The Nigerian stock market wrapped up the week ended July 25, 2025, on a high note, with the All-Share Index (ASI) gaining 2,867.27 points to stretch its winning streak to nine consecutive weeks.
Starting the week at 131,585.66 points, the All-Share Index rose by 2.18% to close at 134,452.93, inching closer to the 135,000 mark despite a drop in trading volume.
Weekly trading volume dropped to 3.6 billion shares, down from the 5.9 billion shares recorded the previous week.
Despite the drop in trading volume, investor sentiment stayed positive, lifting the broader market and pushing total market capitalization from N83.2 trillion to N85.05 trillion.
The Nigerian stock market maintained a bullish tone throughout the five trading sessions of the week, with the All-Share Index (ASI) posting gains each day.
Leading the pack among gainers was THE INITIATES PLC, which soared 60.82% week-to-date, marking a standout performance. ACADEMY PRESS followed closely with a 33.00% gain.
Other major gainers included:
SECURE ELECTRONIC TECHNOLOGY PLC led the laggards, falling 23.97% week-to-date. OMATEK VENTURES PLC followed, down 23.93%.
Other notable decliners included:
The week was rich with corporate disclosures and key developments across multiple sectors:
The Nigerian equities market ended the week on a strong note, with the All-Share Index closing above the 134,000 mark.
Looking ahead, the rally could continue if top-performing stocks maintain their momentum and investors do not perceive the market as overbought. Barring any major pullbacks, the ASI may well push past the 135,000 threshold in the coming days.