MON JULY 21 2025-theGBJournal| Nigerian stocks moved higher on Monday as investors feasted on BUACEMENT (+5.2%), PRESCO (+5.1%), and WAPCO (+1.8%) shares.
The buying interest drove the All-Share Index higher by 0.2% to 131,826.77 points, a new high. The market capitalisation equally grew by N152.81 billion to close at N83.39 trillion.
The Month-to-Date and Year-to-Date returns settled higher at +9.9% and +28.1%, respectively.
The total volume of trades declined by 78.9% to 706.04 million units, valued at N21.56 billion, and exchanged in 30,750 deals.
ACCESSCORP was the most traded stock by volume at 61.73 million units, while PRESCO was the most traded stock by value at N3.11 billion.
On sectors, performance was mixed as the Industrial Goods (+1.5%) and Consumer Goods (+0.1%) indices closed higher, while the Insurance (-1.4%), Banking (-0.4%), and Oil & Gas (-0.1%) indices declined.
As measured by market breadth, market sentiment was negative (0.6x), as 29 tickers gained relative to 45 losers. INTENEGINS (+10.0%) and NCR (+10.0%) led the gainers, while MEYER (-10.0%) and MCNICHOLS (-10.0%) recorded the most significant losses of the day.
At official FX market, the naira rose after the value of the Naira to the dollar declined by 0.14% to close at ₦1532.34/$ last week Friday at the Nigerian Foreign Exchange Market Window (NFEM).
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