The Nigerian equities market sustained its bullish momentum, raking in a massive N3.4 trillion profit in five days.

The market gained in all five trading sessions of the week.

The market capitalisation increased to N79.803 trillion from the N76.339 trillion recorded the previous week.

Similarly, the All-Share Index (ASI) appreciated by 4.26% to close the week at 126,149.59 points from the 120,989.66 points recorded the previous week.

The Nigerian equities market began the week on Monday, July 7, 2025, on a bullish note as investors gained N192.85bn at the end of the trading session.

The trend continued on Tuesday, July 8, 2025, as investors gained another N226.25bn at the end of the trading session.

The trend persisted on Wednesday, July 9, 2025, as investors gained N211.84bn at the end of the trading session.

The market closed on a positive note as well on Thursday, July 10, 2025, as investors gained a massive N1.76 trillion.

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The equities market closed the week on Friday, July 11, 2025, with N1.08trn profit for investors.

Meanwhile, a total turnover of 5.390 billion shares worth N107.811 billion in 134,390 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 5.466 billion shares valued at N108.099 billion that exchanged hands last week in 118,570 deals.

The Financial Services Industry (measured by volume) led the activity chart with 3.019 billion shares valued at N56.244 billion traded in 55,574 deals; thus contributing 56.00% and 52.17% to the total equity turnover volume and value, respectively.

The Oil and Gas Industry followed with 565.645 million shares worth N8.111 billion in 9,914 deals.

In third place was the services Industry, with a turnover of 466.153 million shares worth N2.595 billion in 10,832 deals. Trading in the top three equities, namely Access Holdings Plc, Japaul Gold & Ventures Plc and AIICO Insurance Plc (measured by volume), accounted for 1.396 billion shares worth N15.835 billion in 12,828 deals, contributing 25.90% and 14.69% to the total equity turnover volume and value, respectively.

Ninety (90) equities appreciated in price during the week, higher than seventy-eight (78) equities in the previous week. Sixteen (16) equities depreciated in price, lower than twenty (20) in the previous week, while forty-one (41) equities remained unchanged, lower than forty-nine (49) recorded in the previous week.

FTN Cocoa Processors Plc recorded the biggest share price increase in percentage, gaining 60.60% followed by Red Star Express Plc which increased its share price by 60.57% in the process.

Omatek Ventures Plc also increased its share price by 60.44%.

On the flip side, Legend Internet Plc recorded the biggest decline in share prices by percentage, shedding 12.50% followed by International Energy Insurance Plc, which shed 6.75% of its share prices.

Oando Plc also knocked off 6.09% of its share prices.

By: Babajide Okeowo