The Nigerian equities market sustained its bullish momentum, raking in N1.8 trillion profits in the just-ended trading week.
The market gained in all five trading sessions of the week.
The market capitalisation increased to N85.055 trillion from the N83.8241 trillion recorded the previous week.
Similarly, the All-Share Index (ASI) appreciated by 2.18% to close the week at 134,452.93 from the 131,585.66 points recorded the previous week.
The Nigerian equities market began the week on Monday, July 21, 2025, on a bullish note as investors gained N152.80bn at the end of the trading session.
The trend continued on Tuesday, July 22, 2025, as investors gained N395.35bn.
The positive trend was extended on Wednesday, July 23, 2025, as investors gained N66.87bn at the end of the trading session.
The market closed on a positive note as well on Thursday, July 24, 2025, as investors gained N406.49bn.
The equities market closed the week on Friday, July 25, 2025, with N792.59bn profit for investors.
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Meanwhile, a total turnover of 3.691 billion shares worth N112.261 billion in 138,250 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 17.498 billion shares valued at N500.762 billion that exchanged hands last week in 142,082 deals.
The Financial Services Industry (measured by volume) led the activity chart with 2.127 billion shares valued at N47.298 billion traded in 57,121 deals; thus contributing 57.62% and 42.13% to the total equity turnover volume and value respectively.
The Agriculture Industry followed with 273.694 million shares worth N12.872 billion in 11,284 deals.
In third place was the Oil and Gas Industry, with a turnover of 255.144 million shares worth N11.808 billion in 10,706 deals.
Trading in the top three equities, namely Access Holdings Plc, United Bank for Africa Plc and Japaul Gold & Ventures Plc (measured by volume), accounted for 745.391 million shares worth N19.457 billion in 15,720 deals, contributing 20.19% and 17.33% to the total equity turnover volume and value respectively.
Sixty (60) equities appreciated in price during the week, higher than forty-nine (49) equities in the previous week. Forty-three (43) equities depreciated in price, lower than fifty-four (54) in the previous week, while forty-four (44) equities remained unchanged, same as forty-four (44) recorded in the previous week.
The Initiates Plc recorded the biggest share price increase in percentage, gaining 60.82% followed by Academy Press Plc which increased its share price by 33.00% in the process.
Nigerian Enamelware Plc also increased its share price by 32.68%.
On the flip side, Secure Electronic Technology Plc recorded the biggest decline in share prices by percentage, shedding 23.97% followed by Omatek Ventures Plc, which shed 23.97% of its share prices.
Meyer Plc also knocked off 21.43% of its share price.
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