Reported by Tahir Ishaq Shehu
The Nigerian Exchange Limited (NGX) wrapped up June 2025 on a bullish note, recording a remarkable gain of ₦5.32 trillion in market capitalisation. This milestone reflects growing investor confidence and sustained momentum in Nigeria’s stock market, despite a slight dip on the last trading day of the month.
On Monday, June 30, the All Share Index (ASI) dropped marginally by 17.19 points to close at 119,978.57, representing a 0.01% decline. However, the broader market performance remained solid, with a weekly gain of 1.18%, a four week gain of 7.22%, and a year to date return of 16.57%.
The overall market capitalisation surged to ₦76 trillion, boosted by increased trading activity. A total of 1.42 billion shares worth ₦43.30 billion were exchanged in 25,171 deals. Compared to the previous session, this marked a 127% rise in volume, 239% surge in value, and 15% increase in number of deals.
Market sentiment was slightly positive as 32 stocks appreciated while 31 declined. Computer Warehouse Group Plc led the gainers’ chart with a 10% increase to close at ₦12.65 per share. Other major gainers included Caverton Offshore, Neimeth Pharmaceuticals, FTN Cocoa Processors, Meyer Plc, and Wapic Insurance, all recording strong daily increases.
On the flip side, Learn Africa Plc topped the losers’ table with a 10% drop to ₦4.59 per share. Other significant laggards included Julius Berger, C & I Leasing, Thomas Wyatt Nigeria, Daar Communications, and UPDC Plc.
In terms of trading volume, Oando Plc dominated with 371 million shares worth ₦19.87 billion. Access Holdings followed with 328 million shares valued at ₦7.22 billion. UAC of Nigeria, Ellah Lakes, and Caverton Offshore also ranked among the top movers by volume.
Leading in value traded were Nestlé Nigeria Plc and Zenith Bank Plc, posting transactions worth ₦1.66 billion and ₦1.24 billion respectively.
Across sectoral indices, performance was mixed. The NGX Consumer Goods Index rose by 0.79%, the Insurance Index gained 0.69%, while the Oil and Gas Index and Premium Index declined by 0.29% and 0.36% respectively.
The equities market’s ₦1.43 trillion gain in the last week of June alone underscores renewed investor appetite, particularly in banking stocks like Zenith Bank, Access Holdings, and Fidelity Bank. Overall, the market’s performance signals growing optimism and highlights the resilience of the Nigerian capital market in the face of broader economic reforms and monetary adjustments.
