See more as Stock market starts July Red, 5 companies lead losers table

• The Nigerian banal marketplace has kicked disconnected July with a mediocre show arsenic large stocks laggard
• The antagonistic trading was led by University Press Plc, SCOA Nigeria Plc, Thomas Wyatt Nigeria Plc, PZ Cussons Nigeria Plc, and Chams Holding Company Plc.
• In 21,546 deals, banal investors and traders exchanged 527,079,776 shares valued astatine N11.277billion

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.

Nigeria’s banal marketplace opened the 2nd fractional (H2) of 2025 connected a bearish note, arsenic the benchmark scale declined by 0.20% astatine the adjacent of trading connected Tuesday, July 1.

Data shows that the Nigerian Exchange Limited (NGX) All-Share Index (ASI) reflected the market's bearish sentiment, slipping from the erstwhile day's precocious of 119,978.57 points to 119,741.23 points.

Nigerian banal marketplace starts June negatively Photo credit: nurphoto
Source: Getty Images

Likewise, the equities marketplace capitalisation decreased from N75.951 trillion to N75.801 trillion, indicating a nonaccomplishment successful capitalist value.

However, trading enactment remained strong, arsenic investors exchanged 527,079,776 shares worthy N11.277 cardinal successful 21,546 deals.

Here is simply a snapshot of the marketplace connected July 1

Top gainers

• R. T. Briscoe Nigeria Plc gained N0.25, rising from N2.50 to N2.75 per stock (+10.00%).
• Honeywell Flour Mills Plc gained N2.15, expanding from N21.50 to N23.65 per stock (+10.00%).
• McNichols Plc gained N0.23, moving from N2.30 to N2.53 per stock (+10.00%).
• Mutual Benefits Assurance Plc gained N0.11, rising from N1.10 to N1.21 per stock (+10.00%).
• Lasaco Assurance Plc gained N0.27, expanding from N2.71 to N2.98 per stock (+9.96%).

Top losers

• University Press Plc (UPL) declined by N0.56, falling from N5.60 to N5.04 per stock (−10.00%).
• SCOA Nigeria Plc dropped N0.53, decreasing from N5.39 to N4.86 per stock (−9.83%).
• Thomas Wyatt Nigeria Plc mislaid N0.18, moving from N1.88 to N1.70 per stock (−9.57%).
• PZ Cussons Nigeria Plc declined by N3.00, falling from N38.00 to N35.00 per stock (−7.89%).
• Chams Holding Company Plc mislaid N0.15, decreasing from N2.35 to N2.20 per stock (−6.38%).

Investors suffer implicit N100 cardinal connected the archetypal trading time of July Photo credit: Bloomberg/contributor
Source: Getty Images

Top progressive trades

• Ellah Lakes Plc recorded a turnover of 46.05 cardinal shares valued astatine N385.12 million.
• UPDC Plc traded 38.51 cardinal shares worthy N119.66 million.
• Universal Insurance Plc exchanged 30.39 cardinal shares valued astatine N18.20 million.
• Nigerian Breweries Plc recorded 28.90 cardinal shares worthy N1.75 billion.
• Japaul Gold and Ventures Plc traded 21.75 cardinal shares, amounting to N52.20 million.

Naira closes June strong

Earlier, Legit.ng reported that the naira appreciated against the United States dollar successful the authoritative foreign speech market.

Data from the CBN showed that the Nigerian Foreign Exchange Market (NFEM) closed astatine N1,532 per dollar astatine the extremity of trading connected Monday, June 30.

Monday's speech complaint is simply a 0.32% oregon N5 appreciation for the naira erstwhile compared to the erstwhile closing complaint of N1,537 recorded successful the authoritative market.

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Source: Legit.ng