NGX Hits Historic High As Investors Gain ₦1.8 Trillion In One Day

• NGX Hits Historic High As Investors Gain ₦1.8 Trillion In One Day.

• 70 stocks gained, only 10 lost in broad market rally.

• Over ₦27.7bn traded as investors show renewed confidence.

The Nigerian Exchange Limited (NGX) recorded an unprecedented surge on Thursday, July 10, as investors raked in a massive ₦1.806 trillion in a single trading session—its highest daily gain ever.

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EKO HOT BLOG reports that according to Naija News, the All-Share Index (ASI) jumped by 2,457.13 points, or 2.01%, closing at 124,446.80 from 121,989.67 the previous day. This marks the first time in history that the ASI has crossed the 124,000 mark, reflecting a sharp boost in investor confidence.

Market capitalisation also soared, rising by 2.35% to ₦78.726 trillion, up from ₦76.970 trillion on Wednesday.

Analysts attributed the rally to a combination of positive policy signals, improved liquidity, and growing optimism around Nigeria’s ongoing economic reforms. The trading session ended on a strong note with 70 gainers and only 10 losers, signaling broad investor participation.

Top Gainers (each gained 10%):

• FTN Cocoa – ₦6.82

• UPDC – ₦4.62

• UBA – ₦39.60

• Consolidated Hallmark Holdings – ₦3.30

• Haldane McCall – ₦4.73

Top Losers:

• Neimeth Pharma – fell 9.91% to ₦9.00

• Legend Internet – down 9.88% to ₦7.21

• Industrial & Medical Gases – dropped 7.36% to ₦34.00

• Cadbury Nigeria – down 6.22% to ₦55.00

• Livestock Feeds – slipped 5.67% to ₦9.15

Market activity also spiked, with 1.3 billion shares valued at ₦27.73 billion traded across 27,875 deals, a sharp rise from Wednesday’s 888.70 million shares worth ₦15.609 billion across 24,303 transactions.

Most Traded Stocks:

• Access Corporation – 174.22m shares (₦3.99bn)

• AIICO Insurance – 81.96m shares (₦165m)

• Ja Paul Gold – 74.01m shares (₦245.2m)

• UBA – 64.51m shares (₦2.52bn)

• FCMB – 63.3m shares (₦585.75m)

  

The NGX continues to post strong year-to-date performance, with equities remaining attractive amid fiscal reforms and renewed investor confidence.

FURTHER READING

• Dollar to Naira Rate Today, July 8, 2025 – Official/ Black Market
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• President Tinubu Pays Tribute to Late Olubadan, Oba Olakulehin