06/10/2025
WEEKLY MARKET REPORT FOR THE WEEK ENDED 3RD OCTOBER, 2025.
NGX ASI RESERVES PRECEDING WEEK'S BULLISH FORM AS ASI ADVANCED BY 1.02%, MAKING A FOUR WEEKS BULLISH RUN.
The Nigerian equities market sustained its bullish form into the fourth week, making a four consecutive bullish weeks.
The NGX All-Share Index (ASI) appreciated slightly by 1.02%, closing at 143,584.04 points, up from 142,133.02 points the previous week with a weekly change of 1,451.01bps.
The Bear held the week from Monday through Wednesday and rebounded on Thursday and Friday as the reversed set the domestic bourse on positive path.
The reason for the bullish Sentiment was due to the increased activity in the oil and gas, industrial goods, banking, and consumer goods sectors as ETERNA led the oil and gas with over 35% gain WTD. PZ, CHAMS, FIDELITY BANK, EUNISELL all on the Gainers list with over 18% gain WTD.
Secondly, the Institutions witnessed improved share price as their value grew due to the recent H1 2025 interim dividends declared and also Q2 2025 results which sets the general on positive trajectory.
On Sectorial Performance:
The NGX OIL & GAS, GROWTH, and INDUSTRIAL GOODS were the top three gainers with 5.68%, 3.59% and 1.66% gain respectively.
Others were the NGX Mainboard, Pension and Banking with 1.57%, 1.26% and 1.17% gain as mixed sentiment traded across most sectors.
On the flip side,
The NGX Insurance and Premium were the only two losers as they fell by -2.02%, and -0.05% respectively.
Equity investors gained ₦1.175 Trillion as Market capitalisation increased to N91.135trn, compared to N89.96trn the week before.
ASI currently stands at 0.61%MTD, 0.61% QTD and 39.50%YTD..
📌 On Market Activities:
The activity recorded mixed reactions as the; Volume of trades increased by 9% from 8.403 billion shares it recorded the last week to 7.684 billion shares in the preceding week.
On the contrary;
The Turnover plummeted by 77% from ₦115.501
