The Nigerian Exchange (NGX) All-Share Index (ASI) surged by 4.48% to close the week at a historic high of 155,645.05 points, breaching the 155,000 mark for the first time, fueled primarily by strong performance in industrial goods and oil/gas stocks.
The Nigerian Exchange (NGX) All-Share Index (ASI) ended the trading week of October 24, 2025, with a massive 4.48% increase, closing at a historic high of 155,645.05 points.
This marks the first time in history the index has crossed both the 150,000 and 155,000 levels, lifting the year-to-date gain to an impressive 51.22%.
The rally was primarily driven by major gains in blue-chip stocks, including Aradel, BUA Cement, Dangote Cement, MTN, and Lafarge. Market capitalization grew to N98.7 trillion, inching closer to the N100 trillion milestone.
Sectoral performance was led by the NGX Industrial Goods Index, which advanced due to a 12.5% jump in BUA Cement and a 10.83% gain in Dangote Cement. The NGX Oil and Gas Index was also strong, surging 9.13% on a 25.2% jump in Aradel. Conversely, the NGX Banking and NGX Insurance indices closed lower.
Leading individual gainers was ASO SAVINGS AND LOANS PLC, which soared 32.00% week-to-date. Trading volume was upbeat, with 3.6 billion shares exchanged, up from 2.4 billion shares the previous week.