MARKET RECAP – July 22, 2025
The Nigerian stock market closed positively for the day, as the NGX All-Share Index (NGXASI) rose by 0.47%, ending at 132,451.73 points, up from the previous day’s close of 131,826.77 points.
Year-to-Date (YTD) gains now stand impressively at +28.37%, signaling a strong run for the Nigerian equities market so far in 2025.
Market activity also picked up:
• Volume traded surged by 16.28%, moving from 604.91 million shares to 703.41 million shares.
• Market turnover (total value of shares traded) increased by 27.5%, rising from ₦19.43 billion to ₦24.77 billion, recorded across 29,614 deals.
Market Breadth was slightly positive at 1.05x, indicating:
• 39 stocks gained,
• 37 stocks declined.
Meanwhile, volumes were up for 69 companies, while 73 companies saw reduced volume.
TOP GAINERS OVER THE LAST 5 TRADING DAYS
Here are some of the biggest winners in the last five trading sessions:
✅ VSPBONDETF – Despite falling today, this ETF had earlier jumped by 76.92% over the past 5 days
✅ TIP (The Initiates Plc) – +21.30% in 5 days and a 9.97% gain today
✅ NCR – +21.00% over the last 5 days
✅ BUA Cement – Strong industrial performer, up 20.32% in 5 days
✅ Caverton – Rose 19.05% in 5 days despite a slight decline today
✅ CUTIX, VETGOODS, MERGROWTH, LIVESTOCK, and JBERGER also posted notable 5-day returns.
TOP LOSERS OVER THE LAST 5 TRADING DAYS
On the other side, some stocks have struggled recently:
MEYER – Dropped by 18.81% in 5 days, including a -9.79% loss today
THOMASWY – Down 18.62% in 5 days
UNIONDICON, ABCTRANS, and REDSTAREX also saw double-digit declines
OMATEK and LEGENDINT both fell sharply
DAARCOMM and DEAPCAP closed the list of underperformers
TODAY’S TOP GAINERS (22 July 2025)
These stocks stood out in today’s trading session:
Dangote Sugar (DANGSUGAR) – Topped the charts with a 10.00% gain to close at ₦56.10
The Initiates Plc (TIP) – Gained 9.97%, closing at ₦12.13
Vetiva Consumer ETF (VETGOODS) – Up 9.90%, now at ₦32.75
Sovereign Trust Insurance (SOVRENINS) – Rose by 9.84%
Enamelware Plc (ENAMELWA) – Climbed 9.83%
TODAY’S TOP LOSERS
Some stocks, however, had a tough day:
❌ VSPBONDETF – Fell sharply by -17.86%, closing at ₦575.00
❌ Ellah Lakes (ELLAHLAKES) – Dropped 10.00% to ₦9.90
❌ Legend Interiors (LEGENDINT) – Lost another 10.00%
❌ FTN Cocoa – Down 9.91%
❌ Meyer Plc (MEYER) – Declined by 9.79%
Investor Takeaway
The market continues to reward select stocks, especially those in consumer goods, infrastructure, and insurance. Keep an eye on volume movements and price trends — they often signal where smart money is headed
Lesson of the day:
Sometimes, the quietest stocks are the busiest behind the scenes. Watch volume, follow fundamentals, and ride the right momentum.
The Nigerian stock market closed positively for the day, as the NGX All-Share Index (NGXASI) rose by 0.47%, ending at 132,451.73 points, up from the previous day’s close of 131,826.77 points.
Year-to-Date (YTD) gains now stand impressively at +28.37%, signaling a strong run for the Nigerian equities market so far in 2025.
Market activity also picked up:
• Volume traded surged by 16.28%, moving from 604.91 million shares to 703.41 million shares.
• Market turnover (total value of shares traded) increased by 27.5%, rising from ₦19.43 billion to ₦24.77 billion, recorded across 29,614 deals.
Market Breadth was slightly positive at 1.05x, indicating:
• 39 stocks gained,
• 37 stocks declined.
Meanwhile, volumes were up for 69 companies, while 73 companies saw reduced volume.
TOP GAINERS OVER THE LAST 5 TRADING DAYS
Here are some of the biggest winners in the last five trading sessions:
✅ VSPBONDETF – Despite falling today, this ETF had earlier jumped by 76.92% over the past 5 days
✅ TIP (The Initiates Plc) – +21.30% in 5 days and a 9.97% gain today
✅ NCR – +21.00% over the last 5 days
✅ BUA Cement – Strong industrial performer, up 20.32% in 5 days
✅ Caverton – Rose 19.05% in 5 days despite a slight decline today
✅ CUTIX, VETGOODS, MERGROWTH, LIVESTOCK, and JBERGER also posted notable 5-day returns.
TOP LOSERS OVER THE LAST 5 TRADING DAYS
On the other side, some stocks have struggled recently:
MEYER – Dropped by 18.81% in 5 days, including a -9.79% loss today
THOMASWY – Down 18.62% in 5 days
UNIONDICON, ABCTRANS, and REDSTAREX also saw double-digit declines
OMATEK and LEGENDINT both fell sharply
DAARCOMM and DEAPCAP closed the list of underperformers
TODAY’S TOP GAINERS (22 July 2025)
These stocks stood out in today’s trading session:
Dangote Sugar (DANGSUGAR) – Topped the charts with a 10.00% gain to close at ₦56.10
The Initiates Plc (TIP) – Gained 9.97%, closing at ₦12.13
Vetiva Consumer ETF (VETGOODS) – Up 9.90%, now at ₦32.75
Sovereign Trust Insurance (SOVRENINS) – Rose by 9.84%
Enamelware Plc (ENAMELWA) – Climbed 9.83%
TODAY’S TOP LOSERS
Some stocks, however, had a tough day:
❌ VSPBONDETF – Fell sharply by -17.86%, closing at ₦575.00
❌ Ellah Lakes (ELLAHLAKES) – Dropped 10.00% to ₦9.90
❌ Legend Interiors (LEGENDINT) – Lost another 10.00%
❌ FTN Cocoa – Down 9.91%
❌ Meyer Plc (MEYER) – Declined by 9.79%
Investor Takeaway
The market continues to reward select stocks, especially those in consumer goods, infrastructure, and insurance. Keep an eye on volume movements and price trends — they often signal where smart money is headed
Lesson of the day:
Sometimes, the quietest stocks are the busiest behind the scenes. Watch volume, follow fundamentals, and ride the right momentum.