MON AUG 11 2025-theGBJournal| Stocks rose on Monday supported renewed demand for fundamentally strong industrial and consumer goods, and improving macroeconomic sentiment.
The benchmark NGX All-Share Index closed higher by 0.1% to 145,880.77 points with market capitalization bouncing to N92.29 trillion.
The Month-to-Date and Year-to-Date returns settled at +4.3% and +41.7%, respectively.
The gains were led by BUAFOODS (+2.3%), STANBIC (+10.0%) and TRANSCORP (+1.0%) drove
The total volume of trades declined by 4.5% to 2.12 billion units, valued at NGN19.40 billion, and exchanged in 40,435 deals.
LINKASSURE was the most traded stock by volume at 703.59 million units, while STANBIC was the most traded stock by value at N1.73 billion.
Sectoral performance was mixed as the Insurance (+9.8%), Consumer Goods (+1.0%), and Banking (+0.4%) indices closed higher, while the Industrial Goods (-1.5%) and Oil & Gas (-0.6%) indices declined.
As measured by market breadth, market sentiment was positive (1.1x), as 38 tickers gained relative to 36 losers.
AIICO (+10.0%) and SUNUASSUR (+10.0%) led the gainers, while ABBEYBDS (-10.0%) and ABCTRANS (-10.0%) recorded the most significant losses of the day.
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