Top-Performing Nigerian Stocks This Week: Dangote Cement, Lafarge, and Insurance Firms Lead NGX Rally
The Nigerian stock market closed the week on a positive note, with the All-Share Index (ASI) climbing by 1.35% to finish at 148,977.64 points on October 17, 2025. The rally, which added 1,989.60 points to the benchmark index, was powered by gains in heavyweight stocks such as Dangote Cement, Lafarge Africa, and several insurance firms. The week’s performance reflected renewed investor confidence and an upbeat sentiment across key sectors, marking a continuation of the market’s strong run this quarter.
Market activity remained vibrant as investors exchanged 2.4 billion shares worth billions of naira across 126,591 deals, surpassing the 2.2 billion shares traded the previous week. Market capitalization also expanded significantly to ₦94.5 trillion, compared to ₦93.2 trillion a week earlier. Investor appetite stayed strong with 52 gainers, 41 losers, and 53 unchanged stocks, while the All-Share Index has now gained 4.39% month-to-date and an impressive 44.74% year-to-date, underscoring a resilient bull trend in 2025.
Across sectoral indices, the NGX Industrial Goods Index led the charge, rising 2.79% on the back of strong performances from Dangote Cement (+4.35%), Lafarge Africa (+4.27%), and BUA Cement (+0.63%). The Insurance Index followed with a 2.56% gain, lifted by Sovereign Trust Insurance, Universal Insurance, and Prestige Assurance, while the Consumer Goods Index advanced 1.93%, buoyed by a sharp 7.41% surge in Vitafoam Nigeria. The only laggard was the Banking Index, which slipped 0.13%, reflecting profit-taking in a few Tier-1 banks.
The week’s top performers included Sovereign Trust Insurance Plc, which jumped 11.21% to close at ₦3.57, and Royal Exchange Plc, which gained 11.11% to ₦2.40. Other notable gainers were Eunisell Interlinked Plc (+10.00%), SFS REIT (+9.88%), Omatek Ventures Plc (+9.49%), and Transcorp Power Plc (+8.92%). On the losing side, Tripple Gee & Co. Plc fell 18.84% to ₦4.91, followed by Academy Press Plc (-17.92%) and Regency Assurance Plc (-13.94%), highlighting mixed outcomes for investors across sectors.
In the corporate space, several firms released their Q3 2025 financial results, with Transcorp Power Plc, Royal Exchange Plc, and Austin Laz & Co. Plc among the key reporters. Geregu Power Plc also announced StructureHQ as its new company secretary, while BUA Foods Plc disclosed a potential delay in filing its Q3 report due to internal data migration. Looking ahead, analysts expect the market to maintain its positive momentum as more companies publish strong earnings, potentially driving the NGX to new highs in the coming trading sessions.
source: Nairametrics