The Nigerian Exchange (NGX) concluded trading on a remarkably positive note on Thursday, November 13, 2025, delivering excellent news for investors. The market extended its gains from the previous session, resulting in a significant surge in wealth.
Market Performance Highlights
Data released by the NGX confirmed a robust trading day. The All-Share Index (ASI), a key indicator of market health, appreciated by 1.08%. It closed at 146,981.17 points, a substantial rise from the 145,403.83 points recorded the day before.
More impressively, the market capitalisation, which represents the total value of all listed companies, witnessed a monumental leap. It grew by a staggering N1 trillion to settle at ₦93.48 trillion. This impressive growth pushed the year-to-date (YTD) return to 42.80%, signalling strong and sustained investor confidence in the equities market.
Top Performers and Key Stocks
The day's bullish run was propelled by sustained investor interest in several major blue-chip companies. A handful of stocks led the charge on the gainers' table, posting near 10% increases.
Custodian Investment Plc and Oando Plc were among the standout performers, each recording significant gains. Nigerian Aviation Handling Company Plc (NAHCO) also saw a impressive rise, adding N9.65 to its share price. Other notable gainers included Zenith Bank Plc and NCR Nigeria Plc, highlighting a broad-based interest across sectors.
On the flip side, the market also had its losers. Stocks like Austin Laz & Company Plc and Northern Nigeria Flour Mills Plc experienced declines, but the overall market sentiment remained overwhelmingly positive.
Trading Activity and Volume Analysis
Analysis of the trading volume and value provides further insight into market dynamics. Wema Bank Plc emerged as the most active stock by volume, with an impressive 98,434,830 units traded.
It was closely followed by banking giants United Bank for Africa Plc and Access Holdings Plc. In terms of value, Zenith Bank Plc led the pack, recording trades worth ₦2.63 billion, underscoring its heavyweight status on the exchange. Stanbic IBTC Holdings Plc and United Bank for Africa Plc also featured prominently in the high-value trades.
This positive market performance offers a welcome development for the investment community, contrasting with recent reports of naira depreciation in the official foreign exchange market.
