Nigerian Stocks Extend Gains on Blue-Chip Rally

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

July 29, 2025/United Capital Report

Equities Market Summary

Today, the Nigerian Stock Exchange Market closed on a slightly positive note following share price appreciation in MTNN (+9.99%) and DANGCEM (+3.05%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 1.99% to close at 137,912.87 points.

Year to date returns rose to 33.99%, while market capitalisation closed at N87.19tn. Activity level in the market improved with the total value and volume of stocks traded rising by 34.14% and 20.74% to settle at N30.63bn and 940.80mn units, respectively.

Corporate Announcements

• Industrial & Medical Gases PLC Releases unaudited Financial Statement for the period ended 30 June, 2025.
• Transnational Corporation PLC releases Q2-2025 Financial Statement.

• Ecobank Transnational Incorporated releases Q2-2025 Financial Statement.

• E-Tranzact International PLC releases Q2-2025 Financial Statement

Nigerian Stocks Extend Gains on Blue-Chip Rally

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