By Seun Ibiyemi
Investors in the Nigerian equities market gained a massive N4.2 trillion in the just-ended trading week, as the market recorded gains in all five trading sessions, a rare perfect week of bullish momentum.
The equity market capitalisation surged to N98.7 trillion, while the All-Share Index (ASI) appreciated by 4.48 per cent, closing the week at 155,645.05 points, up from 148,977.64 points recorded in the previous week.
The rally began on Monday, October 20, 2025, when investors gained N611 billion, setting a positive tone for the week.
The upward trend continued on Tuesday, with a further gain of N962.31 billion, and extended into Wednesday, as investors pocketed N1.45 trillion in value.
The momentum remained strong on Thursday, when investors gained N478 billion, and concluded on a high note on Friday, with another N736 billion added to market capitalisation.
Market activity also saw a significant boost in turnover. A total of 3.695 billion shares worth N129.889 billion were traded in 148,077 deals, compared to 2.422 billion shares valued at N76.618 billion exchanged the previous week in 126,591 deals.
The Financial Services Industry led the activity chart with 2.362 billion shares worth N54.380 billion traded in 63,561 deals, accounting for 63.91 per cent and 41.87 per cent of the total equity turnover volume and value, respectively.
It was followed by the Oil and Gas Industry, which recorded 551.517 million shares worth N19.208 billion in 10,539 deals, while the Consumer Goods Industry came third with 180.904 million shares valued at N13.276 billion in 19,428 deals.
The top three actively traded stocks by volume were Fidelity Bank Plc, Japaul Gold and Ventures Plc, and Access Holdings Plc, which together accounted for 1.808 billion shares worth N27.893 billion in 10,817 deals, representing 48.94 per cent and 21.47 per cent of total turnover volume and value, respectively.
In terms of price movement, 44 equities appreciated during the week, lower than 52 recorded the previous week. Meanwhile, 49 equities declined, up from 41, while 53 equities remained unchanged.
Aso Savings and Loans Plc topped the gainers’ chart with a 32.00 per cent increase, followed by Aradel Holdings Plc, which rose 25.20 per cent, and Eunisell Interlinked Plc, which gained 19.73 per cent.
On the losers’ side, Livingtrust Mortgage Bank Plc led with a 10.89 per cent drop, followed by Juli Plc and RT Briscoe Plc, which lost 9.94 per cent and 9.84 per cent, respectively.
Market analysts attributed the week’s rally to renewed investor confidence, strong earnings releases, and positive macroeconomic sentiment driving demand for equities across key sectors.