5 Companies Lead As Stock Market Investors Make Over N800bn in One Day
- The Nigerian stock market for the 20th straight trading day closed with a strong performance as investors made over N800 billion
- Data showed that stocks like Multiverse Mining & Exploration Plc, Dangote Sugar, Royal Exchange Plc led the top 5 gainers table
- The most actively traded stocks included Fidelity Bank Plc, Access Holdings Plc, UAC of Nigeria Plc (UACN), Universal Insurance Plc, and FCMB Group Plc
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
Nigeria’s stock market reached a new high on Wednesday, July 30, 2025, as investors pocketed N831 billion.
Data shows that the Nigerian Exchange Limited (NGX) All-Share Index (ASI) surpassed the 139,000-point mark, rising from 137,963.07 to 139,278.67 points.
Source: Getty Images
Market capitalisation also advanced from N87.223 trillion to N88.054 trillion, resulting in a daily gain of over N800 billion.
Wednesday’s trading saw 922.03 million shares worth N35.40 billion exchanged in 36,423 deals, according to NGX data.
Top gainers
- Multiverse Mining & Exploration Plc gained N0.90, rising from N9.00 to N9.90 per share (+10.00%)
- Royal Exchange Plc added N0.14, moving from N1.40 to N1.54 per share (+10.00%)
- Berger Paints Plc gained N3.40, increasing from N34.10 to N37.50 per share (+9.97%)
- Dangote Sugar Refinery Plc added N6.45, advancing from N64.70 to N71.15 per share (+9.97%)
- NPF Microfinance Bank Plc rose by N0.31, from N3.11 to N3.42 per share (+9.97%)
Top losers
- Abbey Mortgage Bank Plc declined by N0.72, falling from N7.20 to N6.48 per share (−10.00%)
- FTN Cocoa Processors Plc lost N0.70, dropping from N7.00 to N6.30 per share (−10.00%)
- LivingTrust Mortgage Bank Plc decreased by N0.73, from N7.32 to N6.59 per share (−9.97%)
- SUNU Assurances Nigeria Plc fell N0.44, from N4.58 to N4.14 per share (−9.61%)
- Consolidated Hallmark Holdings Plc dropped N0.27, from N3.47 to N3.20 per share (−7.78%)
Source: Getty Images
Top active trades
- Fidelity Bank Plc recorded a turnover of 90.40 million shares worth N1.90 billion
- Access Holdings Plc traded 43.05 million shares valued at N1.19 billion
- UAC of Nigeria Plc exchanged 32.99 million shares worth N2.08 billion
- Universal Insurance Plc traded 32.29 million shares valued at N26.05 million
- FCMB Group Plc recorded 31.81 million shares worth N328.40 million
GTCO shareholders approve N8.03 dividend payout
Earlier, Legit.ng reported that Guaranty Trust Holding Company (GTCO) Plc, the parent company of GTbank, has announced that Shareholders have approved a total dividend payout of N8.03 per share.
The financial company achieved a record-breaking performance in 2024 that saw it become the first Nigerian bank to surpass N1 trillion in profit before tax.
Segun Agbaje, Group Chief Executive Officer of GTCO, described 2024 as a “historic milestone year,” citing the N1 trillion pre-tax profit and strong growth across its Nigerian and international banking subsidiaries.
Source: Legit.ng
