MARKET SUMMARY – JULY 24, 2025
The Nigerian equities market enjoyed another positive trading day, as the NGX All-Share Index (NGXASI) rose by 0.48%. This means the overall market grew slightly, and investor sentiment leaned bullish.
• New ASI Level: 133,199.97 points (previous close was 132,557.43)
• Year-to-Date (YTD) Return: Now at an impressive +29.09%
Market Activity
• Volume Traded: 729.23 million shares (up by 16.52%)
• Market Turnover: ₦20.97 billion (up by 40.22%)
• Number of Deals: 21,030 transactions
✅ Market Breadth: 47 stocks gained while 39 declined, giving us a positive breadth ratio of 1.21x
Volume Watch: Trading volume increased for 73 companies and decreased for 69.
TOP GAINERS (Past 5 Trading Days)
These are the stocks that have performed strongly over the last week:
1. TIP (The Initiates Plc)
• Gained 33% in 5 days, closing at ₦13.34
• YTD gain is a whopping +486.8%
2. ACADEMY (Academy Press Plc)
• Rose 21% in 5 days, closing at ₦7.70
• YTD gain of +168.89%
3. ENAMELWA (Vitafoam Enamelware)
• Gained 20.64%, now trading at ₦24.55
4. CORNERST (Cornerstone Insurance)
• Up by 17.36%, closing at ₦4.50
5. SOVRENINS (Sovereign Trust Insurance)
• Gained 17.21%, now ₦1.30
6. DANGSUGAR (Dangote Sugar Refinery)
• Up 17.06%, now at ₦60.00
7. NAHCO (Nigerian Aviation Handling Company)
• Closed at ₦117.00, up 17.06%
8. NGXGROUP
• ₦74.75 per share, gained 15.65%
9. OANDO
• Rose by 14.80%, now at ₦52.20
10. GREENWETF
• Gained 10%, now ₦242.00, although still down YTD
TOP LOSERS (Past 5 Trading Days)
Here are stocks that took a hit recently:
1. VSPBONDETF (Vetiva Sovereign Bond ETF)
• Massive -57.14% drop to ₦525
• Lost -42.86% just in one day, now at ₦300
2. OMATEK
• Down -24.53%, now at ₦1.30
3. NSLTECH
• Lost -18.42%, closing at ₦1.03
4. THOMASWY
• Dropped -17.40%, now ₦3.06
5. ABCTRANS
• Fell by -16.55%, now ₦5.10 (and closed today at ₦4.59, down another -10%)
6. GUINEAINS
• ₦0.90, down -14.85%
7. CILEASING
• Now ₦7.00, down -12.71%
8. MEYER
• ₦17.05, fell by -12.70%
9. AUSTINLAZ
• ₦2.34, lost -10%
10. JOHNHOLT
• ₦9.00 previously, down to ₦8.10 (a -10% drop today)
TODAY’S TOP PERFORMERS
Gainers of the Day:
• ACADEMY – ₦8.47 (+10.00%)
• FTNCOCOA – ₦6.60 (+10.00%)
• SOVRENINS – ₦1.43 (+10.00%)
• RTBRISCOE – ₦3.75 (+9.97%)
• TIP – ₦14.67 (+9.97%)
Biggest Decliners Today:
• VSPBONDETF – ₦300 (-42.86%)
• ABCTRANS – ₦4.59 (-10.00%)
• JOHNHOLT – ₦8.10 (-10.00%)
• UNIONDICON – ₦9.00 (-10.00%)
• IMG – ₦38.25 (-9.89%)
Key Takeaway
The market is showing strong momentum with many stocks posting double-digit weekly gains. While some stocks like TIP, NGXGROUP, and DANGSUGAR continue to attract investor interest, there are a few others that suffered major losses like VSPBONDETF and ABCTRANS.
The Nigerian equities market enjoyed another positive trading day, as the NGX All-Share Index (NGXASI) rose by 0.48%. This means the overall market grew slightly, and investor sentiment leaned bullish.
• New ASI Level: 133,199.97 points (previous close was 132,557.43)
• Year-to-Date (YTD) Return: Now at an impressive +29.09%
Market Activity
• Volume Traded: 729.23 million shares (up by 16.52%)
• Market Turnover: ₦20.97 billion (up by 40.22%)
• Number of Deals: 21,030 transactions
✅ Market Breadth: 47 stocks gained while 39 declined, giving us a positive breadth ratio of 1.21x
Volume Watch: Trading volume increased for 73 companies and decreased for 69.
TOP GAINERS (Past 5 Trading Days)
These are the stocks that have performed strongly over the last week:
1. TIP (The Initiates Plc)
• Gained 33% in 5 days, closing at ₦13.34
• YTD gain is a whopping +486.8%
2. ACADEMY (Academy Press Plc)
• Rose 21% in 5 days, closing at ₦7.70
• YTD gain of +168.89%
3. ENAMELWA (Vitafoam Enamelware)
• Gained 20.64%, now trading at ₦24.55
4. CORNERST (Cornerstone Insurance)
• Up by 17.36%, closing at ₦4.50
5. SOVRENINS (Sovereign Trust Insurance)
• Gained 17.21%, now ₦1.30
6. DANGSUGAR (Dangote Sugar Refinery)
• Up 17.06%, now at ₦60.00
7. NAHCO (Nigerian Aviation Handling Company)
• Closed at ₦117.00, up 17.06%
8. NGXGROUP
• ₦74.75 per share, gained 15.65%
9. OANDO
• Rose by 14.80%, now at ₦52.20
10. GREENWETF
• Gained 10%, now ₦242.00, although still down YTD
TOP LOSERS (Past 5 Trading Days)
Here are stocks that took a hit recently:
1. VSPBONDETF (Vetiva Sovereign Bond ETF)
• Massive -57.14% drop to ₦525
• Lost -42.86% just in one day, now at ₦300
2. OMATEK
• Down -24.53%, now at ₦1.30
3. NSLTECH
• Lost -18.42%, closing at ₦1.03
4. THOMASWY
• Dropped -17.40%, now ₦3.06
5. ABCTRANS
• Fell by -16.55%, now ₦5.10 (and closed today at ₦4.59, down another -10%)
6. GUINEAINS
• ₦0.90, down -14.85%
7. CILEASING
• Now ₦7.00, down -12.71%
8. MEYER
• ₦17.05, fell by -12.70%
9. AUSTINLAZ
• ₦2.34, lost -10%
10. JOHNHOLT
• ₦9.00 previously, down to ₦8.10 (a -10% drop today)
TODAY’S TOP PERFORMERS
Gainers of the Day:
• ACADEMY – ₦8.47 (+10.00%)
• FTNCOCOA – ₦6.60 (+10.00%)
• SOVRENINS – ₦1.43 (+10.00%)
• RTBRISCOE – ₦3.75 (+9.97%)
• TIP – ₦14.67 (+9.97%)
Biggest Decliners Today:
• VSPBONDETF – ₦300 (-42.86%)
• ABCTRANS – ₦4.59 (-10.00%)
• JOHNHOLT – ₦8.10 (-10.00%)
• UNIONDICON – ₦9.00 (-10.00%)
• IMG – ₦38.25 (-9.89%)
Key Takeaway
The market is showing strong momentum with many stocks posting double-digit weekly gains. While some stocks like TIP, NGXGROUP, and DANGSUGAR continue to attract investor interest, there are a few others that suffered major losses like VSPBONDETF and ABCTRANS.