SAT JULY 19 2025-theGBJournal| The NGX benchmark All-Share Index closed on a fresh high on Friday. It marked the index’s third consecutive week record close this month, and it wasn’t the only big winner.
Major cement makers, DANGCEM (+16.47% w/w), BUACEMENT (+31.28% w/w) and WAPCO (+7.55% w/w), alongside NESTLE (+20.0%), STANBIC (+18.4%), and FIRSTHOLDCO (+16.5%), finished the day robustly in green, boosted by positive earnings expectations.
The bullish sentiments consequently drove the index across the 130,000 psychological mark for the first time, advancing by 4.3% w/w to close at 131,585.21 points with equity market capitalisation rising to record N83.24 trillion.
All other indices finished higher with the exception of NGX Insurance, NGX AseM, NGX Oil and Gas, NGX Growth and NGX Sovereign Bond indices which depreciated by 3.65%, 9.56%, 0.76%, 4.80% and 0.57% respectively
ETPs market capitalization also saw a strong boost. A total of 239,360 units valued at N18.892 million were traded this week in 240 deals compared with a total of 242,901 units valued at N22.428 million transacted last week in 274 deals.
The month-to-date and year-to-date returns improved to +9.7% and +27.8%, respectively.
On market activity, trading volume and value increased by 224.6% w/w and364.5% w/w, respectively.
Trading in the top three equities, namely First Holdco Plc, FCMB Group Plc and Fidelity Bank Plc (measured by volume), accounted for 13.229 billion shares worth N367.498 billion in 10,083 deals, contributing 75.60% and 73.39% to the total equity turnover volume and value respectively.
Meanwhile, sectoral performance was mixed, with the Industrial Goods (+19.2%) index posting the most significant gain, followed by advances in the Banking (+5.4%) and Consumer Goods (+1.3%) indices.
On the flip side, the Insurance (–3.6%) and Industrial Goods (–0.8%) indices closed lower.
Meanwhile, the NASD OTC Securities Index (NSI) and market capitalisation advanced by 4.49% w/w.
The NSI closed at 3,488.7 points, while market capitalisation maintained its N2 trillion level.
Market activity was improved across volume and value of transactions increasing by 49,785% and 88.40% respectively.
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