Fortis, Prem Paint, Eterna and others emerge as stocks to watch

Investors in Nigerian equities earned N2.67 trillion at the close of trading last week

This follows an increase in equity capitalization to N126.4 trillion from N123.7 trillion recorded last week.

Likewise, the All-Share Index (ASI) appreciated by 2.16% closing the week at 196,968 from 192,826.78 recorded in the previous week.

The market performance was supported by the strong performance of stocks such as Fortis Global Insurance Plc, Premier Paints Plc, and Eterna Plc, which performed well by securing their place among the top 10 stocks last week and positioning themselves as stocks to watch in the new week.

Please note that this is not a buy, sell, or hold recommendation. It is recommended to consult your financial advisor before making any investment decisions.

FTGINSURE • 1.49 ▴ 0.13 (9.56%)

The current share price of Fortis Global Insurance (FTGINSURE) is N1.49. FTGINSURE closed its last trading day (Friday, March 6, 2026) at N1.49 per share on the Nigerian Stock Exchange (NGX), recording an increase of 9.6% compared to the previous closing price of N1.36. Fortis Global started the year with a share price of N0.20 and has since gained 645% based on that price assessment, ranking it second on NGX in terms of year-to-date performance.

Shareholders can be optimistic about FTGINSURE knowing that the stock has returned 473% over the last four-week period alone—the best on NGX.

Fortis Global Insurance was the 26th most traded stock on the Nigerian Stock Exchange over the last three months (5 December 2025 – 6 March 2026). FTGINSURE has traded a total volume of 655 million shares—in 3,010 transactions—worth N582 million during the period, with an average volume of 10.4 million shares (worth N9.23 million) per session. The highest volume of 194 million was achieved on February 25 for the same period.

PREMPAIN • 14.60 ▴ 1.30 (9.77%)

The current share price of Premier Paints (PREMPAINTS) is N14.60. PREMPAINTS closed its last trading day (Friday, March 6, 2026) at N14.60 per share on the Nigerian Stock Exchange (NGX), recording an increase of 9.8% compared to the previous closing price of N13.30.

Premier Paints started the year with a share price of N10.00 and has since gained 46% based on that price assessment, placing it 46th on NGX in terms of year-to-date performance. Shareholders can feel optimistic about PREMPAINTS knowing that the stock has risen 33% over the last four-week period alone—14th best on NGX.

Premier Paints was the 127th most traded stock on the Nigerian Stock Exchange over the last three months (5 December 2025 – 6 March 2026). PREMPAINTS has traded a total volume of 2.59 million shares—in 46 transactions—worth N31.9 million during the period, with an average volume of 41,075 shares (worth NGN 505,912) per session. The highest volume of 1.55 million was reached on March 4 for the same period.

ETERNAL • 42.35 ▴ 3.85 (10%)

The current share price of Eterna Plc (ETERNA) is N42.35. ETERNA closed its last trading day (Friday, March 6, 2026) at N42.35 NGN per share on the Nigerian Stock Exchange (NGX), recording a 10% increase compared to the previous closing price of N38.50. Eterna started the year with a share price of N28.50 and has since gained 48.6% based on that price assessment, ranking it 44th on NGX in terms of year-to-date performance. Shareholders can feel optimistic about ETERNA as its shares have risen 37% over the last four-week period alone—13th best on the NGX.

Eterna was the 90th most traded stock on the Nigerian Stock Exchange over the last three months (5 December 2025 – 6 March 2026). ETERNA has traded a total volume of 54.1 million shares—in 11,044 transactions—worth N1.78 billion during the period, with an average volume of 858,223 shares (worth N28.3 million) per session. The highest volume of 3.63 million was reached on January 15, and the lowest was 93,411 on December 18, for the same period.

By: Babajide Okeowo