The Nigerian Exchange (NGX) maintained its upward momentum on Tuesday, July 22, 2025, with the All-Share Index (ASI) rising by 624.96 points to close at 132,451.73, representing a 0.47% increase from the previous day’s figure of 131,826.77.
According to Nairametric, the sustained rally was driven by renewed investor confidence and stronger trading activity, with daily volume climbing to 771.6 million shares, compared to 706 million shares recorded in the previous session.
Market Performance Snapshot
The overall market capitalization increased from N83.3 trillion to N83.7 trillion, as bullish sentiment swept across key equities during the day’s 32,734 transactions.
DANGOTE SUGAR emerged as the top gainer of the day, posting a full 10.00% rise to close at N56.10, while TIP closely followed with a 9.97% gain to end at N12.13.
Top Advancers
- DANGSUGAR: +10.00% to N56.10
- TIP: +9.97% to N12.13
- SOVRENINS: +9.84% to N1.34
- ENAMELWA: +9.83% to N22.35
- UPL: +9.82% to N6.15
Top Decliners
Despite the gains, the session saw ELLAH LAKES and LEGEND INTERNET topping the losers’ chart, both sliding by 10.00% to N9.90 and N5.31 respectively.
- ELLAHLAKES: -10.00% to N9.90
- LEGENDINT: -10.00% to N5.31
- FTNCOCOA: -9.91% to N6.09
- MEYER: -9.79% to N17.05
- THOMASWY: -9.73% to N3.06
Most Active Stocks by Volume
ACCESSCORP led trading volume with 102.8 million shares exchanged, followed by ELLAH LAKES at 56.7 million shares, as investor focus remained on high-liquidity counters.
- ACCESSCORP: 102.8 million shares
- ELLAHLAKES: 56.7 million shares
- UBA: 48.2 million shares
- GTCO: 32.7 million shares
- WAPCO: 30.5 million shares
Top Traded Stocks by Value
On the value front, LAFARGE dominated with N3.8 billion worth of transactions, followed by GTCO (N3.1 billion) and ACCESSCORP (N2.7 billion).
- LAFARGE: N3.8 billion
- GTCO: N3.1 billion
- ACCESSCORP: N2.7 billion
- UBA: N2.2 billion
- ZENITHBANK: N1.8 billion
SWOOT & FUGAZ Round-Up
Among the SWOOTs (Stocks Worth Over One Trillion Naira), performance was mixed:
Gainers:
- LAFARGE: +8.62%
- BUACEMENT: +4.01%
- INTERNATIONAL BREWERIES: +1.09%
- FIDELITY: +0.93%
Losers:
- ARADEL: -4.03%
- NIGERIAN BREWERIES: -1.62%
Market Outlook
With the All-Share Index staying firmly above the 132,000 level, analysts believe the market is in a strong position to potentially test the 135,000 threshold if current investor sentiment and liquidity trends continue.
However, stakeholders are keeping a close eye on overbought signals that could lead to temporary corrections in the coming sessions.
