Nigerian Shares begin July in purple as All-Share Index slips 0.2%; Ellah Lakes leads each day quantity 

The Nigerian All-Share Index (ASI) wrapped up the primary buying and selling day of July 2025 on a bearish be aware, dipping by 237.3 factors to shut at 119,741.23.

This marks a 0.2% decline from yesterday’s shut of 119,978.57, fueled by a 3.4% drop in heavyweight Dangote Cement.

Every day buying and selling quantity fell sharply to 527 million shares, a major drop from the 1.4 billion shares exchanged within the prior session.

Regardless of the slide, market capitalization remained comparatively regular, closing at N75.8 trillion throughout 21,546 offers, comfortably holding above the N75 trillion mark.

On the gainers’ chart, RTBRISCOE, HONYFLOUR, MCNICHOLS, and MBENEFIT all posted the day’s strongest performances, every rallying by the utmost 10.00%.

Conversely, UPL and SCOA led the losers, dropping by 10.00% and 9.83%, respectively.

ELLAHLAKES and UPDC emerged because the day’s most actively traded shares by quantity, drawing notable investor curiosity.

Every day buying and selling quantity declined sharply to 527 million shares, down from 1.4 billion shares traded within the earlier session.

Ellah Lakes led the amount chart with a sturdy 46 million shares exchanged.

UPDC adopted intently with 38.5 million shares, whereas UNIVINSURE maintained momentum, buying and selling 30.3 million shares.

Nigerian Breweries (NB) and JAPAULGOLD rounded out the highest 5 with 28.9 million and 21.7 million shares, respectively.

Among the many SWOOTs (Shares Price Over One Trillion Naira):

Nigerian Breweries superior by 1.69%, extending its upward streak, whereas WAPCO edged up by 0.34%.

On the draw back, Dangote Cement fell 3.41%, dragging the heavyweight section decrease.

Within the FUGAZ banking group: 

Regardless of the pullback, the All-Share Index stays firmly anchored above the 119,000-point mark, as traders proceed to evaluate near-term course.

Wanting forward, sustained curiosity in large-cap shares, significantly among the many SWOOTs and FUGAZ, might present the momentum wanted to reclaim the 120,000-point threshold, reinforcing optimistic sentiment throughout the market.