
Nigeria’s stock market ended the week of September 19, 2025, on a positive note, with investors gaining N822 billion in market capitalization amid renewed interest in key equities across major sectors.
Data from the Nigerian Exchange Limited (NGX) showed that market capitalization rose by 0.92 percent, climbing from N88.922 trillion the previous week to N89.744 trillion. The All-Share Index also gained 1,299.66 points, closing at 141,845.35 compared with 140,545.69 the prior week.
Despite the gains, overall trading activity slowed. A total of 2.735 billion shares, valued at N85.197 billion, changed hands in 127,284 transactions, down from 3.188 billion shares worth N99.685 billion traded in 132,711 deals the previous week.
The financial services sector dominated trading, accounting for 1.909 billion shares worth N37.834 billion, representing 69.79% of total volume and 44.41% of total value.
The ICT sector followed with 184.87 million shares worth N6.189 billion, while the services sector recorded 176.51 million shares valued at N813.25 million.
Abbey Mortgage Bank, Fidelity Bank, and United Bank for Africa were the most actively traded stocks, collectively accounting for 875.82 million shares worth N16.417 billion, representing 32.02% of total volume and 19.27% of total value.
The highest single-day trading volume occurred on September 17, with 1.004 billion shares worth N24.65 billion traded across 23,272 transactions.
Market breadth was mixed, with 40 stocks gaining compared to 70 the previous week, while 41 declined, up from 22 previously. Guinness Nigeria led the gainers, rising 28.60% to N183.90 per share, followed by Multiverse Mining and Exploration (+21.30%) and Eunisell Interlinked (+20.28%).
Among notable losers, Omatek Ventures fell 18.18% to N1.08, Cornerstone Insurance declined 15.42%, and United Bank for Africa dropped 9.24% to N44.20 per share.
In other market segments, Exchange Traded Products (ETPs) recorded 107,552 units worth N15.023 million, while the bond market traded 44,730 units valued at N46.727 million. Sector performance was mixed: the consumer goods index rose 5.48% and the oil and gas index climbed 2.79%, while the banking, insurance, premium, and CG indices recorded declines.
Afrinvest analysts expect the upward momentum to continue, provided there are no negative shocks to the market.