Market Review for the week ended 31st October, 2025
The Nigerian Exchange (NGX) All-Share Index (ASI) declined by 0.98% week-on-week, closing at 154,126.46 points compared to 155,645.05 points in the previous week. Consequently, the year-to-date (YtD) return stood at 49.74%. Similarly, market capitalization decreased by 0.98%, settling at ₦97.83 trillion, down from ₦98.79 trillion recorded in the preceding week.
A total turnover of 7.48 billion shares, valued at ₦145.43 billion, was traded in 159,487 deals on the NGX during the week. This represents a 102.14% increase in volume, an 11.96% rise in value, and a 7.71% uptick in the number of deals compared to 3.70 billion shares worth ₦129.89 billion exchanged across 148,077 deals in the previous week. Sectoral performance was broadly negative across the tracked indices, except for the NGX Oil & Gas Index, which appreciated by 0.30%. The NGX Banking Index declined by 2.11%, the NGX Insurance Index fell by 3.47%, the NGX Consumer Goods Index dipped by 2.73%, while the NGX Industrial Goods Index depreciated by 1.02%.
Although the market closed the week on a bearish note, there were notable performances across select equities. ASOSAVINGS (+56.06%), Julius Berger Nigeria Plc (+13.28%), Oando Plc (+11.87%), Berger Paints (+9.25%), and Ecobank Transnational Incorporated (ETI) (+8.19%) emerged as the top gainers. In contrast, Omatek Ventures Plc ranked as the week’s worst-performing stock, declining by 21.94% week-on-week.
Top 5 Price Gainers
| Security | Previous Close (₦) | Close Price (₦) | Gain (₦) | Change (%) |
| ASOSAVINGS | 0.66 | 1.03 | 0.37 | 56.06 |
| JBERGER | 134.00 | 151.80 | 17.80 | 13.28 |
| OANDO | 42.95 | 48.05 | 5.10 | 11.87 |
| BERGER | 38.90 | 42.50 | 3.60 | 9.25 |
| ETI | 36.00 | 38.95 | 2.95 | 8.19 |
Top 5 Price Losers
| Security | Previous Close (₦) | Close Price (₦) | Loss (₦) | Change (%) |
| OMATEK | 1.55 | 1.21 | -0.34 | -21.94 |
| JOHNHOLT | 6.50 | 5.40 | -1.10 | -16.92 |
| CAVERTON | 6.50 | 5.45 | -1.05 | -16.15 |
| NAHCO | 124.85 | 105.00 | -19.85 | -15.90 |
| ETRANZACT | 15.00 | 12.70 | -2.30 | -15.33 |
