The Nigerian Trade Restricted (NGX) sustained its rebound on Thursday, November 13, 2025, as buyers continued to recuperate positions misplaced through the heavy selloff earlier within the week.
The All-Share Index elevated by 1.08% to settle at 146,981.17 factors, up from 145,403.83 factors recorded within the earlier session. Because of this, the market capitalization rose by roughly ₦1.0 trillion to shut at ₦93.48 trillion.
Thursday’s efficiency marked the second consecutive session of constructive sentiment pushed by renewed curiosity in insurance coverage, aviation dealing with and oil and gasoline equities, whereas banking shares remained the dominant contributors to general traded liquidity.
Nevertheless, regardless of the broad-based restoration, whole market turnover moderated in comparison with Wednesday’s session.
The quantity of shares traded declined from 806.40 million to 599.71 million shares, whereas the whole worth of transactions fell sharply from ₦50.78 billion to ₦22.70 billion throughout 23,675 offers. This means that though sentiment has improved, buyers stay cautious.
High Gainers
5 equities topped the day’s gainers’ record, all appreciating by virtually 10%:
| Firm | Earlier (₦) | Present (₦) | % Change |
|---|---|---|---|
| Linkage Assurance Plc | 1.60 | 1.76 | +10.00% |
| Custodian Funding Plc | 35.00 | 38.50 | +10.00% |
| Oando Plc | 39.60 | 43.55 | +9.97% |
| Legend Worldwide | 5.22 | 5.74 | +9.96% |
| NAHCO Plc | 96.90 | 106.55 | +9.96% |
The session noticed elevated demand for insurance coverage counters, whereas Oando prolonged its bullish run supported by vitality market repositioning. NAHCO continued to draw investor confidence within the rising aviation logistics sector.
High Losers
| Firm | Earlier (₦) | Present (₦) | % Change |
|---|---|---|---|
| Austin Laz & Firm Plc | 2.61 | 2.35 | -9.96% |
| Union Dicon Salt Plc | 7.75 | 7.00 | -9.68% |
| LOTUSHAL15 | 92.80 | 85.35 | -8.03% |
| Sterling Monetary Holdings | 7.75 | 7.30 | -5.81% |
| NGX Group Plc | 55.55 | 52.60 | -5.31% |
A mixture of profit-taking and weak sector sentiment contributed to the declines throughout industrial, meals processing and leasing-related securities.
Banking Shares Lead Market Liquidity
The banking sector maintained its function because the liquidity driver:
| High Traded Shares | Quantity | Worth (₦) |
|---|---|---|
| Wema Bank Plc | 98,434,830 | 1,948,700,426.80 |
| UBA Plc | 52,971,236 | 2,213,304,844.20 |
| Entry Holdings Plc | 50,886,902 | 1,174,696,242.40 |
| Fidelity Bank Plc | 41,198,563 | 783,968,569.05 |
| Zenith Bank Plc | 40,768,870 | 2,631,104,698.80 |
The sustained curiosity in tier-1 and mid-tier lenders displays investor deal with shares with stable earnings resilience and constant market exercise.
Mounted Earnings and ETFs Stay Engaging
Buyers prolonged positioning in different asset courses:
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FGS202791 gained considerably as demand for listed authorities financial savings bonds elevated.
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STANBICETF30 rose from ₦615.00 to ₦676.50, indicating persevering with desire for diversified publicity to large-cap equities.
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Average enhancements have been additionally recorded in MERVALUE, MERGROWTH and VETBANK.
Market Outlook
The back-to-back good points recorded on November 12 and 13 recommend a gradual sentiment restoration following the sharp decline earlier within the week. Nevertheless, the steep drop in worth traded in comparison with Wednesday signifies that the rebound stays measured and selective.
Analysts count on the market to proceed buying and selling in a blended sample as buyers assess ongoing earnings releases, macroeconomic indicators, and sector-specific information.
For now, renewed accumulation in insurance coverage, aviation dealing with, oil and gasoline and tier-1 banking shares could proceed to assist near-term stability within the equities market.