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- The Nigerian banal marketplace ended the period of June with a coagulated show arsenic investors' concern worth increased
- The latest upward banal question was fueled by robust buy-side activities crossed each large sectors
- In the past trading day, marketplace enactment much than doubled from 625.3 cardinal shares to 1.4 cardinal shares
Legit.ng writer Dave Ibemere has implicit a decennary of business journalism acquisition with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.
The Nigerian banal marketplace closed successful June 2025 with a beardown show arsenic each cardinal sectors saw singular buy-side activities.
Data showed that the Nigerian Exchange Limited (NGX) All-Share Index (ASI) surged from the month-open levels of 111,742.01 points to 119,978.57 points.
Source: Getty Images
Also, marketplace capitalisation accrued from N70.462 trillion to N75.951 trillion, helping investors marque implicit N5.49 trillion.
How each sector's show
Here is the key sectoral show breakdown and wherever investors made much money.
- NGX Consumer Goods Index: +10.75%
- NGX Insurance Index: +10.33%
- NGX Banking Index: +10.04%
- NGX Industrial Index: +5.60%
- NGX Oil & Gas Index: +4.74%
Stock marketplace connected Monday
Nigerian banal marketplace slipped by conscionable 17.19 points to adjacent astatine 119,978.57.
Details of banal marketplace activities connected Monday, June 30 past time of June
Top 5 Gainers:
- Computer Warehouse Group (CWG) Plc: roseate by 10.00% to adjacent astatine N12.65
- Caverton Offshore Support Group Plc: roseate by 9.96% to adjacent astatine N5.74
- Neimeth International Pharmaceuticals Plc: roseate by 9.93% to adjacent astatine N6.53
- FTN Cocoa Processors Plc: roseate by 9.91% to adjacent astatine N3.66
- Meyer Plc: roseate by 9.84% to adjacent astatine N10.05
Source: Getty Images
Top 5 losers:
- Learn Africa Plc: declined by 10.00% to adjacent astatine N4.59
- Julius Berger Nigeria Plc: declined by 9.97% to adjacent astatine N112.00
- C&I Leasing Plc: declined by 9.90% to adjacent astatine N4.64
- Thomas Wyatt Nigeria Plc: declined by 9.62% to adjacent astatine N1.88
- DAAR Communications Plc: declined by 8.20% to adjacent astatine N0.56
Analysts' expectations for July
Coronation Research analysts said:
"In the adjacent term, we expect investors to displacement absorption toward historically precocious dividend-yielding stocks successful anticipation of the half-year net season, portion broader marketplace sentiment volition stay influenced by ongoing macroeconomic developments."Lagos-based United Capital probe analysts said:
"Looking ahead, the equities marketplace is apt to prolong its upward momentum, perchance resulting successful humble gains successful the All-Share Index (ASI).This outlook is supported by excess liquidity wrong the fiscal system. Additionally, investors whitethorn statesman to presumption up of the second-quarter (Q2) net season, favouring companies with overseas speech gains, beardown outgo management, wide maturation prospects, and imaginable for charismatic interim dividend payouts."SEC releases 30 signs to place scam investments
Earlier, Legit.ng reported that the Securities and Exchange Commission has released a database of 30 reddish flags to assistance Nigerians place and debar scam concern schemes
The improvement follows the determination by the CBEX Ponzi strategy scam, which near galore Nigerians counting their losses
In a statement, the committee noted that fraudsters often lure unsuspecting victims with promises of instant wealth, high-pressure income tactics, and requests for upfront payments via acquisition cards oregon cryptocurrency.
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Source: Legit.ng
