Internet legend, Berger, Ellah Lakes, the others appeared at the top to watch this week

The Nigerian equity market experienced bullish momentum, gaining N513 billion profit in three days due to Eid holidays and democracy.

Market capitalization increased to N72,788 trillion from N72,275 trillion recorded in the previous week while the All-Share Index (ASI) appreciated 0.71% to close the week with 115,429.54 points from 114,616.75 points recorded the previous week.

Running bullish is driven by strong performances from stocks such as legend internet PLC (Legendint), Berger Paints PLC (Berger) and Ellah Lakes PLC (ellahlakes) to secure their place among the ten best shares that perform the best last week, positioning themselves as stocks to watch on new weeks.

Please note that Nigeria stocks that are ripped to watch are not recommendations for buying, selling, or waiting. It is recommended to consult with your financial advisors before making any investment decision.

Ellahlakes • 4.33 ▴ 0.39 (9.9%)

The current stock price of Ellah Lakes PLC (ellahlakes) is N4.33. Ellahlakes closed his last trading day (Friday, June 13, 2025) at N4.33 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 9.9% of the previous closing price N3.94. Ellah Lakes started the year with a stock price of 3.16 NGN and since then rose 37% in the price assessment, the 43rd rating in NGX in terms of performance-anniversary. Shareholders can be optimistic about Ellahlakes knowing that shares have produced 36% during the last four weeks-the eighth best in NGX.

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Ellah Lakes is the 20th most traded stock on the Nigerian stock exchange over the past three months (March 7 – June 13, 2025). Ellahlakes has traded a total volume of 456 million shares – in 7,610 offers – assessed on N1.46 billion during that period, with an average of 7.23 million shares traded per session. The highest volume of 44.2 million was achieved on April 10, and the lowest 1.43 million on March 17, for the same period.

Berger • 26.80 ▴ 2.00 (8.06%)

The current stock price of Berger Paints (Berger) is N26.80. Berger closed its final trading day (Friday, June 13, 2025) in N26.80 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 8.1% of the previous closing price N24.80. Berger Paints started the year with a stock price of 20.00 NGN and since then up 34% in the price assessment, the 46th rank in NGX in terms of year-to-year performance. Shareholders can be optimistic about Berger knowing that shares have produced 25% over the last four weeks only-3 best in NGX.

Berger Paints is the 87th most traded stock on the Nigerian Stock Exchange over the last three months (March 7 – June 13, 2025). Berger has traded a total volume of 22.1 million shares – in 2,380 agreements – worth N487 million during that period, with an average of 350,660 shares traded per session. The highest volume of 3.58 million was achieved on June 11, and the lowest 764 on May 8, for the same period.

Legendint • 7.09 ▴ 0.64 (9.92%)

The current stock price of legend internet is N7.09. Legendint closed his final trading day (Friday, June 13, 2025) at N7.09 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 9.9% of the previous closing price of 6.45 NGN. The internet legend closed its IPO day (April 24, 2025) with N6.20 stock prices and since then it rose 14.4% of the price assessment, the 62nd ranking in NGX was in terms of performance-to-date. However, investors must be careful with the bad performance of the new legendint, after losing 20% ​​of its value in the last four weeks.

The internet legend is the 29th stock most traded on the Nigerian stock exchange over the past four weeks (May 13 – June 13, 2025). Legendint has traded a total volume of 100 million shares – in 1,515 offers – assessed on N599 million during that period, with an average of 4.76 million shares traded per session. The highest volume of 61 million was achieved on June 3, and the lowest 84,714 on May 28, for the same period.

By: Babajide Okeowo