NGX Market Opens Week Strong with ₦465bn Gain as Insurance, Industrial Stocks Rally

The Nigerian Exchange Limited (NGX) kicked off the new trading week on a bullish note, recording a ₦465 billion gain in market capitalisation on Monday, October 14, 2025. The impressive performance was largely driven by renewed investor interest in insurance and industrial stocks, reflecting growing optimism ahead of third-quarter earnings releases.

At the close of trading, the NGX’s market capitalisation climbed to ₦93.8 trillion, up from ₦93.35 trillion recorded last Friday. Similarly, the All-Share Index (ASI) rose by 729.17 points, or 0.5%, to settle at 147,717.21 points. Analysts say the steady momentum signals a rebound in investor confidence, particularly in defensive sectors such as insurance and manufacturing.

Leading the day’s gainers, Sovereign Trust Insurance saw a 9.97% jump to close at ₦3.53 per share, followed by Transcorp Power with an 8.92% rise to ₦342. Other top performers included Consolidated Hallmark Holdings (+7.14%), Haldane McCall (+6.8%), Custodian Investment, and Stanbic IBTC Holdings, which all contributed to the market’s upbeat tone. On the flip side, Regency Alliance Insurance led the losers’ chart with a 17.58% decline, while Triple Gee & Co., Wema Bank, and LivingTrust Mortgage Bank also recorded modest losses.

Trading activity was vibrant, with 624.58 million shares worth ₦13.47 billion exchanged across 31,531 deals — marking a 62% jump in volume and a 29% increase in turnover compared to the previous session. Consolidated Hallmark Holdings topped the volume chart with 210.46 million shares worth ₦909.65 million, while MTN Nigeria led in trade value at ₦2.62 billion. Other active stocks included Zenith Bank, GTCO, and Fidelity Bank, showing robust participation from both institutional and retail investors.

Across major indices, the Insurance Index surged 2.11%, the Industrial Index rose 0.66%, and the Premium Index gained 0.5%, while Consumer Goods edged up by 0.23%. With a one-week gain of 2%, a four-week gain of 5.1%, and a year-to-date return of 43.52%, the NGX continues to demonstrate resilience. Market analysts attribute the upbeat sentiment to strong third-quarter earnings expectations and investors’ preference for value-driven, defensive stocks amid ongoing macroeconomic reforms.

source: punch