Under the impressive month of September 2025, investors in the dynamic stock market have accumulated an impressive N1.811 trillion, a huge feat credited to the current monetary changes that have been instituted by the central bank of Nigeria (CBN) that have tremendously rejuvenated investor confidence in the market.
Analysts have observed that the recent reduction in the Monetary Policy Rate (MPR) by the CBN to a more friendly level of 27% has only fuelled the investor interest in equity securities, which has caused a strategic redistribution of portfolios out of fixed income into stocks.
In a thorough analysis of the Nigerian Exchange Limited (NGX) performance during the September period, it was found that the market capitalization which is a measure that reflects the total value of investments in the Exchange soared to over N1.811 trillion, increasing its August value of N88.769 trillion to N90.580 trillion.
In a related growth, another key stock market indicator, the NGX All Share Index (ASI), also gained 1.7 percent to reach 142,710.48 points against 140, 295.50 points.
The analysts also claimed that the strong market performance was spurred by the reviving investor interest in key large-cap stocks. The market rebound would show a combination of profit taking of past losses and the re-buying of fundamentally sound shares with traders strategically placing themselves as they anticipate domestic and international market-altering events.
Trust among investors was highly determined by the expectations of the performance of the corporations, individual industry excitement, the macroeconomic factors which all contributed to the positive but cautious market mood.
In the meantime, the NGX ASI ended the week on an uplift and surged by 0.23% to record a record mark of 142,710.48 points, with market capitalization rising by a record mark of N445.2 billion, making the total to be N90.58 trillion. The positive performance of the market was largely driven by the continued purchasing appetite in shares like ARADEL which increased by 9.82, Fidelity bank by 5.26, Nigerian Breweries by 2.38, and Transcorp by 8.48.
However, the market breadth was in the negative region with 31 stocks showing downfalls and 28 gainers.
InvestData Consulting Limited analysts said, “In the future, equities market appears to be poised to experience a cautious sustained recovery. Macro-economic factors like domestic inflation trends, exchange rates, and policymaking will be critical in driving the sentiment on the market, and international factors like crude oil prices and global risk aversion will also play a crucial role.
