The Nigerian Trade Restricted (NGX) started the ultimate buying and selling week of October on a gentle bearish be aware, halting its four-day successful streak.
The All-Share Index (ASI) fell by 0.10% to shut at 155,496.15 factors, in comparison with 155,645.05 factors on the finish of the earlier session on October 24, 2025.
Consequently, the market capitalization declined barely by ₦95 billion, closing at ₦98.698 trillion, down from ₦98.793 trillion recorded on Friday.
The market pullback was primarily pushed by profit-taking actions in choose client and insurance coverage equities, whilst industrial, power, and tech-linked shares remained resilient.
Market Abstract
| Indicator | Earlier (Oct 24) | Present (Oct 27) | % Change |
|---|---|---|---|
| ASI (Factors) | 155,645.05 | 155,496.15 | -0.10% |
| Market Capitalization (₦) | 98.793 trillion | 98.698 trillion | -0.10% |
| Offers | 31,000 (approx.) | 39,972 | +29.0% |
| Quantity (Shares) | 1.21 billion | 503.00 million | -58.5% |
| Worth (₦) | 31.48 billion | 24.94 billion | -20.8% |
The combined begin to the week mirrored a rotational shift in investor sentiment, as market contributors locked in income following final week’s 4.48% rally. Whereas exercise ranges fell throughout main sectors, deal depend rose sharply by practically 30%, signaling continued participation from institutional traders in high-value transactions.
High Gainers
| Firm | Earlier (₦) | Present (₦) | Change (₦) | % Change |
|---|---|---|---|---|
| Aradel Holdings Plc | 790.00 | 869.00 | +79.00 | +10.00% |
| NEM Insurance coverage Plc | 30.00 | 32.90 | +2.90 | +9.67% |
| Aso Financial savings & Loans Plc | 0.66 | 0.72 | +0.06 | +9.09% |
| Eterna Plc | 40.00 | 43.50 | +3.50 | +8.75% |
| Chams Holding Firm Plc | 3.95 | 4.25 | +0.30 | +7.59% |
The day’s rally was anchored by Aradel Holdings (+10.00%), which prolonged its robust upward momentum from the prior week.
NEM Insurance coverage (+9.67%) gained amid renewed curiosity within the insurance coverage sector after earlier periods of correction, whereas Eterna Plc (+8.75%) benefitted from sustained demand within the oil and fuel sector.
Aso Financial savings & Loans Plc (+9.09%) continued its post-suspension rebound, attracting elevated retail consideration for a 3rd consecutive session.
High Losers
| Firm | Earlier (₦) | Present (₦) | Change (₦) | % Change |
|---|---|---|---|---|
| Deap Capital Administration & Belief Plc | 1.75 | 1.58 | -0.17 | -9.71% |
| Champion Breweries Plc | 16.60 | 15.00 | -1.60 | -9.64% |
| Lotus Halal ETF 15 | 77.00 | 70.00 | -7.00 | -9.09% |
| Pink Star Categorical Plc | 11.00 | 10.05 | -0.95 | -8.64% |
| Wapic Insurance coverage Plc | 3.10 | 2.90 | -0.20 | -6.45% |
The decliners’ listing was dominated by client and logistics shares, with Champion Breweries (-9.64%) main losses following final week’s features.
Lotus Halal ETF (-9.09%) remained unstable, mirroring latest fluctuations in Islamic-compliant funding merchandise.
Deap Capital and Pink Star Categorical additionally declined on mild quantity, signaling gentle promote stress in lower-tier equities.
High Traded Shares
| Firm | Quantity (Shares) | Worth (₦) |
|---|---|---|
| Entry Holdings Plc | 68,918,625 | 1,620,739,797.25 |
| FBN Holdings Plc | 66,571,538 | 2,089,453,626.85 |
| Common Insurance coverage Plc | 19,160,768 | 21,232,531.56 |
| Sovereign Belief Insurance coverage Plc | 19,089,177 | 73,972,796.60 |
| Zenith Bank Plc | 18,176,902 | 1,200,934,683.35 |
The monetary sector remained essentially the most lively, with Entry Holdings and FBN Holdings main each in quantity and worth. Collectively, they accounted for over 26% of whole market quantity.
This development displays institutional positioning in tier-one banking equities forward of their third-quarter earnings disclosures.
Fastened Earnings Market
| Instrument | Earlier (₦) | Present (₦) | Change (₦) |
|---|---|---|---|
| FGS202793 | 95.00 | 95.00 | 0.00 |
| FGS202886 | 80.00 | 80.00 | 0.00 |
| FGS202896 | 100.00 | 100.00 | 0.00 |
| FMN2029S2 | 100.00 | 100.00 | 0.00 |
| TSL2030S1 | 100.00 | 100.00 | 0.00 |
The bond market was secure with no value modifications throughout all listed devices, reflecting regular yields and restricted secondary market volatility.
Trade-Traded Funds (ETFs)
| ETF | Earlier (₦) | Present (₦) | Change (₦) |
|---|---|---|---|
| NEWGOLD | 52,500.00 | 55,555.00 | +3,055.00 |
| STANBICETF30 | 500.00 | 510.00 | +10.00 |
| VETGRIF30 | 55.00 | 59.00 | +4.00 |
| VETBANK | 16.40 | 17.10 | +0.70 |
| VETGOODS | 36.55 | 37.00 | +0.45 |
ETF efficiency was broadly optimistic, led by NEWGOLD (+5.82%), which benefitted from a modest uptick in world gold costs.
VETGRIF30 (+7.27%) and VETBANK (+4.27%) additionally superior, reflecting gentle accumulation in monetary and diversified ETF baskets.
Market Interpretation
The NGX recorded a gentle pullback of 0.10% after 4 straight periods of features, suggesting short-term profit-taking by merchants who capitalized on final week’s ₦4.23 trillion rally.
Regardless of the decline, the market remained structurally robust, with broad sectoral resilience in industrial, power, and technology-linked equities.
Key observations:
Buying and selling quantity declined 58%, suggesting lowered retail participation after prior heavy exercise.
Worth traded stayed comparatively excessive at ₦24.94 billion, supported by banking and industrial massive caps.
Market breadth closed barely unfavorable, with 5 main losers outnumbering 5 vital gainers in total market capitalization affect.
Outlook
Analysts anticipate a cautious rebound within the subsequent session, as traders react to:
Imminent launch of Q3 company earnings,
Sectoral rotation between financials and industrials, and
Potential moderation in profit-taking pressures.
The 155,000-point zone stays a key technical help degree for the NGX All-Share Index, and holding above this mark will possible maintain investor confidence via the ultimate week of October.
Abstract Snapshot
| Metric | October 27, 2025 |
|---|---|
| ASI | 155,496.15 (-0.10%) |
| Market Cap | ₦98.698 trillion |
| Quantity | 503.00 million shares |
| Worth | ₦24.94 billion |
| Offers | 39,972 |
| Sentiment | Mildly bearish as a result of profit-taking |
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