Nigerian Equities Market Update – September 25, 2025
The Nigerian equities market closed positive today, as the NGX All-Share Index (ASI) gained 0.31%, ending the session at 141,157.49 points compared to the previous close of 140,716.10 points. This pushed the year-to-date return higher to 36.81%, showing strong momentum for investors.
Trading activity also improved across the board. The volume of shares traded rose by 10.52% to 421.51 million units, up from 381.40 million units in the last session. Similarly, market turnover – the total value of shares exchanged – increased by 10.89% to ₦16.85 billion compared to ₦15.20 billion previously. The number of deals executed on the Exchange stood at 18,993 transactions.
Market breadth was positive at 1.61x, reflecting a stronger presence of gainers in the session. Specifically, 37 stocks advanced while 23 stocks declined. In terms of trading participation, 73 companies recorded higher volumes, while 64 companies saw lower volumes compared to the previous day.
Top Gainers Over the Past 5 Days
The standout performer was Lotus Halal Equity ETF (LOTUSHAL15), which surged by over 21% in five trading days and gained nearly 10% just today, closing at ₦83.45. Mecure Industries (MECURE) also delivered a remarkable run, climbing more than 20% in the same period and closing today at ₦26.10.
Other notable gainers included Thomas Wyatt (THOMASWY), Chellarams Plc (CHELLARAM), Stanbic ETF 30 (STANBICETF30), NSL Tech (NSLTECH), Custodian Investment Plc (CUSTODIAN), McNichols Plc (MCNICHOLS), Oando Plc (OANDO), and Neimeth International (NEIMETH), all of which posted strong multi-day gains.
On the day’s session specifically, Oando rose by 9.50% to close at ₦49.00, McNichols advanced 9.31% to ₦3.64, and Chams gained 9.24% to finish at ₦3.43.
Top Losers Over the Past 5 Days
On the downside, Eterna Plc (ETERNA) was the worst hit, falling by 10% in five days and also leading the day’s losers with a drop to ₦27.90. Deap Capital (DEAPCAP) and Wema Bank (WEMABANK) also suffered, with Wema sliding by 9% in the same period.
Other laggards over the past five days included Caverton Offshore (CAVERTON), Vetiva Industrial ETF (VETINDETF), May & Baker (MAYBAKER), Guinea Insurance (GUINEAINS), Regency Alliance (REGALINS), VFD Group (VFDGROUP), and Consolidated Hallmark Holdings (CONHALLPLC).
In today’s session, Sovereign Trust Insurance (SOVRENINS) dropped by 4.84% to ₦2.95, while TIP fell 3.84% to ₦12.02. Caverton also lost ground, declining by 3.76% to ₦6.40, and Fidson Healthcare (FIDSON) closed the day weaker by 3.72% at ₦41.40.
Currency Market
On the currency front, the Naira strengthened slightly against the U.S. Dollar, appreciating by 0.37% (₦5.60).
In summary: The NGX continues its bullish run with strong investor sentiment, positive breadth, and heavy interest in both industrial and energy stocks. The gains in Lotus Halal ETF and Mecure Industries reflect momentum-driven plays, while Eterna and some insurers are seeing profit-taking.
The Nigerian equities market closed positive today, as the NGX All-Share Index (ASI) gained 0.31%, ending the session at 141,157.49 points compared to the previous close of 140,716.10 points. This pushed the year-to-date return higher to 36.81%, showing strong momentum for investors.
Trading activity also improved across the board. The volume of shares traded rose by 10.52% to 421.51 million units, up from 381.40 million units in the last session. Similarly, market turnover – the total value of shares exchanged – increased by 10.89% to ₦16.85 billion compared to ₦15.20 billion previously. The number of deals executed on the Exchange stood at 18,993 transactions.
Market breadth was positive at 1.61x, reflecting a stronger presence of gainers in the session. Specifically, 37 stocks advanced while 23 stocks declined. In terms of trading participation, 73 companies recorded higher volumes, while 64 companies saw lower volumes compared to the previous day.
Top Gainers Over the Past 5 Days
The standout performer was Lotus Halal Equity ETF (LOTUSHAL15), which surged by over 21% in five trading days and gained nearly 10% just today, closing at ₦83.45. Mecure Industries (MECURE) also delivered a remarkable run, climbing more than 20% in the same period and closing today at ₦26.10.
Other notable gainers included Thomas Wyatt (THOMASWY), Chellarams Plc (CHELLARAM), Stanbic ETF 30 (STANBICETF30), NSL Tech (NSLTECH), Custodian Investment Plc (CUSTODIAN), McNichols Plc (MCNICHOLS), Oando Plc (OANDO), and Neimeth International (NEIMETH), all of which posted strong multi-day gains.
On the day’s session specifically, Oando rose by 9.50% to close at ₦49.00, McNichols advanced 9.31% to ₦3.64, and Chams gained 9.24% to finish at ₦3.43.
Top Losers Over the Past 5 Days
On the downside, Eterna Plc (ETERNA) was the worst hit, falling by 10% in five days and also leading the day’s losers with a drop to ₦27.90. Deap Capital (DEAPCAP) and Wema Bank (WEMABANK) also suffered, with Wema sliding by 9% in the same period.
Other laggards over the past five days included Caverton Offshore (CAVERTON), Vetiva Industrial ETF (VETINDETF), May & Baker (MAYBAKER), Guinea Insurance (GUINEAINS), Regency Alliance (REGALINS), VFD Group (VFDGROUP), and Consolidated Hallmark Holdings (CONHALLPLC).
In today’s session, Sovereign Trust Insurance (SOVRENINS) dropped by 4.84% to ₦2.95, while TIP fell 3.84% to ₦12.02. Caverton also lost ground, declining by 3.76% to ₦6.40, and Fidson Healthcare (FIDSON) closed the day weaker by 3.72% at ₦41.40.
Currency Market
On the currency front, the Naira strengthened slightly against the U.S. Dollar, appreciating by 0.37% (₦5.60).
In summary: The NGX continues its bullish run with strong investor sentiment, positive breadth, and heavy interest in both industrial and energy stocks. The gains in Lotus Halal ETF and Mecure Industries reflect momentum-driven plays, while Eterna and some insurers are seeing profit-taking.