Nigerian equities rally as SEPLAT, MANSARD hit limit-up; ASI climbs 1,238 points to 144,822

The New Diplomat
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By Obinna Uballa

The Nigerian Exchange closed in positive territory on Monday, October 6, 2025, with the All-Share Index (ASI) advancing by 1,238.7 points to 144,822.8, lifted by a strong rally in large cap stocks led by Seplat Energy Plc.

The performance reflects a 0.86 percent rise from 143,584.1 points recorded in the previous session, signaling renewed investor confidence across key sectors. Market capitalisation also increased, settling at N91.92 trillion compared to N91.13 trillion the prior day.

Trading activity moderated slightly as investors exchanged 519.9 million shares across 35,490 deals, lower than the 544 million shares recorded in the previous session.

Gainers and losers

Seplat and AXA Mansard Insurance Plc topped the gainers’ chart, each appreciating by the 10 percent daily limit to close at N5,917.20 and N15.84, respectively. SFS Real Estate Investment Trust rose 9.97 percent to N381.10, Ellah Lakes gained 9.95 percent to N14.81, while Chams advanced 9.87 percent to N4.23.

On the flip side, International Energy Insurance Plc shed 8.42 percent to close at N2.72, McNichols dropped 8.31 percent to N3.20, Thomas Wyatt fell 7.72 percent to N2.99, Berger Paints lost 6.80 percent to N37.00, and ABC Transport dipped 5.81 percent to N4.05.

Volume and value drivers
Ellah Lakes led the activity chart with 80 million shares traded, followed by Chams (30.2 million), SterlingNG (24.7 million), Custodian Investment (21.8 million), and GTCO (20 million).

By value, GTCO topped with trades worth N1.9 billion, trailed by Seplat (N1.6 billion), Aradel Holdings (N1.2 billion), Ellah Lakes (N1.18 billion), and Zenith Bank (N1.11 billion).

SWOOTs performance

Among Stocks Worth Over One Trillion Naira (SWOOTs), performance was mixed. Seplat gained 10 percent, MTN Nigeria rose 3.53 percent, and Fidelity Bank climbed 2.2 percent, while Aradel Holdings slipped 3.09 percent.

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