Stock market investors gain N1.806trn

The Nigerian stock market continued on a bullish note on Thursday, July 10, 2025, as investors recored N1.806 trillion gain.

The positive performance was due to increased investor confidence in Nigeria’s equities market amid improved liquidity conditions and ongoing reforms.

The market capitalisation rose by N1.806 trillion, or 2.35 per cent, to close at N78.726 trillion, up from N76.970 trillion recorded on Wednesday.

The All-Share Index (ASI) also increased by 2,457.13 points, or 2.01 per cent, settling at 124,446 80 from its previous close of 121,989.67.

The market breadth closed positively with 70 gainers and 10 losers.

On the gainers’ chart, FTN Cocoa increased by 10 per cent, ending the session at N6.82, while UPDC also rose by 10 per cent closing at N4.62 per share.

United Bank for Africa (UBA) soared by 10 per cent, settling at 39.60, and Consolidated Hallmark Holdings also gained by 10 per cent, finishing at N3.30 per share.

Haldane McCall grew by 10 per cent, closing at N4.73 per share.

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On the losers’ chart, Neimeth International Pharmaceutical fell by 9.91 per cent, finishing at N9, while Legend Internet shed by 9.88 per cent, settling at N7.21 per share.

Industrial and Medical Gases dropped by 7.36 per cent, ending the session at N34, and Cadbury Nigeria declined by 6.22 per cent, closing at N55 per share.

Livestock Feeds lost by 5.67 per cent, settling at N9.15 per share.

1.3 billion shares worth N27.73 billion were exchanged across 27,875 transactions.

This is compared to 888.70 million shares worth N15.609 that were traded across 24,303 transactions earlier on Wednesday.

Transactions in the shares of Access Corporation topped the activity chart with 174.22 shares worth N3.99 billion.

AIICO Insurance followed with 81.96 million shares valued at N165 million, while Ja Paul Gold transacted 74.01 million shares worth N245.2 million.

UBA sold 64.51 million shares valued at N2.52 billion, and First City Monument Bank traded 63.3 million shares worth N585.75 million.

The Star