The Nigerian stock market extended its bullish run in July 2025, with a strong performance across blue-chip and mid-cap counters.
Nestle Nigeria Plc emerged as the top gainer by value, while agro-industrial and industrial goods stocks dominated the top 10 list, reflecting broad-based investor optimism across key sectors.
Nestle topped the chart with a N440 share price increase, while Presco and Okomu Oil Palm followed with gains of N275 and N260, respectively.
Cement heavyweights like Dangote Cement, BUA Cement, and Lafarge Africa also featured prominently, underscoring the renewed appetite for infrastructure-linked equities.
Meanwhile, small- to mid-cap stocks dominated the leaderboard by percentage change, with Academy Press Plc soaring 120.78%, followed by Associated Bus Company (99.59%), and UACN Plc (96.33%), reflecting growing speculative interest and optimism around operational turnaround stories.
The surge in these stock prices reflects broader market optimism, driven by corporate performance, macroeconomic stability, and improving investor sentiment across key sectors.
- Open: N87.2 | Close: N149 | Value Gain: N61.8 | % Change: +70.87%Â
With a 70.87% gain, Lafarge Africa posted one of the strongest monthly performances percentage-wise, rising from N87.2 to N149, an increase of N61.8.
The performance reflects a bullish shift toward building materials, bolstered by strong Q2 earnings and cost-efficiency gains. The firm appears to be rebounding as it implements cost-saving measures and improves local sourcing strategies.
