Initiations, Academies, Nigeria Enamelware, others emerged as the top stock to watch this week

The Nigerian equity market continues to record impressive results because investors enjoy a week that generates profits, which culminates in a massive N1.8 trillion increase for traders.

The market was obtained in all five trading sessions last week.

Market capitalization increased to N85,055 trillion from N83,8241 trillion recorded the previous week.

Likewise, the all-share index (ASI) appreciated 2.18% to close the week at 134,452.93 from 131,585.66 points recorded the previous week.

Running bullish is driven by a strong appearance from stock like Initates PLC (TIP), Academy PLC and Nigerian Enamelware PLC to secure their place among the 10 best performing shares last week and position themselves as shares to be watched on new weeks.

Please note that the Nigerian ripple stock that must be watched is not a recommendation to buy, sell, or wait. It is recommended to consult with your financial advisors before making any investment decision.

TIP • 16.13 ▴ 1.46 (9.95%)

The current stock price of the PLC (TIP) initiative is N16.13. Tip closing his last trading day (Friday, July 25, 2025) at N16.13 per share on the Nigeria Stock Exchange (NGX), recorded a 10% increase from the previous closing price N14.67.

The initiated to start this year with N2.50 stock prices and since then rose 545% in the price assessment, the first rank in NGX in terms of performance-to-date. Shareholders can be optimistic about tips, knowing that shares have produced 111% circulating during the last four weeks of the best in NGX.

The initiative is the 64th stock most traded on the Nigerian stock exchange over the past three months (April 23 – Jul 25 2025). TIP has traded a total volume of 137 million shares – in 7,754 agreements – assessed on N1.11 billion during that period, with an average of 2.18 million shares traded per session. The highest volume of 9.57 million was achieved on July 2, and the lowest was 179,449 on June 18, for the same period.

Also read: Initiations, Academies, Nigeria Enamelware, others emerged as the top stock to watch this week

Academy • 9.31 ▴ 0.84 (9.92%)

The current stock price of the Academy Press (Academy) is N9.31. Academy closed its final trading day (Friday, July 25, 2025) at N9.31 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 9.9% of the previous closing price N8.47. Academy Press started the year with N3.00 stock prices and since then it rose 210% in the price assessment, the 12th rank in NGX in terms of performance-to-date. Shareholders can be optimistic about Academy knowing that the shares have produced 100% circulating during the last four weeks of the second and second in NGX.

Academy Press is the 79th most traded stock on the Nigerian Stock Exchange over the past three months (April 23 – Jul 25 2025). Academy has traded a total volume of 65.6 million shares – in 3,237 agreements – assessed at N368 million during that period, with an average of 1.04 million shares traded per session. The highest volume of 9.84 million was achieved on May 30, and the lowest 9,554 on April 23, for the same period.

Enamelwa • 27.00 ▴ 2.45 (9.98%)

The current stock price from Nigeria Enamelware PLC (Enamelwa) is N27.00. Enamelwa closed his last trading day (Friday, July 25, 2025) in N27.00 per share on the Nigeria Stock Exchange (NGX), recorded a 10% increase from the previous closing price N24.55.

Nigeria’s enamelware began the year with N19.30 stock prices and since then obtained 39.9% of the price assessment, its 75th rank in NGX in terms of year-to-date performance. Shareholders can be optimistic about Enamelwa knowing that shares have produced 46% over the last four weeks only-to-17 best in NGX.

Nigerian Enamelware is the 119th most traded stock on the Nigerian Stock Exchange over the last three months (23 Apr – 25 Jul 2025). Enamelwa has traded a total volume of 5.04 million shares – in 337 agreements – worth N109 million during that period, with an average of 80,016 shares traded per session. The highest volume of 1.87 million was achieved on May 28 for the same period.

By: Babajide Okeowo