MARKET OVERVIEW & WEEKLY COMMENTARY: 6th–10th JULY 2026
The NGX week of 6–10 July 2026 marked a meaningful recovery across a broad range of sectors, with the gainers table showing the
strongest collective performance in several weeks. International Breweries PLC led all movers with a +40.00% surge to ₦13.30 one of
the largest single-week gains for a consumer beverages stock this year followed by RT Briscoe (+32.02%), Livestock Feeds (+28.47%),
and First HoldCo (+25.82% to ₦69.20). Crucially, Aradel Holdings PLC rebounded powerfully with a +19.67% gain to ₦1,526.80 after
last week’s -19.00% decline, confirming that the energy sector is tracking the oil price recovery in near real-time. Abbey Mortgage Bank
(+23.65%), UPDC REIT (+22.41%), Honeywell Flour Mill (+21.43%), FTN Cocoa (+21.13%), and C&I Leasing (+19.63%) rounded out
a week of broad-based recovery across consumer, financial, real estate, and industrial names. On the decliners side, McNichols PLC
reversed its prior-week gains with a -28.57% drop to ₦5.00, while Geregu Power shed -10.00% to ₦825.70, CAP PLC continued its
extended retracement at -9.99% to ₦157.60, and Guinness Nigeria declined -9.99% to ₦329.00. Ecobank Transnational (-9.98%) and
Mecure Industries (-9.96%) also featured
