NGX market cap grows to N82 trillion, see the top stocks that made investors richer

5 hours ago 8
  • The Nigerian banal marketplace has made galore investors millionaires and billionaires since 2025 began
  • In different bullish surge, implicit 30 stocks gained to propulsion the marketplace capitalisation past the N82 trillion mark
  • The apical gainers saw their investments turn by 10% successful 1 day, and analysts person shared what they expect to hap next

Ruth Okwumbu-Imafidon, a writer with Legit.ng, has implicit a decennary of acquisition successful business reporting crossed integer and mainstream media.

The Nigerian banal marketplace yet crossed the N82 trillion people connected Thursday, July 17, 2025.

This surge was driven by a rally crossed respective large stocks, including the elephantine majors, Dangote Cement Plc, and BUA Cement Plc.

The Nigerian Exchange Limited (NGX) All-Share Index opened for trading astatine 128,967.08 ground points and gained 1,316.79 ground points oregon 1.02 per cent to adjacent astatine 130,283.87 ground points.

Dangote, different   cement stocks rally arsenic  investors summation   10% successful  1  dayAt the apical of the gainers database is BUA cement, with investors making 10% summation successful the trading session. Photo credit: George Osodi
Source: Getty Images

Market Capitalisation surges past N82 trillion

The respective banal rallies besides pushed marketplace headdress past N82.418 trillion, increasing by N833 cardinal from the N81.585 trillion it closed the erstwhile trading day, This Day reports.

The sectoral show shows a premix with immoderate stocks gaining and others losing.

Among the apical gainers, the NGX concern goods scale gained 9.1%; NGX Consumer Goods gained 0.5%.

Despite the surge among a fewer banking stocks, the NGX Banking Index mislaid 2.3%, the NGX Insurance Index dipped by 0.9%, and the NGX Oil & Gas scale dropped by 0.6%.

Top gainers successful yesterday’s trading

  • BUA Cement emerged apical gainer with 10% growth, closing astatine N112.20 per stock unit.
  • Dangote Cement gained 9.99%, closing astatine N473.30 per share.
  • Chams Holding grew by 9.96%, closing astatine N3.09 per share.
  • First HoldCo grew by 9.94%, closing astatine N35.40 per share.
  • ABC Transport grew by 9.85%, closing astatine N5.69 per share.

The biggest losers successful yesterday’s trading session

On the different side, immoderate stocks shed immoderate value.

  • Haldane McCall mislaid 10%, closing astatine N4.68 per share.
  • MeCure Industries besides mislaid 10%, closing astatine N11.70 per share.
  • Berger Paints, May& Baker, John Holts, RT Briscoe each mislaid 10% each arsenic well, closing astatine N33.75, N15.30, N9.00, and N3.42 respectively, per share.
  • FTN Cocoa Processors mislaid 9.97%, closing astatine N6.32 per share.
  • Academy Press mislaid 9.96% closing astatine N7.50 per share.

Top stocks traded successful yesterday’s session

The measurement of stocks traded dropped to 1.193 cardinal units, dispersed crossed 37,418 deals, with a valuation of N42.756 billion.

Among the apical stocks traded were:

  • Access Holdings with 168.099 cardinal shares valued astatine N4.622 billion.
  • First Holdco with 86.416 cardinal shares valued astatine N3.045 billion
  • Zenith Bank with 83.357 cardinal shares valued astatine N6.292 billion.
  • Nigerian Breweries with 68.567 cardinal shares worthy N5.084 billion
  • AIICO Insurance with 65.251 cardinal shares worthy N139.267 million.

Analysts stock thoughts connected marketplace outlook

Analysts astatine Afrinvest Limited predicted a humble show connected the banal marketplace aft the surge. They said:

“We expect a humble show connected the bourse, arsenic selective buying offsets nett booking.”

Despite the surge successful marketplace capitalisation, capitalist sentiment is wide antagonistic arsenic measured by the marketplace breadth. This is due to the fact that 30 stocks gained portion 46 stocks lost.

BUA, Dangote Cement, 28 others grounds   monolithic  banal  gains arsenic  marketplace  headdress  crossed N82 trillionInvestors successful Dangote and BUA cement are smiling arsenic their portfolio swells. Photo credit: Contributor
Source: Getty Images

Dangote, BUA cement punctuation higher prices for 50kg bag

In related news, the 2 cement majors, Dangote Cement and BUA Cement, person accrued the terms for 50kg bags of cement.

Legit.ng reported that a 50kg container of cement costs betwixt N9,500 and N12,500, depending connected the marque and your location.

Since the commencement of 2025, cement prices person failed to instrumentality to the earlier terms of N8,500 contempt authorities intervention.

PAY ATTENTION: Сheck retired quality that is picked exactly for YOU ➡️ find the “Recommended for you” artifact connected the location leafage and enjoy!

Source: Legit.ng

Read Entire Article