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.
Sovereign Trust Insurance Plc took third place with a 30.00% return in October, making it the only insurer on the list.
It started the month at N3.00 and ended at N3.90, trading 387 million shares. Except for the first week, the stock closed higher every week, with the second week alone adding more than 16%.
- For the quarter ended September 2025, insurance revenue increased 20% to N40.1 billion, while pretax profit stood at N301.6 million.
The stock has rallied 248.21% so far this year.
