Newscenter Media News The Nigerian equities market sustained the bullish trend as investors gained N196 billion on the trading floor of the Nigerian Xchange (NGX) in a quiet trading week.
The bourse recorded losses in four of the five trading days, however, market capitalization increased to N67.614 trillion from the N67.418 trillion recorded the previous week while the All-Share Index (ASI) also appreciated by 0.41% to close the week at 108,497.40 points from the 108,053.95 points recorded the previous week.
The market performance was buoyed by strong showings from stocks like Smart Products Nigeria (SMURFIT), Champion Breweries (CHAMPION), Dangote Sugar Refinery (DANGSUGAR), Abbey Mortgage Bank Plc (ABBEYBDS) amongst others on the bourse to position themselves as stocks to watch in the new week.
Kindly note that Ripples Nigeria Stocks To Watch is not a buy, sell or hold recommendation. It is advisable to consult your financial advisor before making any investment decision.
ABBEYBDS • 3.60 ▴ 0.19 (5.57%)
The current share price of Abbey Mortgage Bank Plc (ABBEYBDS) is NGN 3.60. ABBEYBDS closed its last trading day (Friday, February 21, 2025) at 3.60 NGN per share on the Nigerian Stock Exchange (NGX), recording a 5.6% gain over its previous closing price of 3.41 NGN. Abbey began the year with a share price of 3.00 NGN and has since gained 20% on that price valuation, ranking it 37th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about ABBEYBDS knowing the stock has accrued 16% over the past four-week period—32nd best on NGX.
Abbey Mortgage Bank is the 69th most traded stock on the Nigerian Stock Exchange over the past three months (Nov 22, 2024 – Feb 21, 2025). ABBEYBDS has traded a total volume of 70.8 million shares—in 820 deals—valued at NGN 228 million over the period, with an average of 1.12 million traded shares per session. A volume high of 50.1 million was achieved on January 3rd, and a low of 30 on December 31st, for the same period.
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DANGSUGAR • 41.40 ▴ 3.40 (8.95%)
The current share price of Dangote Sugar Refinery (DANGSUGAR) is NGN 41.40. DANGSUGAR closed its last trading day (Friday, February 21, 2025) at 41.40 NGN per share on the Nigerian Stock Exchange (NGX), recording an 8.9% gain over its previous closing price of 38.00 NGN. Dangote Sugar Refinery began the year with a share price of 32.50 NGN and has since gained 27.4% on that price valuation, ranking it 30th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about DANGSUGAR knowing the stock has accrued 18% over the past four-week period—27th best on NGX.
Dangote Sugar Refinery is the 49th most traded stock on the Nigerian Stock Exchange over the past three months (Nov 22, 2024 – Feb 21, 2025). DANGSUGAR has traded a total volume of 169 million shares—in 14,138 deals—valued at NGN 6.06 billion over the period, with an average of 2.68 million traded shares per session. A volume high of 15.7 million was achieved on December 2nd, and a low of 395,577 on December 13th, for the same period.
CHAMPION • 4.12 ▴ 0.37 (9.87%)
The current share price of Champion Breweries (CHAMPION) is NGN 4.12. CHAMPION closed its last trading day (Friday, February 21, 2025) at 4.12 NGN per share on the Nigerian Stock Exchange (NGX), recording a 9.9% gain over its previous closing price of 3.75 NGN. Champion Breweries began the year with a share price of 3.81 NGN and has since gained 8.14% on that price valuation, ranking it 69th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about CHAMPION knowing the stock has accrued 5% over the past four-week period—50th best on NGX.
Champion Breweries is the 31st most traded stock on the Nigerian Stock Exchange over the past three months (Nov 22, 2024 – Feb 21, 2025). CHAMPION has traded a total volume of 332 million shares—in 1,447 deals—valued at NGN 1.33 billion over the period, with an average of 5.27 million traded shares per session. A volume high of 301 million was achieved on December 5th, and a low of 1,902 on December 16th, for the same period.
SMURFIT • 0.30 0.00
The current share price of Smart Products Nigeria (SMURFIT) is NGN 0.30. SMURFIT closed its last trading day (Thursday, February 20, 2025) at 0.30 NGN per share on the Nigerian Stock Exchange (NGX), recording a 7.1% gain over its previous closing price of 0.28 NGN. Smart Products began the year with a share price of 0.20 NGN and has since gained 50% on that price valuation, ranking it 12th on the NGX in terms of year-to-date performance.
Smart Products Nigeria is the 123rd most traded stock on the Nigerian Stock Exchange over the past three months (Nov 22, 2024 – Feb 21, 2025). SMURFIT has traded a total volume of 1.47 million shares—in 9 deals—valued at NGN 365,983 over the period, with an average of 23,390 traded shares per session. A volume high of 500,000 was achieved on February 10th for the same period.
By: Babajide Okeowo
The post ABBEYBDS, DANGSUGAR, CHAMPION, SMURFIT, others top stocks to watch this week appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.