Investors on the Nigerian Stock Exchange on Wednesday, September 17, 2025, recorded a total gain of ₦309 billion as 26 stocks appreciated in value.
The All Share Index (ASI) rose by 489.45 points, a 0.35% increase, closing at 142,036.23 points, while market capitalization climbed to ₦89.87 trillion.
Leading the gainers was Aradel Holdings, which saw a 6.97% increase, followed by Guinness Nigeria, Dangote Cement, First Holdco, and Chellarams. Despite the gains, 32 stocks declined, and 97 remained unchanged, showing a mixed market breadth.
Trading activity also picked up, with a total of 1 billion shares valued at ₦24.66 billion exchanged across 23,281 deals. Analysts attributed the market rally to exchange rate stability and the search for higher yields in the capital market.
Kasimu Garba Kurfi, CEO of APT Securities and Funds Limited, said:
“In 2025, we have seen zero FX losses due to exchange rate stability, and this has significantly boosted investor confidence.”
Aruna Kebira of Globalview Capital Limited added:
“The yields in the money market are not looking as attractive as they were in 2024, making discerning investors in search of better yields consider the capital market as their investment destination.”
The Nigerian stock market continues to show strong performance in 2025, with year-to-date returns hitting 38%, reflecting growing investor optimism.
