Nigeria’s equities market on Thursday continued its rally into July following muted activities of profit-takers that had trailed the strong rallies seen last month.

While sentiment is still tilting positive, market watchers expect investors to remain bullish, as they continue to hunt for value across key sectors.

At the close of trading on Thursday, the Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities Market Capitalisation increased further from preceding trading day’s lows of 120,339.9 points and N76.179 trillion respectively to
120,977.2 points and N76.583 trillion.

Read also: NGX Group secures funding support from DEG Impulse to kick start N-Zero programme

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The stock market has risen this year by 17.54 percent. Berger Paints rallied most on Thursday as its share price moved up from N30 to N33, adding N3 or 10 percent.

Academy Press moved from N5.10 to N5.61, adding 51 kobo or 10 percent. Unilever share price advanced from N51.70 to N56.85, adding N5.15 or 9.96 percent.

In 24,207 deals, equities market traders exchanged 933,400,484 shares worth N29.307 billion. Universal Insurance, Access Holdings, Chams, Japaul Gold and GTCO were mostly traded stocks.

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By Iheanyi Nwachukwu • July 4, 2025

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.

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