The Nigerian All-Share Index (ASI) closed the week ended October 31 decrease, dropping 1,518.6 factors and bringing an finish to a seven-week profitable streak.
Beginning the week at 155,645.05, the index slipped to 154,126.46, representing a 0.98% decline amid decreased market exercise.
Buying and selling quantity moderated to 2.5 billion shares, down from 3.69 billion within the earlier week, whereas fairness capitalization additionally declined from N98.7 trillion to N97.8 trillion throughout 159,487 offers.
- Market breadth additionally weakened, as 29 equities appreciated in worth through the week, in comparison with 44 within the earlier week.
- Conversely, 70 equities declined, up from 49, whereas 47 closed unchanged.
Regardless of this pullback, the Nigerian inventory market stays firmly constructive year-to-date, with the All-Share Index posting a 49.74% achieve to date in 2025.
Market quantity and efficiency overview
The All-Share Index began the week within the pink, shedding 0.10% on Monday and an extra 0.09% on Tuesday.
The bearish momentum intensified midweek, because the index plunged by 1,092.3 factors on Wednesday, with the decline extending into Thursday.
Nevertheless, the market staged a light rebound on Friday, gaining 0.29% to shut the week.
Key highlights
- The NGX Premium Index slipped 1.02%, dragged by losses in Dangote Cement (-0.75%), UBA (-4.64%), Lafarge (-3.45%), and a 6.25% drop in Zenith Bank.
- In the meantime, NGX Most important Board Index fell 0.96%, and NGX 30 Index declined 0.73%.
Sectoral efficiency
The NGX Oil and Fuel Index was the lone gainer, rising 0.30% on the again of a formidable 11.87% surge in Oando.
- Conversely, the NGX Insurance coverage Index led the losers’ chart, down 3.47%, as AXA Mansard and Sunu Assurances Nigeria fell 13.75% and 13.27%, respectively.
- The NGX Shopper Items Index adopted, dropping 2.73%, with Cadbury Nigeria main the decline after dropping 13.72%.
- NGX Banking Index additionally weakened by 2.11%, pressured by losses throughout FUGAZ shares, whereas the NGX Industrial Items Index closed 1.02% decrease, extending the general market downturn.
Prime gainers
Main the pack was ASO SAVINGS AND LOANS PLC, which soared 56.06% week-to-date to shut at N1.03. JULIUS BERGER NIGERIA PLC adopted carefully with a 13.28% achieve, ending at N151.80.
Different main gainers included:
- Oando Plc: up 11.87% to N48.05
- Berger Paints Plc: up 9.25% to N42.50
- Ecobank Transnational Integrated: up 8.19% to N38.95
- Meyer Plc: up 6.95% to N16.15
- Worldwide Vitality Insurance coverage Plc: up 6.14% to N2.94
- Okomu Oil Palm Plc: up 5.88% to N1,080.00
- Stanbic IBTC Holdings Plc: up 4.48% to N112.00
- Tantalizers Plc: up 4.35% to N2.40
Prime losers
On the flip aspect, OMATEK VENTURES PLC led the laggards, shedding 21.94% week-to-date to shut at N1.21, adopted by JOHN HOLT PLC, which dropped 16.92% priced at N5.40.
Different notable decliners had been:
- Caverton Offshore Help Group Plc: down 16.15% to N5.45
- Nigerian Aviation Dealing with Firm Plc: down 15.90% to N105.00
- eTranzact Worldwide Plc: down 15.33% to N12.70
- AXA Mansard Insurance coverage Plc: down 13.75% to N13.80
- Cadbury Nigeria Plc: down 13.72% to N62.55
- Chams Holding Firm Plc: down 13.67% to N3.41
- Sunu Assurances Nigeria Plc: down 13.27% to N4.51
- Legend Web Plc: down 13.06% to N5.26
Company actions overview
The week was marked by a number of key company disclosures, significantly an outpouring of economic statements from firms listed on the NGX.
- Transcorp, BUA Cement, Dangote Cement, Ecobank, Livestock Feeds, GTCO, Chemical & Allied, and VFD Group launched their monetary statements for Q3 ended September 30, 2025.
- Airtel Africa revealed its half-year outcomes.
- Berger Paints, Unilever, Seplat, Aradel, and UAC additionally launched their Q3 2025 monetary statements.
- TotalEnergies, Wema Bank, Eterna, Sterling, Fidson, MTN, UBA, Beta Glass, BUA Meals, FirstHoldco, Champion, and Conoil all reported outcomes for a similar interval.
Market outlook
Regardless of the weekly decline, the Nigerian All-Share Index stays on a robust bullish trajectory above the 150,000-mark, as traders proceed to determine engaging counters.
Optimistic sentiment following the Q3 earnings releases, particularly amongst large-cap firms, is predicted to assist additional upward motion within the index.