Market Review for the week ended September 19th, 2025
The market sustained its bullish run from the previous week, ending the week on a positive note. The NGX All-Share Index (NGX-ASI) gained 0.92% week-on-week to close at 141,845.35 points, compared to 140,545.69 points in the previous week, as investors continued to take positions ahead of interim dividend declarations by listed companies. Consequently, the year-to-date (YtD) return stood at 37.81%. Similarly, market capitalization advanced by 0.92%, settling at ₦89.74 trillion, up from ₦88.92 trillion recorded in the prior week.
A total turnover of 2.74 billion shares worth ₦85.20 billion in 127,284 deals was recorded on the NGX during the week. This represented week-on-week declines of 14.11% in volume, 14.54% in value, and 4.09% in the number of deals, compared to the previous week’s 3.19 billion shares worth ₦99.69 billion in 132,711 deals. Sectoral performance was mixed across the tracked indices: the NGX Consumer Goods Index gained 5.48%, the Oil & Gas Index advanced 2.79%, and the Industrial Goods Index inched up 0.05%. On the other hand, the Banking Index and Insurance Index declined by 2.57% and 4.67% respectively.
The market’s positive momentum was underpinned by strong performances in select equities. GUINNESS (+28.60%), MULTIVERSE (+21.30%), EUNISELL (+20.28%), E-TRANZACT (+11.71%), and CHELLARAM (+9.77%) led the gainers’ chart. On the flip side, OMATEK was the week’s biggest decliner, shedding 18.18% WoW.
Top 5 Price Gainers
| Security | Previous Close | Close Price | Gain | Change % |
| GUINNESS | 143.00 | 183.90 | 40.90 | 28.60 |
| MULTIVERSE | 11.50 | 13.95 | 2.45 | 21.30 |
| EUNISELL | 25.40 | 30.55 | 5.15 | 20.28 |
| ETRANZACT | 14.95 | 16.70 | 1.75 | 11.71 |
| CHELLARAM | 13.30 | 14.60 | 1.30 | 9.77 |
Top 5 Price Losers
| Security | Previous Close | Close Price | Loss | Change % |
| OMATEK | 1.32 | 1.08 | -0.24 | -18.18 |
| CORNERST | 7.33 | 6.20 | -1.13 | -15.42 |
| NSLTECH | 0.86 | 0.75 | -0.11 | -12.79 |
| ROYALEX | 2.30 | 2.04 | -0.26 | -11.30 |
| UBA | 48.70 | 44.20 | -4.50 | -9.24 |
