Nigerian Equities Market Update – August 20, 2025
The Nigerian stock market closed in the red once again as bearish sentiment continued to weigh on trading. The NGX All-Share Index (NGXASI) fell by -0.73%, closing at 141,566.28 points compared to the previous day’s 142,613.47 points.
Despite this decline, the market still maintains a strong Year-to-Date (YTD) return of +37.20%, showing that long-term investors remain in profit even with the recent dip.
Market Activity
• Trading volume declined by -29.27%, with 702.62 million units of shares traded compared to the previous day’s 993.37 million units.
• Market turnover (value of shares traded) also dropped by -26.47%, closing at ₦12.27 billion versus ₦16.69 billion the previous day.
• A total of 27,358 deals were executed across the Exchange.
Market Breadth
Market breadth (the ratio of gainers to losers) closed negative at 0.35x. This means that for every stock that gained, about three stocks declined.
• 20 stocks advanced
• 57 stocks declined
• 61 stocks traded with higher volumes, while 81 stocks recorded lower volumes compared to their recent averages.
Top Performing Stocks (Over the Last 5 Trading Days)
Some stocks have delivered remarkable gains despite the overall market weakness:
• Lotus Halal ETF (LOTUSHAL15): up by over 20% in 5 days, and a staggering 285% YTD.
• Enamelware Plc (ENAMELWA): gained 19% in 5 days, also up more than 102% since the start of the year.
• Daar Communications (DAARCOMM): advanced nearly 19% in 5 days, recording over 91% YTD growth.
• Champion Breweries (CHAMPION): rose by 16% in 5 days, up a massive 418% YTD.
• Multiverse Plc (MULTIVERSE): gained 13% in 5 days, bringing its YTD growth to 37.9%.
Others such as Caverton, Austin Laz, Abbey Mortgage Bank, NCR Nigeria, and Guinea Insurance also recorded impressive returns.
Worst Performing Stocks (Over the Last 5 Trading Days)
On the other hand, several stocks saw heavy declines:
• NEM Insurance: dropped nearly 20% in 5 days, though still up 117% YTD.
• Lasaco Assurance: fell by 18.5% in 5 days, down 2.65% YTD.
• Jaiz Bank: declined 17.5%, but still positive YTD at +27.8%.
• Stanbic IBTC Holdings: down 14.5%, though it remains up 63.7% YTD.
• Other notable losers included Vetgoods, Cutix Plc, Veritas Kapital, Royal Exchange, and NSL Tech.
Daily Top Gainers & Losers (August 20, 2025)
• Biggest Gainers Today:
• Austin Laz Plc (AUSTINLAZ): rose by 10% to close at ₦2.64.
• Champion Breweries (CHAMPION): gained 9.97% to close at ₦19.74.
• NCR Nigeria (NCR): advanced 9.77%, finishing at ₦9.55.
• Multiverse (MULTIVERSE): climbed 8.82% to ₦11.10.
• Enamelware Plc (ENAMELWA): appreciated 8.64% to close at ₦39.00.
• Biggest Losers Today:
• Guinness Nigeria (GUINNESS): fell sharply by -9.98%, closing at ₦140.20.
• Conoil Plc (CONOIL): also lost -9.98%, ending the day at ₦211.10.
• Consolidated Hallmark Plc (CONHALLPLC): dropped -9.94% to close at ₦4.35.
• Royal Exchange (ROYALEX): declined -9.92% to close at ₦2.27.
• Ellah Lakes (ELLAHLAKES): slipped -9.81% to ₦14.90.
⚖️ Investor Takeaway
• The market is currently experiencing short-term bearish sentiment as shown by the falling index and weak breadth.
• However, several stocks (like Champion Breweries, Multiverse, and Enamelware) continue to outperform massively on a YTD basis.
• The best strategy for investors remains a long-term view with careful stock selection, while traders should watch out for volatility opportunities in both gainers and losers.
The Nigerian stock market closed in the red once again as bearish sentiment continued to weigh on trading. The NGX All-Share Index (NGXASI) fell by -0.73%, closing at 141,566.28 points compared to the previous day’s 142,613.47 points.
Despite this decline, the market still maintains a strong Year-to-Date (YTD) return of +37.20%, showing that long-term investors remain in profit even with the recent dip.
Market Activity
• Trading volume declined by -29.27%, with 702.62 million units of shares traded compared to the previous day’s 993.37 million units.
• Market turnover (value of shares traded) also dropped by -26.47%, closing at ₦12.27 billion versus ₦16.69 billion the previous day.
• A total of 27,358 deals were executed across the Exchange.
Market Breadth
Market breadth (the ratio of gainers to losers) closed negative at 0.35x. This means that for every stock that gained, about three stocks declined.
• 20 stocks advanced
• 57 stocks declined
• 61 stocks traded with higher volumes, while 81 stocks recorded lower volumes compared to their recent averages.
Top Performing Stocks (Over the Last 5 Trading Days)
Some stocks have delivered remarkable gains despite the overall market weakness:
• Lotus Halal ETF (LOTUSHAL15): up by over 20% in 5 days, and a staggering 285% YTD.
• Enamelware Plc (ENAMELWA): gained 19% in 5 days, also up more than 102% since the start of the year.
• Daar Communications (DAARCOMM): advanced nearly 19% in 5 days, recording over 91% YTD growth.
• Champion Breweries (CHAMPION): rose by 16% in 5 days, up a massive 418% YTD.
• Multiverse Plc (MULTIVERSE): gained 13% in 5 days, bringing its YTD growth to 37.9%.
Others such as Caverton, Austin Laz, Abbey Mortgage Bank, NCR Nigeria, and Guinea Insurance also recorded impressive returns.
Worst Performing Stocks (Over the Last 5 Trading Days)
On the other hand, several stocks saw heavy declines:
• NEM Insurance: dropped nearly 20% in 5 days, though still up 117% YTD.
• Lasaco Assurance: fell by 18.5% in 5 days, down 2.65% YTD.
• Jaiz Bank: declined 17.5%, but still positive YTD at +27.8%.
• Stanbic IBTC Holdings: down 14.5%, though it remains up 63.7% YTD.
• Other notable losers included Vetgoods, Cutix Plc, Veritas Kapital, Royal Exchange, and NSL Tech.
Daily Top Gainers & Losers (August 20, 2025)
• Biggest Gainers Today:
• Austin Laz Plc (AUSTINLAZ): rose by 10% to close at ₦2.64.
• Champion Breweries (CHAMPION): gained 9.97% to close at ₦19.74.
• NCR Nigeria (NCR): advanced 9.77%, finishing at ₦9.55.
• Multiverse (MULTIVERSE): climbed 8.82% to ₦11.10.
• Enamelware Plc (ENAMELWA): appreciated 8.64% to close at ₦39.00.
• Biggest Losers Today:
• Guinness Nigeria (GUINNESS): fell sharply by -9.98%, closing at ₦140.20.
• Conoil Plc (CONOIL): also lost -9.98%, ending the day at ₦211.10.
• Consolidated Hallmark Plc (CONHALLPLC): dropped -9.94% to close at ₦4.35.
• Royal Exchange (ROYALEX): declined -9.92% to close at ₦2.27.
• Ellah Lakes (ELLAHLAKES): slipped -9.81% to ₦14.90.
⚖️ Investor Takeaway
• The market is currently experiencing short-term bearish sentiment as shown by the falling index and weak breadth.
• However, several stocks (like Champion Breweries, Multiverse, and Enamelware) continue to outperform massively on a YTD basis.
• The best strategy for investors remains a long-term view with careful stock selection, while traders should watch out for volatility opportunities in both gainers and losers.