Stock Market Opens Week Stronger With N705bn Gain

The Nigerian banal marketplace opened the week connected a affirmative enactment yesterday with a summation of N705 cardinal pursuing stock terms appreciation successful BUA Foods Plc and 31 others.

The All-Share Index appreciated by 1,113.31 per cent, representing a summation of 0.79 per cent, to adjacent astatine 141,659.00 points. Similarly, the wide marketplace capitalisation worth gained N705 cardinal to adjacent astatine N 89.627 trillion.

The market’s affirmative show was driven by terms appreciation successful ample and medium-capitalised stocks, which are BUA Foods, Northern Nigeria Flour Mills (NNFM), Unilever Nigeria, Cadbury Nigeria, and Vitafoam Nigeria.

On this week’s marketplace performance, Imperial Asset Managers Limited said, “We expect the equity marketplace to commercialized with a cautious-bullish bias. Sustained investors’ involvement successful bellwether, undervalued, and speculative stocks and improved marketplace liquidity could widen the affirmative momentum.

However, macroeconomic information expectations connected Inflation numbers for August 2025, Yield absorption for September 2025 Bonds’ PMA, MPC September 2025 meeting, and Q2, 2025 GDP study volition elicit mixed reactions from players.

“Given the supra scenarios, we proceed to counsel that investors support a cautious stance and proceed to prioritise stocks with beardown fundamentals, steadfast equilibrium sheets, and resilient net potential.”

Investor sentiment, arsenic measured by marketplace breadth, closed affirmative arsenic 32 stocks advanced, portion 30 declined. Living Trust Mortgage Bank recorded the highest terms summation of 9.96 per cent to adjacent astatine N5.08, per share. eTranzact International followed with a summation of 9.70 per cent to adjacent astatine N16.40, portion Regency Alliance Insurance roseate by 9.64 per cent to adjacent astatine N1.82, per share.

NNFM appreciated by 8.62 per cent to adjacent astatine N93.90, portion Unilever Nigeria roseate by 8.41 per cent to adjacent astatine N72.80 per share.

On the different hand, McNichols led the losers’ illustration by 9.90 per cent to adjacent astatine N3.55 per share. Honeywell Flour Mills followed with a diminution of 9.13 per cent to adjacent astatine N20.90, portion UACN declined by 8.01 per cent to adjacent astatine N67.15 per share.

Omatek Ventures mislaid 7.58 per cent to adjacent astatine N1.22, portion Champion Breweries depreciated by 6.00 per cent to adjacent astatine N15.98 per share.

The full measurement traded roseate by 27.69 per cent to 555.123 cardinal units, valued astatine N24.082 billion, and exchanged successful 31,578 deals. Transactions successful the shares of UACN topped the enactment illustration with 67.170 cardinal shares valued astatine N4.495 billion. Regency Alliance Insurance followed with 57.234 cardinal shares worthy N98.102 million, portion Access Holdings traded 37.696 cardinal shares valued astatine N1.019 billion.

Lasaco Assurance traded 32.782 cardinal shares valued astatine N98.446 million, portion Chams Holding Company transacted 32.596 cardinal shares worthy N115.614 million.