The Nigerian Exchange (NGX) closed the trading week ended Friday, October 10, 2025, on a positive note as the All-Share Index (ASI) rose by 2.37% to settle at 146,988.04 points from 143,584.04 points recorded in the previous week.
The market capitalization also advanced by approximately ₦2.09 trillion to close the week at ₦93.30 trillion, driven by sustained investor interest in blue-chip and industrial stocks.
Market Activity Overview
Market participation slowed compared to the previous week as a total of 2.286 billion shares valued at ₦90.28 billion were traded in 138,177 deals, lower than 8.403 billion shares worth ₦115.50 billion exchanged in 115,801 deals the prior week.
The Financial Services Industry maintained its dominance, leading the activity chart with 1.355 billion shares valued at ₦24.59 billion in 59,553 deals, accounting for 59.28% and 27.23% of the total equity turnover volume and value, respectively. The ICT Industry followed with 182.82 million shares worth ₦7.81 billion, while the Agriculture Industry ranked third with 181.50 million shares worth ₦3.55 billion.
Top traded equities for the week were Ellah Lakes Plc, Chams Holding Company Plc, and Fidelity Bank Plc, which together accounted for 430.97 million shares worth ₦5.60 billion in 10,254 deals, contributing 18.86% to the total traded volume.
Equity Turnover Summary
| Date |
Deals |
Turnover Volume |
Turnover Value (₦) |
Advancers |
Decliners |
Unchanged |
| Oct 6, 2025 |
35,467 |
519,904,809 |
14,536,202,078.34 |
49 |
23 |
56 |
| Oct 7, 2025 |
30,665 |
507,400,852 |
24,283,270,400.92 |
39 |
34 |
54 |
| Oct 8, 2025 |
25,571 |
525,700,056 |
13,594,364,199.82 |
29 |
34 |
67 |
| Oct 9, 2025 |
24,661 |
346,947,832 |
27,416,736,879.20 |
32 |
21 |
76 |
| Oct 10, 2025 |
21,813 |
385,579,768 |
10,449,005,329.63 |
25 |
25 |
77 |
Index Performance
The NGX recorded broad-based growth across most sectors, with the Premium, Industrial Goods, and Insurance indices posting strong advances. Out of the 22 indices tracked, 17 gained, 3 declined, and 2 closed flat.
| Index |
03/10/25 |
10/10/25 |
Change |
% Change |
YtD (%) |
| All-Share Index |
143,584.04 |
146,988.04 |
+3,404.00 |
+2.37 |
42.81 |
| Premium Index |
13,725.92 |
14,712.18 |
+986.26 |
+7.19 |
51.36 |
| Industrial Goods |
5,077.71 |
5,292.32 |
+214.61 |
+4.23 |
48.15 |
| Insurance |
1,212.76 |
1,257.46 |
+44.70 |
+3.69 |
75.13 |
| Banking |
1,526.68 |
1,520.43 |
-6.25 |
-0.41 |
40.19 |
| ASeM |
1,538.10 |
1,392.88 |
-145.22 |
-9.44 |
-12.05 |
The NGX Premium Index led the week with a 7.19% gain, followed by the Industrial Goods Index (+4.23%) and the Insurance Index (+3.69%). Conversely, the Banking Index fell 0.41%, while the ASeM Index declined 9.44%, reflecting mild profit-taking in select sectors.
Exchange-Traded Products (ETPs)
Trading in the ETP segment recorded a modest increase, as 189,351 units valued at ₦17.28 million were exchanged in 272 deals, compared with 154,584 units worth ₦23.31 million traded in 222 deals the prior week.
Majorly traded instruments included LOTUSHAL15, VETINDETF, and STANBICETF30, representing the bulk of investor activity.
Bonds Market
In the bond market, a total of 64,033 units valued at ₦77.67 million were traded in 13 deals, compared to 75,196 units valued at ₦73.98 million the week before. The most active instruments were FGS202766, FGSUK2033S6, and FGSUK2032S5, accounting for most of the traded volume.
Top Gainers
| Company |
Open (₦) |
Close (₦) |
Change (₦) |
% Change |
| Sovereign Trust Insurance Plc |
2.75 |
3.21 |
+0.46 |
+16.73% |
| Omatek Ventures Plc |
1.22 |
1.37 |
+0.15 |
+12.30% |
| AXA Mansard Insurance Plc |
14.40 |
16.10 |
+1.70 |
+11.81% |
| Chams Holding Company Plc |
3.85 |
4.30 |
+0.45 |
+11.69% |
| Eunisell Interlinked Plc |
39.50 |
44.00 |
+4.50 |
+11.39% |
| Cutix Plc |
3.51 |
3.90 |
+0.39 |
+11.11% |
| MTN Nigeria Communications Plc |
425.00 |
471.00 |
+46.00 |
+10.82% |
| Seplat Energy Plc |
5,379.30 |
5,917.20 |
+537.90 |
+10.00% |
| SFS REIT |
346.55 |
381.10 |
+34.55 |
+9.97% |
| Deap Capital Management & Trust Plc |
1.64 |
1.80 |
+0.16 |
+9.76% |
Top Losers
| Company |
Open (₦) |
Close (₦) |
Change (₦) |
% Change |
| LivingTrust Mortgage Bank Plc |
6.09 |
5.20 |
-0.89 |
-14.61% |
| Neimeth International Pharmaceuticals Plc |
6.75 |
6.01 |
-0.74 |
-10.96% |
| UH Real Estate Investment Trust |
57.60 |
51.85 |
-5.75 |
-9.98% |
| Meyer Plc |
16.75 |
15.10 |
-1.65 |
-9.85% |
| Juli Plc |
9.90 |
8.95 |
-0.95 |
-9.60% |
| PZ Cussons Nigeria Plc |
41.70 |
38.15 |
-3.55 |
-8.51% |
| Haldane McCall Plc |
4.44 |
4.12 |
-0.32 |
-7.21% |
| Thomas Wyatt Nigeria Plc |
3.24 |
3.01 |
-0.23 |
-7.10% |
| e-Tranzact International Plc |
16.00 |
15.00 |
-1.00 |
-6.25% |
| Associated Bus Company Plc |
4.30 |
4.05 |
-0.25 |
-5.81% |
Critical Overview
The Nigerian equities market sustained its positive momentum for the second consecutive week, supported by strong buying pressure in the Premium, Industrial, and Insurance sectors.
The overall sentiment remained bullish, with 51 gainers outpacing 41 losers, while 55 equities remained unchanged.
Despite reduced transaction volume, the increase in market value highlights growing demand for high-cap stocks and sectoral diversification.
The Year-to-Date (YTD) return strengthened to 42.81%, positioning the NGX for continued resilience heading into the final quarter of 2025.
