The Nigerian inventory market prolonged its profitable streak to a formidable 11 weeks, ending the buying and selling week of August 8, 2025, deep within the inexperienced with a 4,491.86-point acquire to shut at 145,754.91.
This represents a strong 3.18% acquire for Customs Road, with the All-Share Index leaping from its opening degree of 141,263.05, fueled by a wave of bullish momentum within the insurance coverage sector.
Investor participation was notably stronger, with weekly buying and selling quantity hovering to 7.7 billion shares, properly above the 4.8 billion recorded the week earlier than.
Market capitalization additionally swelled, climbing to N92.2 trillion from N89.37 trillion, bringing the market inside hanging distance of the N100 trillion milestone.
The Nigerian inventory market prolonged its profitable streak to a formidable 11 weeks as bullish momentum carried over from earlier periods.
NGX Premium Index gained 0.62%, supported by a 9.22% rise in DANGOTE CEMENT. Losses in different heavyweight shares within the class, nevertheless, lowered the upside.
NGX Essential Board Index added 4.64%, whereas the NGX 30 Index superior 2.74%.
Main the pack, the NGX Insurance coverage Index soared 41%, with all of the week’s high gainers coming from the sector.
In the meantime, the NGX Banking Index fell 0.75% as profit-taking hit a number of tier-one lenders.
Main the pack was MUTUAL BENEFITS ASSURANCE PLC, which soared 60.44% week-to-date, marking a standout efficiency. AIICO INSURANCE PLC adopted intently with a 59.82% acquire.
Different main gainers included:
LIVINGTRUST MORTGAGE BANK PLC led the laggards, falling 24.13% week-to-date. ACADEMY PRESS PLC adopted, down 18.18%.
Different notable decliners included:
The week had a number of company disclosures and notable developments throughout a number of sectors:
The Nigerian equities market closed yet one more week on a constructive word, breaking via the 145,000 mark and eyeing additional features.
Nonetheless, the comparatively modest bullish momentum in a number of heavyweight shares might sign potential retracements if profit-taking gathers tempo.
