NGX Weekly Review: Strong Finish for Nigerian Stocks Ahead of Year End
Top Gainers and Losers for the Week
The Nigerian stock market wrapped up the trading week ending December 19, 2025, closing with positive gains in most key measures. The main market indicator, the NGX All-Share Index (ASI), finished higher at 152,057.38 points, up by a 1.76% gain, compared with the previous week’s close of 149,433.26 points. This reflects steady gains across the five trading days in the week.
The market capitalization rose to N96.937 trillion, from N95.26 trillion in the prior week, driven by rallies in large-cap stocks such as First HoldCo.
Investors showed renewed confidence, which helped push stock prices up consistently throughout the week. The ASI rose every day, with stronger gains especially from mid-week onward. By Friday, the index was comfortably above the 152,000 level, showing that buying pressure was stronger than selling pressure by the end of the week.
Trading activity also improved significantly. A large number of shares, about 9.8 billion, were traded during the week, which was more than double the 4.3 billion shares in the prior week.
Market Overview
The NGX Premium Index rose by 1.10% week on week, driven largely by a surge of 42.9%in First HoldCo, and The NGX 30 Index advanced by about 1.44%
During the week, 55 equities appreciated in price, 36 equities declined in price, while 55 equities remained unchanged.
Sectoral Performance
The Consumer Goods sector led the pack by a gain of 4.51%, driven by Guinness and Champion Breweries. The NGX Insurance Index posted a gain of 3.07% as SUNU Assurances Nigeria and Sovereign Trust Insurance advanced by 17.96% and 13.82%, respectively.
The Banking Index advanced by a 2.75% gain, on the back of First HoldCo’s strong rally. The NGX Industrial Goods Index also rose by 0.72%
In contrast, the Oil and Gas index dropped by 0.17%.
Market Analysis
ASI Weekly Close: 152,057.38 points
Market Capitalization: N96.937 trillion
Week-on-Week Change: 1.76%
Year-to-Date Return: 47.73%
Top Gainers
ALUMINIUM EXTRUSION IND. PLC. up 59.35%
MECURE INDUSTRIES PLC up 44.93%
FIRST HOLDCO PLC up 42.93%
GUINNESS NIG PLC up 33.01%
NPF MICROFINANCE BANK PLC up 20.65%
Top Losers
LIVINGTRUST MORTGAGE BANK PLC -11.38%
JAPAUL GOLD & VENTURES PLC -10.53%
INTERNATIONAL ENERGY INSURANCE PLC -9.92%
FTN COCOA PROCESSORS PLC -9.80%
STANBIC IBTC HOLDINGS PLC -9.33%.
The Nigerian stock market closed the last trading week on a positive note, with major NGX indices posting gains driven by strong performance in large-cap stocks. Consumer Goods stocks and Banking stocks led the rally, reflecting renewed investor confidence and increased market activity. Overall, the market showed healthy momentum as investors focused on fundamentally strong stocks.
