Analysts have projected a constructive outlook for the Nigerian equities this week, supported by upbeat investor sentiment and an improved risk-adjusted return outlook for home corporates.
The equities market final week prolonged its profitable streak, climbing to a brand new 52-week excessive and brushing the 149,000 psychological mark earlier than settling at 148,977.64 factors, representing a 1.35 per cent week-on-week achieve. The uptrend was pushed by renewed purchase curiosity in mid and enormous cap blue-chip shares and strategic sectoral reallocation by traders amid moderating inflation and inspiring macroeconomic knowledge, because the September inflation charge slowed to 18.02 per cent.
The upbeat momentum noticed the market capitalisation of listed equities rise by N1.26 trillion to shut the week at N93.29 trillion.
Cowry Asset Administration Restricted stated this week, “With the ASI inching nearer to the 150,000-resistance zone, market sentiment stays upbeat. We anticipate a possible breakout above this threshold, particularly if Q3 company earnings outperform expectations.
“Nonetheless, short-term profit-taking might floor as merchants lock in beneficial properties from latest rallies. Wanting forward, the bullish momentum is predicted to persist as market potential and enticing positions of a number of tickers current a rewarding upside.
“General, market efficiency will probably hinge on macroeconomic developments and coverage alerts from financial authorities. In the meantime, we proceed advising traders to place shares with sturdy fundamentals and incomes energy.”
Analysts at Afrinvest Restricted acknowledged, ” Within the coming week, we undertaking a constructive shut on the bourse, supported by upbeat investor sentiment and an improved risk-adjusted return outlook for home corporates. This optimism is underpinned by a beneficial disinflation pattern and expectations of renewed portfolio inflows from superior markets at present going through heightened coverage uncertainty.”
Imperial Asset Managers Restricted famous, “this week, on the Fairness Market, we anticipate the market to commerce range-bound, as traders proceed to steadiness profit-taking alternatives in opposition to bargain-hunting actions amid ongoing Q3 2025 earnings releases.”
In the meantime, final week, a complete turnover of two.422 billion shares price N76.618 billion in 126,591 offers was traded by traders on the ground of the Trade, in distinction to a complete of two.286 billion shares valued at N90.280 billion that exchanged fingers the earlier week in 138,177 offers.
The Monetary Providers Trade (measured by quantity) led the exercise chart with 1.662 billion shares valued at N32.565 billion traded in 56,253 offers, contributing 68.65 per cent and 42.50 per cent to the overall fairness turnover quantity and worth, respectively. The ICT Trade adopted with 184.884 million shares price N8.662 billion in 11,500 offers, whereas the Providers Trade pulled a turnover of 154.537 million shares price N1.066 billion in 5,975 offers.
Buying and selling within the prime three equities, Consolidated Hallmark Holdings, Constancy Financial institution, and Entry Holdings (measured by quantity), accounted for 618.549 million shares price N9.220 billion in 9,277 offers, contributing 25.54 per cent and 12.03 per cent to the overall fairness turnover quantity and worth, respectively.
