Reported by Tahir Ishaq Shehu
The Nigerian stock market kicked off the week on a bullish note as the All-Share Index (ASI) surged by 305.67 points to close at 121,295.33 on Monday, July 7, 2025. This represents a 0.25% increase from Friday’s close of 120,989.66, marking a strong start to the week despite a slowdown in trading activity.
FIRSTHOLDCO stood out among the FUGAZ banking group with an impressive 9.8% gain, reflecting renewed investor confidence. Other notable performances came from TRIPPLEG, ELLAHLAKES, UPDCREIT, and CADBURY, all of which recorded the maximum daily gain of 10%, leading the day’s rally.
Market Summary
Current ASI: 121,295.33
Previous ASI: 120,989.66
Day Change: +0.25%
Year-to-Date Growth: +17.85%
Market Capitalization: N76.5 trillion
Total Deals: 24,042
Volume Traded: 824.1 million shares
Top 5 Gainers
Stock % Change Price (₦)
TRIPPLEG +10.00% 2.97
ELLAHLAKES +10.00% 8.91
UPDCREIT +10.00% 7.15
CADBURY +10.00% 53.35
REDSTAREX +9.92% 9.20
Top 5 Losers
Stock % Change Price (₦)
SUNUASSUR -10.00% 4.50
RTBRISCOE -9.59% 3.30
PRESTIGE -9.09% 1.20
UPDC -8.23% 4.35
BERGER -7.58% 30.50
Trading Activity
Market activity saw a slight dip, with 824 million shares exchanged, down from 923 million in the previous session.
Most Active Stocks by Volume:
UNIVINSURE: 71.9 million shares
FCMB: 61.3 million shares
JAPAULGOLD: 53.3 million shares
ACCESSCORP: 42 million shares
AIICO: 40.1 million shares
Top Stocks by Value:
Nigerian Breweries (NB): ₦2.3 billion
ZENITHBANK: ₦1.4 billion
NESTLE: ₦1.2 billion
GTCO: ₦1.02 billion
ACCESSCORP: ₦942.8 million
Blue-Chip Performance
SWOOTs (Stocks Worth Over One Trillion Naira):
INTERNATIONAL BREWERIES: +2.28%
NIGERIAN BREWERIES: +1.04%
FUGAZ Banks:
FIRSTHOLDCO: +9.8%
GTCO: +1.56%
UBA: +0.27%
ZENITHBANK: +0.09%
ACCESSCORP: -0.45%
Market Outlook
The ASI’s break above the 121,000-point mark signals renewed optimism, bolstered by gains in key mid- and large-cap equities. With investor sentiment improving and market momentum building, further upside could be seen in the sessions ahead particularly if economic indicators remain supportive.
