Nigerian Stock Market Delivers Best Monthly Performance in 2025

The Nigerian equities market posted its strongest performance of 2025 in July, gaining 16.57% as tracked by the NGX All-Share Index, which climbed from 119,980.4 to 139,863.5 points. This extended the bullish momentum from June and pushed the year-to-date gain to 35.9%.

Market capitalization grew in tandem, rising from ₦75.8 trillion to ₦88.4 trillion, driven by broad-based price gains. Trading activity also surged, with 22 billion shares exchanged in July, up from 13.8 billion the previous month.

Sector Performance Highlights – July 2025

🏗️ Industrial Goods – Top Sector

• NGX Industrial Index: +34.28% (3,638.2 → 4,885.2)
• Volume: 534.2 million shares
• Top Gainers:
• Tripple Gee: +88.44%
• Lafarge: +70.87%
• Meyer: +64.18%
• BUA Cement: +41.51%
• Other Movers: CAP (+31.5%), Cutix (+18.9%), Austin Laz (+13.6%)

🏦 Banking – Most Active Sector

• NGX Banking Index: +25.78% (1,280.4 → 1,610.5)
• Volume: 6.48 billion shares
• Top Gainers:
• Wema Bank: +47.16%
• UBA: +40.21%
• Zenith: +34.33%
• Access: +26.24%
• GTCO, FirstHoldco, Ecobank, Stanbic: All >18%
• FCMB, Fidelity Bank: +8.1%, +5.25%

🛡️ Insurance

• NGX Insurance Index: +17.74% (755.5 → 889.5)
• Volume: 3.27 billion shares
• Top Gainers:
• Sovereign Trust: +41.04%
• NEM: +34.08%
• AIICO: +33.54%
• Mansard: +26.49%
• Universal, Veritas Kapital, Regency Alliance: +25%+

🛒 Consumer Goods

• NGX Consumer Goods Index: +11.14% (2,635.9 → 2,929.4)
• Volume: 1.1 billion shares
• Top Gainers:
• Cadbury: +63.86%
• McNichols: +60.87%
• Dangote Sugar: +53.61%
• NASCON, Unilever: +40%+
• Guinness, Nigerian Breweries, Nestlé: +30%+

🛢️ Oil and Gas – Lagging Sector

• NGX Oil & Gas Index: +1.72%
• Leaders:
• Oando: +16.32%
• Aradel: +3.01%
• Others: Mostly in the red

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