The Nigerian Exchange Limited (NGX) ended the trading week of August 15, 2025, on a bearish note as key indicators closed lower amid mixed investor sentiment across major sectors.
Market Activity
A total turnover of 8.564 billion shares worth ₦99.94 billion was exchanged in 177,870 deals during the week. This represents a decline from 8.736 billion shares valued at ₦134.58 billion that were transacted in 180,290 deals in the previous week.
The Financial Services Industry led by volume, accounting for 6.916 billion shares worth ₦56.72 billion in 84,589 deals and contributed 80.75% and 56.75% to the total equity turnover volume and value, respectively.
The Oil & Gas Industry followed with 387.65 million shares worth ₦8.50 billion while the Agriculture Industry recorded 315.54 million shares valued at ₦6.02 billion.
Top three equities by volume — Universal Insurance Plc, Linkage Assurance Plc, and AIICO Insurance Plc — accounted for 2.787 billion shares worth ₦6.62 billion in 11,067 deals, representing 32.54% and 6.63% of total turnover volume and value, respectively.
Daily Market Turnover (Aug 11 – Aug 15, 2025)
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Monday: 2.12bn shares, ₦19.40bn, 41 decliners, 36 unchanged.
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Tuesday: 1.28bn shares, ₦24.22bn, 50 decliners, 29 unchanged.
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Wednesday: 1.34bn shares, ₦20.18bn, 53 decliners, 21 unchanged.
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Thursday: 2.46bn shares, ₦22.22bn, 22 decliners, 52 unchanged.
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Friday: 1.37bn shares, ₦13.92bn, 30 decliners, 39 unchanged.
Market Indices
The NGX All-Share Index (ASI) fell by 0.77% to close at 144,628.20 points, while market capitalization declined to ₦91.50 trillion.
Most sectoral indices closed negative, with the exceptions of:
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NGX Insurance Index (+8.21%)
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NGX AFR Div. Yield Index (+1.57%)
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NGX Growth Index (+9.50%)
Notable decliners included:
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NGX Premium Index (-1.64%)
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NGX Consumer Goods Index (-0.94%)
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NGX Oil & Gas Index (-1.42%)
Despite the general downturn, year-to-date performance remained strong with the ASI posting a 40.52% gain.
Top Price Gainers
Fifty (50) equities appreciated, down from 66 in the prior week. Leading gainers included:
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Mutual Benefits Assurance Plc (+31.85%)
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Tripple Gee and Company Plc (+30.23%)
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Sunu Assurances Nigeria Plc (+23.80%)
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Mecure Industries Plc (+20.50%)
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Champion Breweries Plc (+17.63%)
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Julius Berger Plc (+17.14%)
Top Price Decliners
Forty-nine (49) equities declined in price, higher than 41 in the prior week. Major losers were:
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UPDC Plc (-17.72%)
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LivingTrust Mortgage Bank Plc (-16.00%)
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Berger Paints Plc (-14.67%)
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VFD Group Plc (-11.19%)
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Unilever Nigeria Plc (-10.29%)
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Sterling Financial Holdings Plc (-10.18%)
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Nigerian Exchange Group Plc (-8.66%)
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Honeywell Flour Mills Plc (-8.47%)
Dividend Announcements
Key corporate actions during the week included dividend declarations by:
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Africa Prudential Plc (₦0.10 per share)
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Okomu Oil Palm Plc (₦30.00 per share)
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Transcorp Power Plc (₦1.50 per share)
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Unilever Nigeria Plc (₦0.50 per share)
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United Capital Plc (₦0.30 per share)
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Seplat Energy Plc (₦70.71 per share)
Outlook
Market performance reflected cautious trading as investors weighed dividend announcements against profit-taking and sectoral pressures. Analysts expect mixed sentiment to persist in the near term, with opportunities in insurance and growth stocks continuing to attract attention.
