SEPLAT, ACCESSCORP, UBA Boost NGX as ASI Nears N80 Trillion

The Nigerian Exchange (NGX) sustained its bullish momentum on Monday, July 14, 2025, as key players including SEPLAT, ACCESSCORP, and United Bank for Africa (UBA) powered a market rally that pushed the All-Share Index (ASI) closer to the N80 trillion threshold.

Trading closed with robust investor activity in the banking and energy sectors, reinforcing the upward trajectory that has characterized the market for over a week. SEPLAT emerged as the day’s highest performer by trading value, reflecting heightened institutional interest in energy stocks amid ongoing macroeconomic reforms. ACCESSCORP led in trading volume, underscoring growing confidence in banking equities as investors reposition their portfolios in anticipation of Q2 earnings.

UBA, alongside other financial heavyweights, also contributed significantly to the surge, buoyed by increased demand and strategic sectoral reallocation by fund managers.

Market analysts attribute the sustained rally to improving investor sentiment driven by foreign exchange stability, positive economic indicators, and anticipation of corporate earnings reports. The streak marks the seventh consecutive session of gains, consolidating the NGX’s position as one of Africa’s standout performing bourses in 2025.

As the ASI edges closer to N80 trillion in market capitalization, stakeholders remain optimistic about the market’s resilience and capacity to attract both domestic and foreign investment flows in the second half of the year.