The Nigerian Stock Exchange (Nigerian Exchange – NGX) closed the week on a positive note, with the All-Share index rising by 3.18% to 145,754.91 points, while the market capitalization reached $57.63 billion (92.215 trillion NGN).
According to data released by the NGX, investors traded 8.736 billion shares for a total value of $84.11 million (134.577 billion NGN) in 180,290 transactions during the past week. In comparison, the previous week had recorded 4.847 billion shares for $93.60 million (149.755 billion NGN) in 174,267 transactions, representing an 11.3% decrease in the value of exchanges on a weekly basis.
Most active sectors:
The financial services sector dominated the trades, accounting for 85.65% of the volume and 52.74% of the total value, with 7.483 billion shares traded for 44.36 million USD (70.980 billion NGN) in 77,227 transactions.
It is followed by:
– The agricultural sector: 201.906 million shares for 4.91 million USD (7.863 billion NGN) in 11,450 transactions.
– The services sector: 191.921 million shares for 1.55 million USD (2.484 billion NGN) in 10,595 transactions.
The top three most traded stocks – Linkage Assurance Plc, Consolidated Hallmark Holdings Plc, and Universal Insurance Plc – totaled 3.195 billion shares for 4.12 million USD (6.594 billion NGN), representing 36.57% of the volume and 4.90% of the total transaction value.
Index performances:
Most sectoral indices ended in the green, except for:
– NGX CG (-0.64%)
– NGX Banking (-0.75%)
– NGX Pension (-0.14%)
– NGX AFR Bank Value (-1.01%)
– NGX AFR Div. Yield (-0.66%)
– NGX MERI Value (-1.25%)
– NGX Growth (-7.91%)
– NGX Commodity (-2.33%)
Top gainers and losers:
During the week, 66 stocks advanced (compared to 54 the previous week), 41 declined (compared to 49), and 39 remained unchanged (compared to 43).
Top 5 gainers:
– Mutual Benefits Assurance: +60.44% (+0.69 USD / +1.10 N)
– AIICO Insurance: +59.82% (+0.82 USD / +1.31 N)
– Royal Exchange: +59.33% (+0.56 USD / +0.89 N)
– Sovereign Trust Insurance: +59.06% (+0.63 USD / +1.01 N)
– Cornerstone Insurance: +54.46% (+1.41 USD / +2.26 N)
Top 5 losers:
– Livingtrust Mortgage Bank: -0.99 USD (-1.59 N)
– Academy Press: -1.25 USD (-2 N)
– The Initiates Plc: -1.09 USD (-1.75 N)
– UPDC Real Estate Investment Trust: -0.69 USD (-1.10 N)
– Legend Internet Plc: -0.47 USD (-0.75 N)
New developments at the NGX:
The week also saw the listing on August 6, 2025, of the July 2025 issuance of Federal Government of Nigeria (FGN) Savings Bonds.
Furthermore, the NGX Non-Interest Finance Board was launched on August 4. This new multi-asset segment, compliant with Islamic finance principles, aims to enhance the visibility, accessibility, and transparency of interest-free financial instruments such as stocks, bonds, and ETFs as part of the NGX’s strategy to promote financial inclusion and diversify the Nigerian capital market.
