The Nigerian stock market continued its impressive upward momentum in the week ended July 18, 2025, as the All-Share Index soared by a remarkable 5,436.07 points to close at 131,585.66.
This performance represents a 4.31% gain from the previous week’s close of 126,149.59, making it Customs Street’s strongest week so far this year and extending the winning streak to eight consecutive weeks.
The rally was accompanied by stronger investor participation, as weekly trading volume increased to 5.9 billion shares from 5.3 billion shares in the previous week.
In tandem with the index’s rise, the market capitalization swelled to N83.2 trillion, a sharp increase from N79.8 trillion the week before.
Despite the decline in the number of advancers, the market’s heavyweights carried the day.
The Nigerian stock market traded for four sessions during the week, closing each day in positive territory. Tuesday, July 15, was observed as a public holiday in honor of the late former President Muhammadu Buhari.
Key highlights
Sectoral performance
On the flip side, the NGX Insurance Index and NGX Oil & Gas Index declined by 3.65% and 0.76%, respectively.
Leading the pack among gainers was EUNISELL INTERLINKED PLC, which soared 32.59% week-to-date, marking a standout performance. BUA CEMENT followed closely with a 31.28% gain.
Other major gainers included:
ACADEMY PRESS PLC led the laggards, falling 24.32% week-to-date. RT BRISCOE PLC followed, down 22.73%, amid profit-taking and weak sentiment in select sectors.
Other notable decliners included:
The week was marked by a series of notable corporate updates and announcements:
Market outlook
The Nigerian equities market ended the week on a strong note, with the All-Share Index closing above the 130,000-point threshold.
The Nigerian equities market ended the week on a strong note, with the All-Share Index closing above the 130,000-point threshold.
If the market is not perceived as overbought and investors do not remain on the sidelines awaiting the flood of Q2 2025 earnings results, the index could make a push toward the 135,000 mark in the near term.