NGX Opens Week Cautiously as ASI Inches Up 0.18%, Despite Declining Activity

The Nigerian Exchange Limited (NGX) began the trading week on a cautious note as the All-Share Index (ASI) gained 241.11 points, or 0.18%, to close at 131,826.77 on Monday, July 21, 2025. The modest uptick reflected mixed investor sentiment across major sectors.

Despite the mild gain, the market continues to sustain a positive trajectory:

• One-week gain: 4.5%

• Four-week gain: 11.59%

• Year-to-date return: 28.08%

Market capitalisation stood at ₦83.4 trillion at the close of trading.

Trading Activity Weakens

Market activity showed signs of slowdown compared to the previous session:

• Volume traded: 706.04 million shares (↓68%)

• Value traded: ₦21.56 billion (↓46%)

• Number of deals: 30,750 (↑8%)

Market Breadth: Negative Sentiment Prevails

The market breadth was negative, with 31 gainers and 45 losers.

Top Gainers

• Nigeria Computer Society Plc: +10% to close at ₦7.26

• Cutix Plc: +10%

• International Energy Insurance Plc: +10%

• The Initiates Plc: +9.97%

• Caverton Offshore Support Group Plc: +9.75%

• R.T. Briscoe Nigeria Plc: +9.71%

Top Losers

• Meyer Plc: -10% to close at ₦18.90

• McNichols Plc: -9.95%

• Thomas Wyatt Nigeria Plc: -9.84%

• Deap Capital Management & Trust Plc: -9.77%

• Sovereign Trust Insurance Plc: -9.63%

• Chemical and Allied Products Plc: -9.46%

Most Active Stocks by Volume

• Access Holdings Plc: 61.73 million shares in 1,686 deals (₦1.64bn)

• Consolidated Hallmark Holdings Plc: 43.98 million shares (₦133.78m)

• Chams Holding Company Plc: 38.66 million shares (₦118.43m)

• United Bank for Africa Plc: 32.89 million shares

• Zenith Bank Plc: 24.60 million shares

Top Stocks by Value

• Presco Plc: ₦3.11bn from 2.34 million shares

• GTCO Plc: ₦2.06bn from 21.86 million shares

• Zenith Bank Plc: ₦1.73bn

• Access Holdings Plc: ₦1.64bn

• Lafarge Africa Plc: ₦1.56bn

Sectoral Performance: Mixed Sentiment

• Industrial Goods Index: +1.5%

• Main Board Index: +0.58%

• Consumer Goods Index: +0.06%

• Pension Index: Flat

• Oil and Gas Index: -0.1%

Despite the subdued trading activity, the market’s broader upward trend reflects underlying investor optimism, though volatility persists across specific sectors. The coming days will test whether momentum can be sustained amid shifting macroeconomic and sectoral dynamics.