Best Performing Nigerian Stocks for the Week Ended October 17, 2025
The Nigerian Exchange (NGX) ended the week on a bullish note, with the All-Share Index (ASI) climbing by 1,989.60 points to close at 148,977.64, marking a 1.35% weekly gain. From an opening level of 146,988.04, the market pushed past key resistance levels at 147,000 and 148,000, supported by strong performances from Dangote Cement, Lafarge Africa, and other large-cap stocks.
Trading activity also picked up, as investors exchanged 2.4 billion shares worth billions of naira across 126,591 deals, compared to 2.2 billion shares the previous week. Meanwhile, total market capitalization rose to N94.5 trillion, up from N93.2 trillion.
Investor confidence remained positive throughout the week, with 52 gainers, 41 decliners, and 53 unchanged equities. So far in October, the NGX has gained 4.39% month-to-date and 44.74% year-to-date.
Weekly Market Highlights
The All-Share Index posted gains in four of the five trading sessions:
- Monday: +729 points
- Tuesday: -6.3 points
- Wednesday: +31 points
- Thursday & Friday: continued bullish momentum, pushing the index above 148,000.
Key Sectoral Performances:
- NGX Premium Index: +1.65%, led by Dangote Cement (+4.35%), Lafarge (+4.27%), FirstHoldCo (+1.29%), and MTN Nigeria (+0.72%).
- NGX 30 Index: +1.43%
- NGX Main Board: +1.21%
Sector Performance Breakdown
- Industrial Goods Index: +2.79%, driven by Dangote Cement, Lafarge, and BUA Cement.
- Insurance Index: +2.56%, boosted by Sovereign Trust Insurance, Universal Insurance, and Prestige Assurance.
- Consumer Goods Index: +1.93%, led by Vitafoam (+7.41%).
- Oil & Gas Index: +0.04%.
- Banking Index: the only decliner, down 0.13%.
Top 10 Gainers
| Company | % Change | Closing Price |
|---|---|---|
| Sovereign Trust Insurance Plc | +11.21% | N3.57 |
| Royal Exchange Plc | +11.11% | N2.40 |
| Eunisell Interlinked Plc | +10.00% | N48.40 |
| SFS REIT | +9.88% | N418.75 |
| Omatek Ventures Plc | +9.49% | N1.50 |
| Transcorp Power Plc | +8.92% | N342.00 |
| Stanbic IBTC Holdings Plc | +8.26% | N118.00 |
| Universal Insurance Plc | +8.11% | N1.20 |
| Vitafoam Nig Plc | +7.41% | N87.00 |
| Prestige Assurance Plc | +6.51% | N1.80 |
Top 10 Losers
| Company | % Change | Closing Price |
|---|---|---|
| Tripple Gee & Company Plc | -18.84% | N4.91 |
| Academy Press Plc | -17.92% | N7.88 |
| Regency Assurance Plc | -13.94% | N1.42 |
| LivingTrust Mortgage Bank Plc | -13.46% | N4.50 |
| Industrial & Medical Gases Nig Plc | -9.87% | N32.40 |
| Sunu Assurances Nig Plc | -9.01% | N5.25 |
| UACN Plc | -8.53% | N66.50 |
| Austin Laz & Company Plc | -7.94% | N2.90 |
| Ellah Lakes Plc | -7.20% | N13.40 |
| Chams Holding Company Plc | -6.98% | N4.00 |
Corporate Disclosures and Updates
- Transcorp Power Plc, Royal Exchange Plc, and Austin Laz Plc released their Q3 2025 financial reports.
- Geregu Power Plc appointed StructureHQ as its new company secretary.
- Okomu Oil Plc and Infinity Trust Mortgage Bank Plc also published Q3 statements.
- BUA Foods Plc announced a possible delay in submitting its Q3 report due to internal data migration.
Market Outlook
The Nigerian stock market continues to demonstrate resilience, with bullish momentum fueled by blue-chip stocks and improving investor sentiment. As more Q3 earnings are released, analysts expect positive results to sustain buying interest and push the All-Share Index even higher in the coming week.
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