The Nigerian stock market wrapped up the trading week ended 4th July 2025 on a bullish note, with the All-Share Index gaining 993.90 points to close at 120,989.66.

This represents a 0.83% gain from last week’s close of 119,995.76, driven largely by strong performances in the insurance and consumer goods sectors, as the index edges closer to the 121,000 level.

Weekly market activity picked up momentum, with trading volume rising to 4.8 billion shares, up from 3.7 billion shares in the previous week.

Market capitalization also expanded, rising to N76.3 trillion from N75.9 trillion.

The Nigerian stock market opened the week on a cautious note, with the All-Share Index dipping into negative territory on Monday and extending losses on Tuesday to close at 119,741.23.

However, sentiment turned midweek.

While Friday’s movement was relatively muted, the week still closed on a solidly positive note.

On the downside, the NGX Industrial Goods Index declined by 2.11%, making it the only sector to close in the red for the week.

Leading the pack among gainers was MEYER Plc, which soared 60.11% week-to-date, marking a standout performance. RT BRISCOE followed with a 50.83% gain.

Other major gainers included:

PZ CUSSONS NIGERIA PLC led the laggards, down 14.96% week-to-date, while JULIUS BERGER NIGERIA PLC followed, down 9.97%.

Other notable decliners included:

The week saw a flurry of corporate updates and announcements:

The Nigerian equities market ended the week on a strong footing, with the All-Share Index inching closer to the 121,000 milestone.

If current momentum in large- and mid-cap names continues, the market is likely to maintain its upward trajectory in the sessions ahead.