Bull Rally Pauses After Impressive Multi-Week Run

Image Credit: Oilprice.com

August 8, 2025/United Capital Report

Equities Market Summary

Today, the Nigerian Stock Exchange Market closed on a negative note following share price depreciation in MTNN (-4.17%) and BUACEMEN (-3.66%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.56% to close at 145,756.62 points.

Year to date returns weakened to 41.61%, while market capitalisation closed at N92.21tn. Activity level in the market improved with the total value and volume of stocks traded rising by 18.94% and 11.74% to settle at N32.42bn and 2.21bn units.

Corporate Announcement

• Stanbic IBTC ETF 40 – Announces N12.44 interim dividend

• ASO Savings and Loans Plc- Q2-2025 Financial Statement

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