Investors Stay Bullish as Confidence Deepens

Image Credit: Oilprice.com

October 16, 2025/United Capital Report

Equities Market Summary

Today, the Nigerian Stock Exchange Market closed on a positive note following share price appreciation in DANGCEM (+2.42%) and WAPCO (+2.31%). As a result, the benchmark All-Share Index (NGX-ASI) rose by 0.41%, closing at 148,355.04 points.

Year-to-date returns strengthened to close at 44.14%, while market capitalisation closed at N94.17tn. Activity level in the market climbed with the total value and volume of stocks traded rising by 35.47% and 11.13% to settle at N16.91bn and 432.43mn units respectively.

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