The Nigerian All-Share Index closed the trading week ended October 3, 2025, on a positive note, gaining 1,451.01 points to settle at 143,584.04, with ETERNA and NIGERIAN ENAMELWARE topping the charts.
This represents a 1.02% increase, up from 142,133.03 in the previous week, driven by strong rallies in select oil and gas stocks, and pushing the year-to-date performance to 39.50%.
Market activity remained healthy, with 2.95 billion shares traded during the week, a slight dip from 2.99 billion shares recorded in the prior week.
Despite the softer volume, market capitalization climbed to N91.13 trillion, compared to N89.96 trillion the week before, reflecting sustained investor confidence.
Market breadth also improved notably.
Every trading day in the week ended October 3 closed in the green, extending the market’s positive momentum.
Despite the overall bullish tone of the market, the NGX Premium Index slipped slightly by 0.05%, dragged by a 4.23% decline in UBA and under-3% losses in LAFARGE and ZENITH BANK.
Meanwhile, the NGX 30 Index advanced 1.07%, while the NGX Main Board Index posted a stronger 1.57% gain.
On the flip side, the NGX Insurance Index slipped 2.02%, ending the week in negative territory.
Leading the pack was ETERNA PLC, which soared 32.80% week-to-date to close at N37.05, marking a standout performance. NIGERIAN ENAMELWARE PLC followed closely with a 20.94% gain, finishing at N42.45.
Other major gainers included:
On the flip side, JULIUS BERGER NIG. PLC led the laggards, shedding 17.79% week-to-date to close at N122.90. INTERNATIONAL ENERGY INSURANCE PLC followed with an 11.08% drop to N2.97.
The week featured several notable corporate disclosures and sector-wide developments:
The Nigerian All-Share Index has reclaimed the 143,000 level, reflecting renewed optimism as bullish momentum strengthens in the oil and gas sector.
Investor interest is gradually returning to large-cap stocks that had been declining or relatively quiet in recent weeks.
If this trend continues, the index could edge closer to the 145,000-mark in the near term.
If this trend continues, the index could edge closer to the 145,000-mark in the near term.