The Nigerian stock market closed October 2025 on a strong note, rising 8% and extending the bullish streak that began in April.
Tracked by the NGX All-Share Index, the market opened the month at 142,713.1 points and closed at 154,126.4 points, with more than 12 billion shares traded as investor activity remained vibrant.
This strong performance makes October the second-best month of 2025 so far, coming just behind the solid 16.57% rally recorded in July.
That brings its year-to-date gain to an impressive 49.74%, with the second half of the year already contributing 28.46%.
The market’s momentum was likely driven by broad gains across NGX-listed stocks, as strong third-quarter results likely strengthened positive investor sentiment.
Here are the top ten best-performing stocks that rewarded investors in October 2025.
Wema Bank Plc took the eighth spot, also rising 20.29% in October.
It opened the month at N17.70 and closed at N20.45, with over 372 million shares changing hands. This followed a weak September, when the stock fell 26.09%.
Gains were recorded in three of the five trading weeks, led by a strong fourth week that lifted the price to N20.50.
- Wema’s unaudited nine-month results showed pretax profit at N146.44 billion, up 141.6% from N60.6 billion in the same period last year.
- Interest income grew 72.65% to N396.95 billion, driven by higher yields and loan growth.
The stock has advanced 129.31% so far in 2025.
