Market Rally Eases as Investors Lock in Profits

Nigerian Stock Exchange Trading Floor. Image Credit: NGX

August 13, 2025/United Capital Research

Equities Market Report

Today, the Nigerian Stock Exchange Market closed on a negative note following share price depreciation in WAPCO (-2.14%) and ZENITHBA (-1.96%). As a result, the benchmark All-Share Index (NGX-ASI) fell by 0.13% to close at 145,865.48 points.

Year to date returns weakened to 41.72%, while market capitalisation closed at N92.28tn. Activity level in the market was mixed with the total value of stocks traded falling by 16.65% and settling at N20.22bn. Meanwhile, the total volume of stocks traded rose by 5.06% to settle at 1.34bn units.

Corporate Announcements

• Mutual Benefits Assurance Plc – Unaudited Financial Statements for the year ended 30 June 2025.

• Seplat Energy Plc- Announcement of Currency Exchange Rate for Q2-2025 Interim Dividend – N1,537.09/$.

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