The Nigerian stock market closed February 2025 on a positive note, with the All-Share Index rising 3.18% to reach 107,821.39 points by month-end, up from 104,496.12 points at the beginning of the month. This gain was driven primarily by steady performance in mid-cap stocks.

Despite the index growth, trading volume declined to 9.2 billion shares, representing a 27.30% decrease from January's 12.6 billion shares. Market capitalization, however, showed robust growth, increasing from N64.7 trillion to N67.1 trillion during the month.

Market Performance

The market maintained positive momentum throughout most of February, with the All-Share Index surging above 108,000 points in the second week. After moderate gains in the third week, the index retreated slightly in the final week, closing at 107,821 points.

Key Highlights

The NGX Premium Index recorded a notable 7.43% gain, boosted by DANGOTE CEMENT's impressive 20%+ increase, alongside smaller advances in LAFARGE and MTNN. The NGX 30 Index also posted a 1.55% increase.

Sectorial Performance

The Industrial Goods Index emerged as the standout performer, climbing 10% on the back of substantial gains in DANGOTE CEMENT and BETAGLASS. The Consumer Goods Index also performed well, rising by 1.70%.

In contrast, the Oil & Gas Index declined by 4%, dragged down by OANDO's 15.13% drop. The Banking and Insurance sectors also fell, slipping by 2.07% and 0.87% respectively.

Top Gainers

PZ CUSSONS led the gainers with a remarkable 53.91% increase, closely followed by UPDC at 53.48%. Other significant gainers included ETERNA (52.17%), HONEYWELL FLOUR MILLS (43.00%), and LIVESTOCK (40.19%).

Top Losers

UNION DICON SALT topped the losers' list with a 28% decline, matched by LEARN AFRICA's identical 28% drop. Other notable decliners included EUNISELL INTERLINKED (27%), UNIVERSITY PRESS (18.75%), and DARRCOMM (17.95%).​​​​​​​​​​​​​​​​