The Nigerian equities market sustained its bullish momentum on Thursday, July 3, 2025, as investors gained N404 billion after five hours of trading at the capital market.
This follows a surge in the share prices of stocks like Guinea Insurance (GUINEAINS), Deap Capital Management & Trust (DEAPCAP) and Berger Paints (BERGER) among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 120,977.20 points from the 120,339.90 points which were recorded the previous trading day.
After five hours of trading at the capital market, the equity capitalisation increased to N76.583 trillion from the N76.179 trillion which the bourse recorded on Wednesday, July 2, 2025.
The market breadth was positive, with 53 stocks advancing, 15 stocks declining, and 80 stocks remaining unchanged in 24,207 deals.
Guinea Insurance (GUINEAINS), Deap Capital Management & Trust (DEAPCAP) and Berger Paints (BERGER) led other gainers with 10% growth each in prices to close at N0.99, N1.10 and N33.00 from the previous N0.90, N1.00 and N30.00 per share.
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Neimeth International Pharma (NEIMETH), Legend Internet (LEGENDINT) and Computer Warehouse Group (CWG) led other price decliners with 8.49%, 7.98% and 4.50% decline each in share prices to close at N1.00, N7.00 and N44.50 from the previous N1.10, N7.40 and N47.00 per share.
On the volume index, Universal Insurance Company (UNIVINSURE) led trading with 67 million shares in 169 deals, followed by Access Holdings Plc (ACCESSCORP), which traded 62 million shares in 994 deals.
Chams Plc (CHAMS) traded 57 million shares in 456 deals.
On the value index, Seplat Petroleum Development Co. (SEPLAT) emerged as the top traded stock, gathering N13.5 billion in 160 deals, followed by Guaranty Trust Holdings Plc (GTCO) , which traded equities worth N3.2 billion in 215 deals.
Nigerian Breweries Plc (NB), traded shares valued at N1.8 billion in 215 deals.
By: Babajide Okeowo
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