During the recently concluded trading week, investors saw a remarkable increase of N1.1 trillion as the total equity market capitalization surged to N91.1 trillion.
All four trading days posted positive results, despite the market observing a recess on Wednesday, October 1, 2025, in honor of the nation’s Independence Day holiday declared by the Federal Government.
Market capitalization rose from N89.9 trillion the previous week to N91.1 trillion, reflecting a robust growth in investor confidence.
Correspondingly, the All-Share Index (ASI) climbed by 1.02%, closing at 143,584.04 points compared to 142,133.03 points recorded the week before.
The week kicked off on a strong note on Monday, September 29, 2025, with investors gaining N154.76 billion by the end of trading.
Positive momentum continued into Tuesday, September 30, 2025, as the market added N465.88 billion within just five hours of trading.
Following the midweek public holiday, trading resumed on Thursday, October 2, 2025, with investors netting an additional N170.71 billion.
The week wrapped up on Friday, October 3, 2025, with a further gain of N383.72 billion, keeping the market firmly in the green.
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Throughout the week, a total of 8.403 billion shares valued at N115.501 billion exchanged hands across 115,801 transactions on the Exchange floor. This contrasts with the previous week’s 7.684 billion shares worth N494.126 billion traded in 116,645 deals.
The Financial Services sector dominated trading activity by volume, accounting for 7.750 billion shares valued at N88.153 billion across 54,074 deals. This represented 92.24% of total equity turnover volume and 76.32% of turnover value.
Next in line was the Information and Communication Technology (ICT) sector, with 181.005 million shares traded, worth N4.077 billion in 9,364 transactions.
The Consumer Goods sector ranked third, recording a turnover of 126.554 million shares valued at N6.274 billion through 14,261 deals.
The top three most actively traded stocks by volume-Cornerstone Insurance Plc, Fidelity Bank Plc, and United Bank for Africa Plc-accounted for 6.525 billion shares worth N52.699 billion in 8,820 deals. These represented 77.66% of total equity turnover volume and 45.63% of turnover value.
Price movements showed 53 equities appreciating during the week, up from 32 the previous week. Meanwhile, 43 stocks declined, a decrease from 51 last week, and 51 equities remained unchanged, down from 64.
Eterna Plc led the gainers with a remarkable 32.80% increase in share price, followed by Nigerian Enamelware Plc, which rose by 20.94%.
PZ Cussons Nigeria Plc also posted a significant gain, with its share price climbing 20.87%.
On the downside, Julius Berger Nigeria Plc experienced the steepest drop, falling 17.79%, while International Energy Insurance Plc declined by 11.08%.
Union Dicon Salt Plc also saw its share price decrease by 10.00%.
By: Babajide Okeowo
