The Nigerian stock market's all-share index reached 126.7K in July 2025, surging by 8.6% month-on-month

  • July 2025 saw the ASI rise by 8.6%, the largest monthly jump in over a year.
  • The index grew steadily for four straight months from April to July 2025.
  • ASI climbed from 99.5K in June 2024 to 126.7K in July 2025, a 27.3% increase overall.
  • August 2024 recorded the sharpest monthly drop at -2.9%.
  • December 2024 and January 2025 posted back-to-back strong gains of 2.5% and 3.8% respectively.
  • May and June 2025 saw healthy gains of 4.2% and 6.6%, paving the way for July’s surge.

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.

Source:

Nigerian Exchange Group

Period:

(June 2024 - July 2025)
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