impressive run include Veritas Kapital, WAPIC, Consolidated Hallmark, Cornerstone Insurance, and Greenwich Asset ETF (GREENWETF) — the last of which rallied strongly despite recent volatility.
Top Losers Over the Last 5 Trading Days
A few counters saw notable declines:
• VETIVA S&P Nigeria Sovereign Bond ETF (VSPBONDETF) plummeted by 34.38%, largely due to a single-day drop of -53.33%.
• LivingTrust Mortgage Bank dropped 18.82%, now at ₦5.94.
• Academy Press (ACADEMY) lost 18.18%, trading at ₦8.95.
• UPDC REIT, RT Briscoe, NGX Group, and PZ Cussons were also among the key laggards during this period, reflecting investor repositioning and potential profit-taking.
Top Gainers of the Day (August 6)
• Greenwich Asset ETF (GREENWETF) led the pack, closing at ₦385.00 with a gain of 10.00%.
• Haldane McCall (HMCALL), Jaiz Bank, Learn Africa, and AXA Mansard all hit the daily maximum gain of 10%, with strong investor interest driving their prices up.
Top Losers of the Day (August 6)
• VETIVA S&P Nigeria Sovereign Bond ETF (VSPBONDETF) was the worst hit, crashing by 53.33% to close at ₦210.00.
• Nigerian Exchange Group (NGXGROUP) dropped by 10.00%, ending at ₦63.00.
• UACN, UHOM REIT, and LivingTrust also suffered sharp 10% losses.
The Nigerian equities market closed on a positive note once again today. The NGX All-Share Index (NGXASI) gained 0.70%, settling at 145,813.86 points, up from the previous close of 144,796.37 points.
This positive movement pushes the Year-to-Date (YTD) return to 41.32%, a strong signal of investor confidence and bullish sentiment in the market.
Market Activity Highlights
• Volume traded jumped significantly by 69.06%, rising from 964.02 million shares to 1.63 billion shares.
• Market turnover (i.e., the total value of shares traded) increased by 34.87%, moving from ₦20.77 billion to ₦28.01 billion.
• These trades were executed across 32,452 deals.
Market Breadth
Investor sentiment remained upbeat, with 55 stocks advancing, compared to 32 decliners, indicating a market breadth of 1.72x. Volume was up for 75 companies and down for 64.
Top Gainers Over the Last 5 Trading Days
A number of insurance and financial stocks led the rally over the past week, with Massive double-digit growth seen across board:
• Mutual Benefits Assurance (MBENEFIT) surged by 32.97%, hitting ₦2.20.
• LASACO Assurance climbed by 32.69%, closing at ₦3.14.
• Royal Exchange (ROYALEX) was up 32.67%, now trading at ₦1.81.
• AIICO Insurance rose 32.42% to close at ₦2.64.
• Sovereign Trust Insurance (SOVRENINS) added 32.16%, reaching ₦2.06.
• Others in this impressive run include Veritas Kapital, WAPIC, Consolidated Hallmark, Cornerstone Insurance, and Greenwich Asset ETF (GREENWETF) — the last of which rallied strongly despite recent volatility.
Top Losers Over the Last 5 Trading Days
A few counters saw notable declines:
• VETIVA S&P Nigeria Sovereign Bond ETF (VSPBONDETF) plummeted by 34.38%, largely due to a single-day drop of -53.33%.
• LivingTrust Mortgage Bank dropped 18.82%, now at ₦5.94.
• Academy Press (ACADEMY) lost 18.18%, trading at ₦8.95.
• UPDC REIT, RT Briscoe, NGX Group, and PZ Cussons were also among the key laggards during this period, reflecting investor repositioning and potential profit-taking.
Top Gainers of the Day (August 6)
• Greenwich Asset ETF (GREENWETF) led the pack, closing at ₦385.00 with a gain of 10.00%.
• Haldane McCall (HMCALL), Jaiz Bank, Learn Africa, and AXA Mansard all hit the daily maximum gain of 10%, with strong investor interest driving their prices up.
Top Losers of the Day (August 6)
• VETIVA S&P Nigeria Sovereign Bond ETF (VSPBONDETF) was the worst hit, crashing by 53.33% to close at ₦210.00.
• Nigerian Exchange Group (NGXGROUP) dropped by 10.00%, ending at ₦63.00.
• UACN, UHOM REIT, and LivingTrust also suffered sharp 10% losses.