NGX All-Share Index Falls 0.77% as Market Capitalization Drops to ₦91.50 Trillion

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)

• Monday: 2.12bn shares, ₦19.40bn, 41 decliners, 36 unchanged.

• Tuesday: 1.28bn shares, ₦24.22bn, 50 decliners, 29 unchanged.

• Wednesday: 1.34bn shares, ₦20.18bn, 53 decliners, 21 unchanged.

• Thursday: 2.46bn shares, ₦22.22bn, 22 decliners, 52 unchanged.

• 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:

• NGX Insurance Index (+8.21%)

• NGX AFR Div. Yield Index (+1.57%)

• NGX Growth Index (+9.50%)

Notable decliners included:

• NGX Premium Index (-1.64%)

• NGX Consumer Goods Index (-0.94%)

• 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:

• Mutual Benefits Assurance Plc (+31.85%)

• Tripple Gee and Company Plc (+30.23%)

• Sunu Assurances Nigeria Plc (+23.80%)

• Mecure Industries Plc (+20.50%)

• Champion Breweries Plc (+17.63%)

• 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:

• UPDC Plc (-17.72%)

• LivingTrust Mortgage Bank Plc (-16.00%)

• Berger Paints Plc (-14.67%)

• VFD Group Plc (-11.19%)

• Unilever Nigeria Plc (-10.29%)

• Sterling Financial Holdings Plc (-10.18%)

• Nigerian Exchange Group Plc (-8.66%)

• Honeywell Flour Mills Plc (-8.47%)

Dividend Announcements

Key corporate actions during the week included dividend declarations by:

• Africa Prudential Plc (₦0.10 per share)

• Okomu Oil Palm Plc (₦30.00 per share)

• Transcorp Power Plc (₦1.50 per share)

• Unilever Nigeria Plc (₦0.50 per share)

• United Capital Plc (₦0.30 per share)

• 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.