The Nigerian stock market closed the last trading session of the week on a positive note, as the benchmark All-Share Index (ASI) advanced by 0.54% to settle at 146,988.04 points, bringing the market capitalization to ₦93.3 trillion.
At the close of trading on Friday, October 10, 2025, investors exchanged a total of 385.58 million shares valued at ₦10.45 billion in 21,813 deals. This represented an 11% improvement in trading volume, despite a 62% decline in turnover and a 12% drop in the number of deals compared to Thursday’s session.
A total of 127 equities participated in trading, with 24 gainers and 25 losers, indicating a mixed market sentiment.
Dangote Cement Plc led the gainers’ chart, appreciating by 6.48% to close at ₦575.00 per share, buoyed by renewed investor interest in the industrial heavyweight. It was followed by N.E.M. Insurance Company with a 5.23% gain, Jaiz Bank (+4.65%), and FTN Cocoa Processors (+3.57%).
On the losing side, Union Homes Real Estate Investment emerged as the worst performer, shedding 9.98% to close at ₦51.85 per share, followed by Meyer Plc (-9.85%), Sterling Bank (-9.58%), and Cornerstone Insurance Company (-6.9%).
In terms of market activity, Fidelity Bank topped the volume chart with 47.3 million shares, followed by Chams Plc (38.5 million), Japaul Gold and Ventures (21.8 million), and Zenith Bank (18.2 million shares).
Performance across sectoral indices was largely positive, with notable improvements in key market benchmarks. The NGX Top 30 Index rose by 0.57%, the NGX Industrial Index advanced by 2.84%, and the NGX Premium Index gained 1.83%.
On a year-to-date basis, the market maintained a strong upward trajectory, with the All-Share Index up by 42.81%, while the Consumer Goods Index recorded a remarkable 98.04% growth. Other major indices also posted impressive year-to-date gains: NGX Pension Index (+52.26%), NGX Premium Index (+51.36%), and NGX Industrial Index (+48.15%).
However, the NGX Banking Index dipped slightly by 0.08%, extending its weekly decline to 0.41%, though it still holds a solid 40.19% year-to-date gain.
Market analysts say the resilience of blue-chip stocks such as Dangote Cement, coupled with sustained retail activity in the banking and insurance sectors, continues to drive market stability. As the market heads into the final quarter of 2025, investors are expected to maintain cautious optimism, particularly ahead of the next round of corporate earnings releases.
