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TOP GAINERS
|
Company |
Close |
Change |
Potential Reasons |
Sector |
|
MANSARD |
15.84 |
1.44 |
Positive investor sentiment following improved insurance earnings and stronger H1 performance. |
Insurance |
|
SEPLAT |
5917.2 |
537.9 |
Gains driven by rising global oil prices and strong production outlook; renewed investor confidence in energy stocks. |
Oil & Gas |
|
SFSREIT |
381.1 |
34.55 |
Increase linked to strong demand for stable dividend-paying real estate investments. |
Real Estate (REIT) |
|
ELLAHLAKES |
14.81 |
1.34 |
Uptrend due to renewed investor interest after reports of expansion in agricultural operations. |
Agriculture |
|
CHAMS |
4.23 |
0.38 |
Sustained momentum from growth in fintech and ID management business activities. |
ICT / Technology |
|
OMATEK |
1.34 |
0.12 |
Modest recovery amid renewed optimism in local tech manufacturing stocks. |
ICT / Technology |
|
SOVRENINS |
3.02 |
0.27 |
Gradual appreciation following improved sentiment in the insurance sector. |
Insurance |
|
DAARCOMM |
1.13 |
0.1 |
Slight uptick from increased media activity and retail investor positioning. |
Media / Communication |
|
AUSTINLAZ |
3.49 |
0.3 |
Positive movement reflecting steady investor accumulation in industrial services. |
Industrial Goods |
|
LIVINGTRUST |
6.6 |
0.51 |
Uptrend driven by strong performance in Q2 banking results and increased loan portfolio growth. |
Banking / Financial Services |
Summary Insight
- Biggest Gainer: SEPLAT (+₦537.9) – buoyed by global oil market strength.
- Sector Leaders: Oil & Gas, Real Estate, and Insurance stocks showed the strongest performance.
- Market Tone: Bullish sentiment persisted as investors diversified into defensive and income-generating stocks.
Top 5 Potential Stocks to Watch
- SEPLAT – Strong momentum from oil price rebound and production optimism.
- SFSREIT – Consistent capital appreciation with attractive dividend yield.
- MANSARD – Insurance sector resilience and steady profit growth.
- LIVINGTRUST – Expanding financial services footprint and improved earnings.
- CHAMS – Growing traction in fintech and digital ID solutions.
Top 5 Penny Stocks to Watch
- CHAMS – ICT growth and investor interest sustaining price momentum.
- SOVRENINS – Steady recovery in insurance sector could support short-term upside.
- DAARCOMM – Gradual rebound with potential for media sector repositioning.
- OMATEK – Re-emerging ICT manufacturer benefiting from digital adoption.
- AUSTINLAZ – Industrial services play with gradual accumulation signs.
TOP LOSERS
|
Company |
Close |
Change |
Potential Reasons |
Sector |
|
INTENEGINS |
2.72 |
-0.25 |
Profit-taking after previous sessions’ gains in the insurance counter. |
Insurance |
|
MCNICHOLS |
3.2 |
-0.29 |
Mild correction following earlier uptrend in consumer goods stocks. |
Consumer Goods |
|
THOMASWY |
2.99 |
-0.25 |
Selling pressure as investors lock in recent profits. |
Conglomerates |
|
BERGER |
37 |
-2.7 |
Pullback after a sustained rally; likely sector rotation in industrial goods. |
Industrial Goods |
|
ABCTRANS |
4.05 |
-0.25 |
Price dip amid low trading volumes in transport sector stocks. |
Transportation |
|
CILEASING |
6 |
-0.2 |
Minor correction on low investor demand and market adjustment. |
Services / Leasing |
|
ARADEL |
630 |
-20.1 |
Heavy sell-off after profit-taking in oil and gas majors; sector volatility. |
Oil & Gas |
|
TIP |
14.1 |
-0.4 |
Correction due to reduced speculative activity in investment stocks. |
Financial Services |
|
IKEJAHOTEL |
19.5 |
-0.5 |
Decline due to weak short-term investor sentiment in hospitality. |
Hospitality / Services |
|
RTBRISCOE |
3.59 |
-0.08 |
Slight dip reflecting low activity in auto trading segment. |
Industrial Goods / Auto |
Market Losers Summary
The Nigerian Exchange (NGX) closed the session on a mildly bearish note as several stocks witnessed price declines driven largely by profit-taking and sector rotation. The downturn was led by ARADEL, which shed ₦20.10 to close at ₦630.00 following heavy sell-offs in the oil and gas space. BERGER also recorded a notable dip of ₦2.70, reflecting reduced investor appetite in the industrial goods sector after previous gains.
In the financial and services sectors, TIP, CILEASING, and INTENEGINS experienced slight losses as traders booked profits from earlier rallies. IKEJAHOTEL weakened by ₦0.50 amid cooling sentiment in the hospitality segment, while MCNICHOLS and THOMASWY posted marginal declines due to limited demand in the consumer and conglomerate spaces.
ABCTRANS and RTBRISCOE also slipped modestly, reflecting subdued activity in transport and auto-related stocks. Overall, the day’s movement suggests a healthy market correction as investors adjusted positions after a series of bullish sessions, with particular pressure seen in oil, industrial, and insurance counters.
Disclaimer: This analysis is based on historical data and is for informational purposes only. It is not financial advice. You should consult with a qualified financial advisor before making any investment decisions.