The Nigerian All-Share Index (ASI) closed the trading week ended October 10, 2025, firmly in the green, surging by 3,404.00 points.
This marks a 2.37% weekly gain, as the index jumped from 143,584.04 to 146,988.04, driven largely by strong performances in heavyweight stocks such as MTN, Seplat, and Dangote Cement, each gaining over 9%.
Despite the upbeat momentum, overall market volume dipped slightly, sliding from 2.9 billion to 2.2 billion shares, even as trading activity remained robust.
Meanwhile, market capitalization mirrored the price gains, rising to N93.2 trillion across 138,177 deals, compared to N91.13 trillion recorded in the previous week.
Market breadth also showed improvement:
On a month-to-date basis, the index has advanced by 3.00%, bringing its year-to-date performance to a strong 42.81%.
The Nigerian All-Share Index (ASI) closed every trading day of the week in positive territory, sustaining a strong bullish momentum.
The NGX Premium Index recorded a strong 7.19% gain, driven by notable increases in MTN NIGERIA (+10.82%), SEPLAT (+10%), DANGOTE CEMENT (+9.50%), and LAFARGE (+2.73%).
The NGX 30 Index rose by 2.44%, while the NGX Main Board Index edged higher by 0.05%.
Leading the charge, the NGX Industrial Goods Index advanced 4.23%, driven by a 9.50% surge in DANGOTE CEMENT, a 2.73% rise in LAFARGE, and an impressive 11.11% climb in CUTIX.
Conversely, the NGX Banking Index emerged as the only laggard, slipping 0.41% for the week.
Leading the pack was SOVEREIGN TRUST INSURANCE PLC, which soared 16.73% week-to-date to close at N3.21, marking a standout performance. OMATEK VENTURES PLC followed closely with a 12.30% gain, finishing at N1.37.
Other major gainers included:
On the flip side, LIVINGTRUST MORTGAGE BANK PLC led the laggards, shedding 14.61% week-to-date to close at N5.20. NEIMETH INTERNATIONAL PHARMACEUTICALS PLC followed with a 10.96% drop to N6.01.
Other notable decliners were:
The week featured several notable corporate disclosures and sector-wide developments:
The week featured several notable corporate disclosures and sector-wide developments:
The All-Share Index has returned to a strong bullish mode, recording new highs above 146,500, while market capitalization, now above N93 trillion, edges closer to the N100 trillion mark.
Sustained momentum in large-cap stocks could further drive this rally, especially as sentiment builds around third-quarter earnings releases.