Nigerian Market Update (11 July 2025): Bulls Keep Charge as Market Rallies Further
Dear Investor,
The Nigerian equities market closed on a strong note again today, Friday, 11th July 2025, as the NGX All-Share Index (NGXASI) posted another gain of 1.37%, pushing the Year-to-Date (YTD) return to a remarkable 22.26%.
The benchmark index ended the day at 126,149.57 points, up from the previous close of 124,446.80 points.
Trading Highlights
• Trading Volume: Total shares traded surged by 9.89%, rising from 1.22 billion to 1.34 billion units.
• Market Turnover (Value): The total value of transactions climbed by 6.45%, increasing from ₦26.43 billion to ₦28.14 billion.
• Number of Deals: Transactions were executed in 31,272 deals, showing continued high market activity.
• Market Breadth: The market breadth stood at 2.28x, showing significant bullish dominance, with 66 stocks advancing versus 29 decliners.
• Volume Movement: Volume increased for 74 companies, while 68 companies experienced a decline in trading volume.
Best Performing Stocks Over the Last 5 Days
Several stocks posted impressive multi-day gains:
• FTN Cocoa Processors Plc (FTNCOCOA): Gained 46.20% in 5 days, closing at ₦6.82. The stock is now up nearly 299% YTD.
• C&I Leasing Plc (CILEASING): Also advanced by 46.17%, now trading at ₦7.98, with 112% YTD returns.
• Red Star Express Plc (REDSTAREX): Climbed 46.09% to ₦12.22.
• Omatek Ventures Plc (OMATEK): Rose 46.00%, trading at ₦1.33.
• Meyer Plc (MEYER): Increased by 45.65% in 5 days, closing at ₦21.35.
• Other strong gainers include Thomas Wyatt Nigeria Plc (THOMASWY), McNichols Plc (MCNICHOLS), Ellah Lakes (ELLAHLAKES), NGX Group (NGXGROUP), and Chams Plc (CHAMS) — all posting over 38% growth in 5 days.
Top Losers Over the Last 5 Days
A few stocks faced significant declines:
• VSPBONDETF: Fell by 26.80%, despite being flat on the day.
• Greenwich Asset ETF (GREENWETF): Dropped by 18.18%, including a 10% loss today, now at ₦200.00.
• Legend Internet Plc (LEGENDINT): Down 16.57%, closing at ₦7.21.
• eTranzact International (ETRANZACT): Lost 13.43% over the week.
• Stanbic ETF 30 (STANBICETF30): Declined 9.46%, while Guinea Insurance (GUINEAINS), Oando Plc (OANDO), International Breweries (INTBREW), Cornerstone Insurance (CORNERST), and Northern Nigeria Flour Mills (NNFM) also recorded negative movements over the week.
Daily Performance Highlights
Top 5 Gainers (11 July 2025):
1. NEWGOLD ETF: Closed at ₦57,500.00, up 11.20%.
2. NEM Insurance Plc (NEM): Rose 10.00% to ₦22.00.
3. Cadbury Nigeria Plc (CADBURY): Climbed to ₦60.50, adding 10.00%.
4. Consolidated Hallmark Insurance Plc (CONHALLPLC): Ended at ₦3.63, up 10.00%.
5. Guinness Nigeria Plc (GUINNESS): Gained 10.00%, closing at ₦96.80.
Top 5 Losers (11 July 2025):
1. GREENWETF: Declined 10.00%, ending at ₦180.00.
2. Learn Africa Plc (LEARNAFRCA): Dropped 8.66%, closing at ₦6.01.
3. Tantalizers Plc (TANTALIZER): Down 6.25%, to ₦3.00.
4. Prestige Assurance Plc (PRESTIGE): Fell 6.02%, now ₦1.25.
5. Regency Alliance Insurance Plc (REGALINS): Closed at ₦0.84, losing 5.62%.
Dear Investor,
The Nigerian equities market closed on a strong note again today, Friday, 11th July 2025, as the NGX All-Share Index (NGXASI) posted another gain of 1.37%, pushing the Year-to-Date (YTD) return to a remarkable 22.26%.
The benchmark index ended the day at 126,149.57 points, up from the previous close of 124,446.80 points.
Trading Highlights
• Trading Volume: Total shares traded surged by 9.89%, rising from 1.22 billion to 1.34 billion units.
• Market Turnover (Value): The total value of transactions climbed by 6.45%, increasing from ₦26.43 billion to ₦28.14 billion.
• Number of Deals: Transactions were executed in 31,272 deals, showing continued high market activity.
• Market Breadth: The market breadth stood at 2.28x, showing significant bullish dominance, with 66 stocks advancing versus 29 decliners.
• Volume Movement: Volume increased for 74 companies, while 68 companies experienced a decline in trading volume.
Best Performing Stocks Over the Last 5 Days
Several stocks posted impressive multi-day gains:
• FTN Cocoa Processors Plc (FTNCOCOA): Gained 46.20% in 5 days, closing at ₦6.82. The stock is now up nearly 299% YTD.
• C&I Leasing Plc (CILEASING): Also advanced by 46.17%, now trading at ₦7.98, with 112% YTD returns.
• Red Star Express Plc (REDSTAREX): Climbed 46.09% to ₦12.22.
• Omatek Ventures Plc (OMATEK): Rose 46.00%, trading at ₦1.33.
• Meyer Plc (MEYER): Increased by 45.65% in 5 days, closing at ₦21.35.
• Other strong gainers include Thomas Wyatt Nigeria Plc (THOMASWY), McNichols Plc (MCNICHOLS), Ellah Lakes (ELLAHLAKES), NGX Group (NGXGROUP), and Chams Plc (CHAMS) — all posting over 38% growth in 5 days.
Top Losers Over the Last 5 Days
A few stocks faced significant declines:
• VSPBONDETF: Fell by 26.80%, despite being flat on the day.
• Greenwich Asset ETF (GREENWETF): Dropped by 18.18%, including a 10% loss today, now at ₦200.00.
• Legend Internet Plc (LEGENDINT): Down 16.57%, closing at ₦7.21.
• eTranzact International (ETRANZACT): Lost 13.43% over the week.
• Stanbic ETF 30 (STANBICETF30): Declined 9.46%, while Guinea Insurance (GUINEAINS), Oando Plc (OANDO), International Breweries (INTBREW), Cornerstone Insurance (CORNERST), and Northern Nigeria Flour Mills (NNFM) also recorded negative movements over the week.
Daily Performance Highlights
Top 5 Gainers (11 July 2025):
1. NEWGOLD ETF: Closed at ₦57,500.00, up 11.20%.
2. NEM Insurance Plc (NEM): Rose 10.00% to ₦22.00.
3. Cadbury Nigeria Plc (CADBURY): Climbed to ₦60.50, adding 10.00%.
4. Consolidated Hallmark Insurance Plc (CONHALLPLC): Ended at ₦3.63, up 10.00%.
5. Guinness Nigeria Plc (GUINNESS): Gained 10.00%, closing at ₦96.80.
Top 5 Losers (11 July 2025):
1. GREENWETF: Declined 10.00%, ending at ₦180.00.
2. Learn Africa Plc (LEARNAFRCA): Dropped 8.66%, closing at ₦6.01.
3. Tantalizers Plc (TANTALIZER): Down 6.25%, to ₦3.00.
4. Prestige Assurance Plc (PRESTIGE): Fell 6.02%, now ₦1.25.
5. Regency Alliance Insurance Plc (REGALINS): Closed at ₦0.84, losing 5.62%.