The Nigerian stock market kicked off the week on a bullish note as the All-Share Index surged by 729.2 points, closing at 147,717.2 on Monday, October 13, 2025. This represents a 0.50% gain from Friday’s close of 146,988.1. The rally was largely driven by impressive performances from Transcorp Power and Stanbic IBTC, which helped lift investor sentiment and reassert the market’s positive momentum.
Market capitalization also rose in tandem, climbing from N93.2 trillion to N93.7 trillion, reflecting growing investor confidence across key sectors. Trading activity intensified as total volume jumped to 624 million shares, nearly double the previous session’s 385 million. Analysts attributed this uptick to renewed interest in energy and banking stocks, particularly among local institutional investors seeking value plays in the power and financial sectors.
Leading the gainers’ chart were Sovereign Insurance (SOVRENINS) and Regency Alliance Insurance (REGALINS), which advanced 9.97% and 9.68% respectively. Transcorp Power also stood out with an 8.92% rise to N342.00, cementing its position as one of the day’s strongest performers. On the downside, Tripple Gee (TRIPPLEG) and LivingTrust Mortgage Bank (LIVINGTRUST) led the losers, shedding 9.92% and 3.85% respectively as profit-taking hit select counters.
In terms of activity, CONHALL PLC dominated trade with over 210 million shares exchanged, followed by Fidelity Bank and CHAMS with 47.4 million and 43.9 million shares, respectively. MTN Nigeria led in value traded at N2.6 billion, while Zenith Bank and GTCO recorded N1.4 billion and N1.03 billion, underscoring the dominance of large-cap stocks in driving liquidity on the NGX.
Meanwhile, Stocks Worth Over One Trillion Naira (SWOOTs) — including Transcorp Power, Dangote Cement, and Nigerian Breweries — maintained strong positions, with most closing in positive territory. Among tier-one banks (FUGAZ), performance was mixed: Access Holdings and First Bank Holdings gained modestly, while GTCO and Zenith Bank closed lower. Overall, analysts project that continued gains in mid- and large-cap stocks could sustain the bullish rally, pushing the market toward new highs in the coming sessions.
source: Nairametrics