The Nigerian Exchange (NGX) All-Share Index fell 0.56% on Friday, August 8, 2025, closing at 145,756.50 points and halting an unprecedented 22-day winning streak.
Market capitalization dropped by ₦500 billion to ₦92.2 trillion, reflecting broad-based profit-taking across key sectors.
Year-to-date, the NGX remains firmly in positive territory with a +41.61% gain, but today’s retreat signals a cooling in bullish momentum.
Despite the index decline, trading activity surged, with 2.2 billion shares changing hands in 35,036 deals, up from 1.98 billion shares the previous day.
Top Gainers and Losers
Champion Breweries, Union Dicon, and Universal Insurance hit the maximum daily gain of 10%, closing at ₦14.41, ₦9.90, and ₦1.10 respectively. Guinness and Mansard also advanced 9.99% each.
On the losing side, Abbey Mortgage Bank led with a 9.87% drop to ₦6.30, followed by Custodian Investment (-8.48%), DEAP Capital (-7.53%), TIP (-7.34%), and NPF Microfinance Bank (-7.25%).
Volume and Value Leaders
LINKASSURE dominated trade volumes with 585.5 million shares, while UNIVINSURE and AIICO followed with 213.1 million and 178.5 million shares.
Dangote Cement topped value turnover at ₦7.2 billion, ahead of Zenith Bank (₦2.1 billion) and MTN Nigeria (₦1.9 billion).
SWOOT & FUGAZ Performance
Among SWOOTs (Stocks Worth Over One Trillion Naira), MTNN fell 4.17%, BUA Cement lost 3.66%, and International Breweries dipped 0.74%.
In the FUGAZ banking group, First Bank Holdings gained 1.70%,%, Accesscorp rose 0.73%, UBA edged up 0.31%, and GTCO climbed up by 0.05%, while Zenith Bank slipped 0.07%, the only decliner in the group.
Market Outlook
Given the NGX’s strong year-to-date performance and the fact it’s still holding well above the 145,000 mark, this dip looks more like a short-term breather than the start of a prolonged downturn.
However, if profit-taking intensifies and heavyweight stocks keep sliding, the index could test the 144,000 support zone before any rebound.
