Stock Market Report

NGX closed −0.50% as turnover cooled (3.20bn shares, ₦85.40bn) and breadth narrowed (32 gainers vs 57 losers). Dividend plays led. New week: watch 141,000 on ASI and flows in banks/consumer names now.

The NGX All-Share Index fell 2.51% last week, wiping ₦2.2trn in value as banks and insurers slumped. Yet Consumer Goods (+0.83%) and Growth stocks (+4.14%) held firm, signaling a smart money shift. Here’s what it means for your strategy.

The NGX lost 0.77% last week, but insurance and growth stocks soared, delivering gains above 30%. Smart money rotated into defensive and high-beta plays.

NGX rallied as ASI rose 3.18% to 145,754.91 and market cap hit ₦92.2trn. Turnover swelled to 8.74bn shares as investors rotated into insurers (+41%) while banks cooled. Breadth improved to 66 gainers vs 41 losers—momentum into 11 Aug looks constructive.

NGX bulls roared last week: All-Share Index +5.07 % to 141,263 pts, market cap ₦89.4 trn. Turnover jumped 33% to ₦149.8 billion as industrials & growth stocks led. Breadth solid (54 gainers vs 49 losers). Eyes on the 145k mark this week.

Please read our full report for the last trading week of July 2025. See what happened last week and our recommendation for this week.

Read our stock market analysis for the week ended July 18th, 2025. We also show you what to look out for in week 4 of July 2025.

This is my comprehensive Nigerian stock market report for week 3 of July 2025. We look at what moved the market last week and what to look forward to this week.

The All-Share Index jumped 2.35% in five days. Trading volume nearly doubled to 3.566 billion shares. Financial services stocks dominated with 60.73% of all trading. Find out more in Week 3’s report