The Nigerian stock market's All Share Index (ASI) surged to 126.7K in July 2025, marking its highest point in the 13-month period under review. This represents a sharp 8.6% increase from the previous month and signals growing investor confidence in the market. After months of moderate movements, this July leap is the most significant month-on-month gain since June 2024, suggesting a potential shift in market sentiment. From June 2024 through early 2025, the ASI experienced a mix of gains and losses. For instance, the index dipped in August 2024 (-2.9%) and again in March 2025 (-1.2%), reflecting short-term market volatility. However, it rebounded strongly in the months that followed, with consistent positive growth from April through July 2025.
