Market leader CHAMPION bucked the trend as the All-Share Index slumped by 0.56%, ending a 22-day bullish run.
Nigerian Stock Market Experiences Daily Pullback on August 8, 2025
The Nigerian stock market witnessed a decline on August 8, 2025, marking a break in a 22-day winning streak. The All-Share Index (ASI) dropped by 0.56%, ending the day at 145,756.5, despite remaining above the 145,000 mark.
In the FUGAZ banks sector, FIRSTHOLDCO rose 1.7%, ACCESSCORP gained 0.73%, UBA added 0.31%, and GTCO edged up by 0.05%. However, ZENITHBANK was the only bank in this group that declined, dipping by 0.07%.
In the SWOOT stocks sector, MTNN shed 4.17%, BUA CEMENT lost 3.66%, INTERNATIONAL BREWERIES dropped 0.74%, WAPCO declined 0.68%, NIGERIAN BREWERIES dipped 0.13%, and TRANSCORP HOTELS slipped 0.06%.
Among the standout performers on this day were CHAMPION, UNIONDICON, and UNIVINSURE, which gained 10%. On the flip side, ABBEYBDS and CUSTODIAN shed 9.87% and 8.48%, respectively.
The institution with the highest turnover in daily stock trading volume was the Deutsche Börse Group, with notable stocks like Rheinmetall AG reporting a volume of 9.01 billion euros in August 2025. In the Nigerian market, LINKASSURE led the volume chart, trading 585.5 million shares, followed closely by UNIVINSURE with 213.1 million shares. AIICO came in third with 178.5 million shares exchanged.
MTNN recorded N1.9 billion in value, while UBA posted N1.7 billion in turnover. DANGCEM led the value chart with transactions worth N7.2 billion. The daily trading volume surged to 2.2 billion shares, up from 1.98 billion shares reported the previous day.
Despite the daily pullback, the Year-to-Date Performance remains positive at +41.61%. If investor sentiment improves, the ASI could potentially rebound toward the 146,000 level.
Key Points:
- The Nigerian stock market ended with a decline on August 8, 2025.
- The All-Share Index dropped by 0.56% to 145,756.5.
- FUGAZ banks: FIRSTHOLDCO rose 1.7%, ACCESSCORP gained 0.73%, UBA added 0.31%, and GTCO edged up by 0.05%. ZENITHBANK was the only bank that declined.
- SWOOT stocks: MTNN shed 4.17%, BUA CEMENT lost 3.66%, INTERNATIONAL BREWERIES dropped 0.74%, WAPCO declined 0.68%, NIGERIAN BREWERIES dipped 0.13%, and TRANSCORP HOTELS slipped 0.06%.
- Standout performers: CHAMPION, UNIONDICON, and UNIVINSURE gained 10%.
- Decliners: ABBEYBDS and CUSTODIAN shed 9.87% and 8.48%, respectively.
- Highest turnover: Deutsche Börse Group.
- Volume leaders: LINKASSURE and UNIVINSURE.
- Value leader: DANGCEM with transactions worth N7.2 billion.
- Daily trading volume: 2.2 billion shares, up from 1.98 billion shares the previous day.
- Year-to-Date Performance: +41.61%.
- The ASI could potentially rebound toward the 146,000 level if investor sentiment improves.
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