Trading activities on the Nigerian Exchange (NGX) closed on a slightly positive note on Tuesday, October 28, 2025, as investors exchanged 525.42 million shares valued at ₦25.39 billion in 32,385 deals.
According to trading data, this represents a 4% increase in trading volume and a 2% rise in turnover compared to the previous session on Monday, October 27, 2025.
However, the number of deals executed dropped by 19%, reflecting some investor caution amid a mix of gains and losses across key sectors.
The market capitalisation of the NGX stood at ₦98.6 trillion, indicating relative market stability despite varied performances among top movers.
Sovereign Trust Insurance Plc (SOVRENINS) emerged as the day’s best-performing stock, rising by 9.9% to close at ₦4.45 per share, up from its previous price of ₦4.05. The stock has recorded a remarkable 297% gain year-to-date, ranking ninth overall on the NGX in 2025. It has also appreciated by 48% over the past four weeks, making it the fourth-best-performing stock in that period.
Aso Savings & Loans Plc (ASOSAVINGS) followed closely with a 9.7% jump to ₦0.79 per share, compared to ₦0.72 in the previous session. The mortgage lender has gained 58% year-to-date, placing it 77th on the NGX performance chart.
Berger Paints Plc (BERGER) also impressed investors with a 9.3% surge to ₦42.50 per share, up from ₦38.90. The company has now gained 113% since the start of 2025, ranking 47th year-to-date, and has added 9% in the past four weeks, reflecting consistent investor confidence.
On the losing side, Livestock Feeds Plc (LIVESTOCK) led the chart with a 7.7% decline to ₦7.20 per share from its previous close of ₦7.80. Despite the day’s loss, the stock remains 74.8% higher year-to-date, ranking 65th overall on the NGX. However, the company’s shares have slipped 5% over the last month, signalling a short-term bearish trend.
Lasaco Assurance Plc (LASACO) also recorded a steep 8.6% decline, closing at ₦2.65 per share from ₦2.90. The stock has lost 14.2% of its value year-to-date, ranking 136th on the NGX, with an additional 11% drop recorded in the past four weeks.
McNichols Plc (MCNICHOLS) rounded off the list of top losers with an 8.8% fall to ₦3.00 per share from ₦3.29. Although the company’s shares are still 86.3% higher year-to-date, ranking 58th, they have declined by 17% in the past four weeks, showing signs of waning investor confidence.
The day’s trading data reflects mixed investor sentiment, as gains in high-performing stocks such as Sovereign Trust Insurance and Berger Paints helped offset declines in others like Lasaco Assurance and McNichols.
Analysts suggest that the modest increase in volume and turnover points to selective buying interest, particularly in the financial and industrial sectors. However, the decline in the number of deals could signal a cautious approach by investors ahead of key corporate earnings announcements.
The NGX’s overall performance indicates continued resilience, with several stocks showing strong year-to-date returns despite short-term volatility.
