Sell-offs, UCAP, Seplat, Investors, MTN, Stock market

The Nigerian Exchange Limited (NGX) on Tuesday, August 5, 2025, recorded 1.03 billion shares valued at N22.9 billion, in 38,932 transactions.

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This marked an increase from Monday’s 811.09 million shares worth N19.47 billion, exchanged in 35,963 deals.

AIICO Insurance led trading activity, with 97.10 million shares exchanged, valued at N255.3 million.

Universal Insurance Plc followed with 87.26 million shares worth N71 million, while Linkage Assurance traded 64.03 million shares, valued at N101.34 million.

Fidelity Bank recorded 59.21 million shares worth N1.25 billion, and Veritas Kapital Assurance traded 50.18 million shares at N83.17 million.

The stock market maintained a bullish trend as investors gained N459 billion in value.

Market capitalisation rose by N459 billion or 0.50 per cent, closing at N91.608 trillion from N91.149 trillion on Monday.

The All-Share Index (ASI) also increased by 724.59 points or 0.50 per cent, ending at 144,796.37, up from 144,071.78.

Naira trades N1,565/$ in parallel market

The bullish performance was driven by increased investor interest in 53 gainers, including AIICO, Sunu Assurances, and Mutual Benefits Assurance.

Market breadth remained positive with 53 gainers and 22 losers, indicating upbeat sentiment among investors.

AIICO Insurance gained 10 per cent to close at N2.64, while Sunu Assurances also appreciated 10 per cent, finishing at N4.84.

Mutual Benefits Assurance advanced 10 per cent, ending at N2.20, while Neimeth International Pharmaceutical rose to N7.70.

Enamelware equally climbed 10 per cent, closing at N29.70 per share.

On the losers’ chart, Livingtrust Mortgage Bank dropped 9.86 per cent to N5.94.

UPDCREIT also shed 9.63 per cent, ending at N8.45 per share.

Academy Press lost 9.60 per cent, closing at N8.95, while Mecure fell 9.20 per cent to N15.80.

Cadbury Nigeria dipped 7.35 per cent, closing the session at N63 per share.

The Star

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