The Nigerian stock market extended its bullish streak on July 22, 2025, with the NGX All-Share Index (ASI) climbing 0.47% to close at 132,451.73.
This upward movement adds to the year-to-date return of 28.69%, underscoring robust investor confidence.
Trading activity surged with 771.6 million shares exchanged across 32,734 deals, a notable increase from the previous session’s 706 million shares. Market capitalization also advanced to N83.7 trillion, up from N83.3 trillion.
Top Gainers and Losers
Dangote Sugar (DANGSUGAR) led the gainers with a 10.00% rise to N56.10, followed closely by TIP with a 9.97% jump to N12.13. Other strong performers included SOVRENINS (+9.84%), ENAMELWA (+9.83%), and UPL (+9.82%).
On the downside, ELLAH LAKES and LEGEND INTERNET both fell by 10%, followed by FTNCOCOA (-9.91%), MEYER (-9.79%), and THOMASWY (-9.73%). Despite its price drop, ELLAH LAKES remained highly traded, signaling persistent investor interest.
Volume and Value Leaders
ACCESSCORP topped the volume chart, moving 102.8 million shares, while ELLAH LAKES and UBA followed with 56.7 million and 48.2 million shares traded, respectively. Followed by GTCO and WAPCO with volumes of 32.7 million and 30.5 million shares.
In terms of value, LAFARGE led with N3.8 billion worth of trades, trailed by GTCO (N3.1 billion) and ACCESSCORP (N2.7 billion). UBA and ZENITHBANK also featured with N2.2 billion and N1.8 billion respectively.
SWOOT & Market Outlook
Among the SWOOTs (Stocks Worth Over One Trillion Naira), LAFARGE posted the highest gain at 8.62%, with BUACEMENT, INTERNATIONAL BREWERIES, and FIDELITY also advancing. ARADEL and NIGERIAN BREWERIES slipped by 4.03% and 1.62% respectively.
With the ASI holding above 132,000, analysts suggest the index may target the 135,000 mark if positive sentiment persists.
