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The Nigerian equity market experienced bullish momentum, gaining N377 billion profit in the newly completed trading Sunday.
Market capitalization increased to N76,339 trillion from N75,962 trillion recorded in the previous week, while the all-end (ASI) index was valued at 0.83% to close the week with 120,989.66 points from 118,138.22 points recorded on the previous week.
The market was obtained in two trading sessions and recorded three losses.
Running bullish is driven by a strong appearance from stocks such as Meyer PLC (Meyer) RT Briscoe (RTBRISCOE), and FTN Cocoa Processorsorsor PLC (FTNCocoa) to secure their places among the ten stocks of the best performance last week, positioning themselves as stock to watch 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.
FTNCOCOA • 4.67 ▾ 0.19 (3.91%)
The current stock price of the FTN Cocoa Processors (FTNCOCOA) is N4.67. FTNCOCOA closed its final trading day (Friday, July 4, 2025) at N4.67 per share on the Nigeria Stock Exchange (NGX), recorded a decline of 3.9% from the previous closing price N4.86.
The FTN Cocoa processor started the year with the stock price of N1.82 and since then it rose 157% in the price assessment, its ranking in NGX in terms of year-annual performance. Shareholders can be optimistic about FTNCOCOA knowing that the stock has produced 85% over the last four weeks of the best in NGX.
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FTN Cocoa Processors are the 222 of the most traded stocks on the Nigeria Stock Exchange for the last three months (28 March – 4 Jul 2025). FTNCOCOA has traded a total volume of 485 million shares – in 9,278 agreements – assessed on N1.5 billion during that period, with an average of 7.7 million shares traded per session. The highest volume of 40.9 million was achieved on June 26, and the lowest 325,244 on April 9, for the same period.
Meyer • 14.65 ▴ 1.30 (9.74%)
The current share price of Meyer PLC (Meyer) is N14.65. Meyer closed his final trading day (Friday, July 4, 2025) at N14.65 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 9.7% of the previous closing price N13.35. Meyer started the year with N8.43 stock prices and since then obtained 73.8% of the price assessment, its 36th rank in NGX in terms of performance-to-date. Shareholders can be optimistic about Meyer knowing that shares have produced 57% circulating during the last four weeks of the best -TIWIA in NGX.
Meyer is the 98th stock most traded on the Nigerian stock exchange over the past three months (March 28 – 4 Jul 2025). Meyer has traded a total volume of 13.5 million shares – in 771 agreement – assessed in N131 million during that period, with an average of 214,890 shares traded per session. The highest volume of 2.6 million was achieved on May 21 for the same period.
RTBRISCOE • 3.65 ▴ 0.33 (9.94%)
The current stock price of RT Briscoe (RTBRISCOE) is N3.65. RTBRISCOE closed its final trading day (Friday, July 4, 2025) at N3.65 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 9.9% from the previous closing price N3.32. RT Briscoe started the year with N2.50 stock prices and since then it rose 46% in the price assessment, its 50th ranking in terms of performance-annual performance. Shareholders can be optimistic about RTBRISCOE knowing that shares have produced 52% circulating during the last four weeks only-15 best in NGX.
RT Briscoe is the 70th stock most traded on the Nigerian stock exchange over the past three months (March 28 – 4 Jul 2025). RTBRISCOE has traded a total volume of 89.7 million shares – in 2,690 agreements – assessed in N212 million during that period, with an average of 1.42 million shares traded per session. The highest volume of 7.46 million was achieved on July 4, and the lowest 107,443 on April 23, for the same period.
By: Babajide Okeowo
