The Nigerian stock market opened bullish on Monday, July 21, 2025, resulting in a gain of N152 billion for investors.
The uptrend was driven by increased investor interest in stocks such as Cutix, International Energy Insurance, TIP, Caverton Offshore Support, and 37 others.
The market capitalisation opened at N83.241 trillion and added N152 billion or 0.18 per cent to close at N83.393 trillion.
The All-Share Index rose by 0.18 per cent or 241.11 points, closing at 131,826.77 from 131,585.66 on Friday.
However, the market breadth closed negatively with 41 stocks declining and only 31 advancing.
Meyer topped the losers’ chart, shedding 10 per cent to close at N18.90 per share, while McNicholas dropped by 9.95 per cent to finish at N3.44 per share.
Thomas Wyatt Nigeria lost 9.84 per cent to end at N3.39, while Deap Capital shed 9.77 per cent to close at N1.20.
Sovereign Trust Insurance also declined, losing 9.63 per cent to settle at N1.22 per share.
Naira trades N1,532/$ at official market
Cutix led the gainers’ table, rising by 10 per cent to close at N4.07 per share, and International Energy Insurance advanced by 10 per cent, finishing at N2.20 per share.
NCR Nigeria gained 10 per cent, closing at N7.26, while The Initiates Plc rose by 9.97 per cent to N11.03.
Caverton Offshore Support advanced by 9.75 per cent to settle at N7.09 per share.
Overall, 706.04 million shares worth N21.56 billion were traded in 30,750 transactions.
This compares to 3.35 billion shares worth N62.39 billion exchanged in 28,593 deals on Friday.
Access Corporation led activity with 61.73 million shares worth N1.64 billion, while Consolidated Hallmark Holdings followed, trading 43.98 million shares valued at N133.78 million.
CHAMS sold 38.66 million shares, amounting to N118.43 million in value.
United Bank for Africa (UBA) transacted 32.89 million shares worth N1.50 billion, while Zenith Bank traded 24.60 million shares valued at N1.73 billion.
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