October 02, (THEWILL) — The Nigerian stock market sustained its sure trajectory on Thursday, October 2, 2025, closing the session on a extra impregnable display as investors turned around into decide mid- and abundant-cap counters. The All-Portion Index (ASI) evolved from 142,710.Forty eight facets to 142,979.46 facets, whereas market capitalisation furthermore most current from N90.58 trillion to N90.75 trillion, adding about N171 billion in payment.
Market direct mirrored a wholesome breadth, with 34 gainers towards 26 losers, underscoring tough buying hobby in user goods, oil & gasoline, and settle financial names, whereas profit-taking dragged some insurance protection and industrial shares decrease. The general momentum facets to a resilient equities market that continues to arrangement portfolio repositioning.
Top Performing Stocks:
Main the pack of gainers changed into PZ Cussons, which most current by 10.00% (N34.50 → N37.95), reflecting tough investor straggle for food for user staples.
Eterna followed carefully with a 9.94% upward thrust (N33.70 → N37.05), buoyed by renewed inquire of in the downstream oil & gasoline station.
Champion Breweries gained 9.82% (N13.75 → N15.10), as hobby in brewery shares bolstered.
Other well-known advances came from Tantalizer, up 5.96% (N2.35 → N2.49), and AIICO Insurance protection, which rose 5.43% (N3.50 → N3.69).
Declining Stocks:
On the losers’ chart changed into RT Briscoe, which led with a -9.89% drop (N3.74 → N3.37), followed by Thomas Wyatt, down -9.82% (N3.97 → N3.58).
The insurance protection sector changed into hit hardest, with Sovereign Insurance protection sliding -9.33% (N3.00 → N2.72).
Global Vitality Insurance protection shedding -7.78% (N3.34 → N3.08).
Within the industrial station, Berger Paints dipped -7.18% (N39.00 → N36.20), reflecting profit-taking pressures.
Unchanged Stocks
Within the period in-between, loads of counters closed flat, including John Holt Plc, FTN Cocoa Processors, Julius Berger, Global Breweries, and BUA Meals, suggesting mixed investor positioning within these sectors.
Market Health, Drivers, and Sentiment:
Overall, the market remained wholesome and resilient, with sure breadth and life like sectoral rotation. Gains in user goods and energy shares supplied the clutch that balanced out weak point in insurance protection and industrial names.
Riding factors incorporated reduce rate-making an are trying by retail and institutional investors, stronger liquidity flows into mid-cap shares, and a cautious but making improvements to macroeconomic outlook that is boosting self belief in equities as an sleek asset class.
Investor sentiment continues to lean cautiously optimistic, with merchants selectively positioning in shares with tough fundamentals and earnings doable. The sure close no matter promoting tension in some segments signifies a market that is sustaining momentum, aided by active sector rotation and renewed straggle for food for negate-pushed performs.
Ogochukwu Onwaeze
