Bulls Tightened Their Grip as Momentum Lingered on the Trading Floor

Image Credit: Oilprice.com

July 9, 2025/United Capital Research

Today, the Nigerian Stock Exchange Market closed on a positive note following share price appreciation in Lafarge Africa (WAPCO) (+5.95%) and GTCO (+2.39%).

As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.28% to close at 121,989.67 points. Year to Date returns rose to 18.52%, while market capitalization closed at N76.97tn. Activity level in the market declined with the total value and volume of stocks traded falling by 19.88% and 11.84% to print at N15.61bn and 888.70mn units, respectively.

Equities Market Summary
Corporate Actions
• Mutual Benefits Assurance declares final dividend – N0.02k

• Guaranty Trust Holding Company – Trading on the London Stock Exchange

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