Insurance Stocks Are Running the Show — NGX’s Hottest Index
If you’ve been watching the market heatmap, you already know: insurance is 2025’s surprise superstar.
While the NGX All-Share Index crawled up a respectable +35.03% YTD, the NGX Insurance Index is flexing with a massive +78.13%. Yes, more than double the market average.
Winners Circle
Sovereign Trust Insurance: +14.23% in August alone — cheap stock, big momentum.
Cornerstone Insurance: +12.36% — proving the reforms aren’t just talk.
The Losers (or at least, the laggards)
The index did dip slightly at the end of August (1,279.00 points), showing that profit-taking is real.
Short-term traders might feel the sting on red days, but long-term holders? Still smiling.
What’s Driving the Upsurge?
Bargain-basement stock prices that leave room to run.
Game-changing sector reforms under the new Insurance Act.
Foxxymobile’s Insider Take
This is not just a rally — it’s a sector-wide re-rating. Insurance stocks are no longer the market’s sleepy corner. If the trend holds, 2025 could turn insurers into portfolio heroes.
Bottom line: Stay nimble, lock in profits where it makes sense, but don’t sleep on the insurance sector’s long-term upside.
Foxnews
52 days agoInsurance Stocks Are Running the Show — NGX’s Hottest Index
If you’ve been watching the market heatmap, you already know: insurance is 2025’s surprise superstar.
While the NGX All-Share Index crawled up a respectable +35.03% YTD, the NGX Insurance Index is flexing with a massive +78.13%. Yes, more than double the market average.
Winners Circle
Sovereign Trust Insurance: +14.23% in August alone — cheap stock, big momentum.
Cornerstone Insurance: +12.36% — proving the reforms aren’t just talk.
The Losers (or at least, the laggards)
The index did dip slightly at the end of August (1,279.00 points), showing that profit-taking is real.
Short-term traders might feel the sting on red days, but long-term holders? Still smiling.
What’s Driving the Upsurge?
Bargain-basement stock prices that leave room to run.
Strong corporate earnings powering investor confidence.
Game-changing sector reforms under the new Insurance Act.
Foxxymobile’s Insider Take
This is not just a rally — it’s a sector-wide re-rating. Insurance stocks are no longer the market’s sleepy corner. If the trend holds, 2025 could turn insurers into portfolio heroes.
Bottom line: Stay nimble, lock in profits where it makes sense, but don’t sleep on the insurance sector’s long-term upside.