Nigerian Stock Exchange Surges 0.86% as Seplat Energy Leads Gainers
The Nigerian Stock Exchange (NSE) witnessed a surge in activity on October 6, 2025, with the All-Share Index rising by 1,238.7 points to close at 144,822.8. This 0.86% increase was driven by strong performances from several stocks, despite International Energy Insurance Plc (INTENEGINS) and McNichols Plc being the top losers of the day.
The market saw a significant rise in market capitalization, reaching N91.92 trillion across 35,490 deals. The daily trading volume stood at 519 million shares. Notably, Ellah Lakes Plc and Chams Plc were the most active stocks by trading volume. However, it was Presco, Transnational Corp Of Nigeria, and Stanbic IBTC Bank that saw the highest trading volumes on the day, with Presco performing particularly well.
On the gainers' side, Seplat Energy Plc and AXA Mansard Insurance Plc led the pack, each appreciating by 10%. Seplat Energy, a large-cap stock, rallied strongly and contributed significantly to the index's gain. Despite these positives, INTENEGINS and McNichols Plc were the top losers, falling by 8.42% and 8.31% respectively.
The Nigerian Stock Exchange closed October 6, 2025, on a positive note, with a year-to-date performance of the index at +40.71%. GTCO led in trading value with N1.9 billion worth of trades. This renewed investor confidence suggests a positive outlook for the Nigerian stock market.
