NGX Equities Gained 0.48% on Friday but Down 2.51% for the Week; BDC Rate Depreciated to N1,550/US$1
On Friday, August 22, 2025, the Nigerian equities market closed on a positive note, reversing a three-day losing trend on renewed buying activities in BETAGLAS (+10.00%%), CAP (+9.52%), MECURE (+3.75%), FIDSON (+2.87%), BUAFOODS (+2.61%), ZENITHBANK (+2.49%), NB (+2.49%), TRANSCORP (+2.23%), CUSTODIAN (+2.13%), NEM (+1.92%), DANGSUGAR (+1.69%), NAHCO (+1.46%), GTCO (+1.35%), FIDELITYBK (+0.72%), OANDO (+0.72%), ACCESSCORP (+0.19%), and 33 others. As such, the NGX ASI gained 0.48% to close Friday at 141,004.14 points from 140,332.44 points on Thursday, though down over 2% for the week. Investors’ wealth increased by N424.96bn as Market capitalisation rose to N89.21trn, while the year-to-date (YTD) return increased to 37.00%.
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The market sentiment closed bullish, with 49 gainers compared to 11 losers, as BETAGLAS, UPDC, and VERITASKAP led the gainers’ list, while THOMASWY led the losers’ list. Meanwhile, BETAGLAS, NCR, GUINEAINS and AUSTINLAZ traded above their 52-week high at N449.35, N10.50, N1.77 and N2.90.
The total traded volume advanced by 127.15% to close at 1.30bn, valued at N47.84bn in 25,916 deals. ZENITHBANK closed with the highest volume and value, with N345.55m units traded, amounting to N21.23bn.
The memorandum Proshare price-weighted index gained 0.21% from 824.50 points to 826.27 points, while the float-adjusted index rose 0.66% to close at 599.19 points, up from 595.29 points in the previous session.
Volume and Value Contribution
ZENITHBANK was the most traded equity in terms of volume, contributing 26.51% of the total volume traded, while FCMB and AIICO followed with 25.78% and 3.36% of daily traded volume.
ZENITHBANK saw the highest traded value, with a 44.38% share of the total value contribution, while TRANSPOWER and FCMB followed closely.
NGX Earnings Summary
No Financial Statement was released on the NGX website today. For an analysis of the NGX-listed equities, click here.
NGX Corporate News
- Presco Plc Post AGM Resolutions – NGX
For more Analysis of the Unlisted Equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
Conversely, the NASD Securities Index (NSI) closed bearish, down 0.02% at 3,639.94 points, from 3,640.80 points on Thursday.
The total volume traded was 21.56m, valued at N20.32m across 20 deals.
At the close of trading, the NASD OTC recorded one (1) gainer and two (2) losers.
1.3 Global Indices
The global indices performed positively on Friday, with Brazil’s Bovespa leading the chart. For more updates on the Global scene, click here.
1.4 African Indices
The prices in the African market are relatively favourable today. For the latest data and updates, please kindly click here.
2. BONDS AND FIXED-INCOME MARKETS
2.1 Debt Market Size
The Debt Market Size was unavailable at the time of publishing this report.
2.2 Overnight and Open Repo (OPR)
The Overnight and Open Repo rates were unavailable while preparing the report.
3.1 AFEX Indices
On Friday, the AFEX ACI and AEI closed flat at N54.12 and N76.13, respectively. Data on AFEX Indices can be accessed here.
3.2 AFEX Commodity Prices
At the AFEX Commodity Market on Friday, soybeans and maize increased 0.05% and 0.03%, respectively, to close at N753.92 and N392.98, while sorghum and paddy rice fell 0.13% and 0.02% to close at N552.16 and N557.17. Click here to access more data on AFEX commodity prices.
3.3 LCFE Commodity Price(s)
Eko Gold and Premium Eko Rice at the Lagos Commodities and Futures Exchange (LCFE) prices remained unchanged on Friday, closing at N135,000.00 per gram and N90,000.00 per 50kg, respectively.
3.4 Global Commodity Prices
At the global commodity market, Gold and Silver rose 0.97% and 1.76% to close at US$3,370.90 and US$38.77. Brent and WTI crude futures increased 1.12% and 0.39% to close at US$67.87 and US$63.77, as of 2:32 PM GMT on Friday, as hopes of an imminent peace deal between Russia and Ukraine faded, putting prices on track for their first weekly gain in three weeks.
Average BDC rates depreciated 0.32% from N1,545/USD to N1,550/USD, while the NAFEM rate closed at N1,535.78/USD on Thursday. For updates on the Nigerian FX Market, kindly click here.
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