Multiverse, Academy Press, Beta Glass, others appear as the top stock to watch this week

Nigeria’s equity market continued rally when investors recorded a profit of 1,691 trillion last week.

Last week, the equity market was obtained in four and lost in one of the trading sessions while sweeping the profit N1. 691 trillion in the process.

Market capitalization increased to N68, 399 trillion from N66, 648 trillion while the All-Share (ASI) index appreciated 2.54% to close the week with 108,733.40 points from 106,042.57 points recorded in the previous week.

Nigeria Equities Market continues to recover from a three -week -old defeat which was recorded in April by recording another profit trading session last week.

Market recovery is driven by strong performance from shares such as Multiverse Mining and Exploration PLC (Multiverse), Academy Plc (Academy), and Beta Glass Company (Betaglas) appeared among the ten best shares of the best performance last week, positioning themselves as stocks 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.

MULTIVERSE • 10.00 ▴ 0.90 (9.89%)

The current stock price of multiverse mining & exploration (multiverse) is N10.00. Multiverse closed her last trading day (Friday, May 9, 2025) at N10.00 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 9.9% of the previous closing price of 9.10 NGN. Multiverse mining & exploration began in the year with a stock price of 7.35 NGN and since then obtained 36.1% of the price assessment, its 31st rank in NGX in terms of performance-to-date. Shareholders can be optimistic about Multiverse knowing that shares have produced 16% over the last four weeks of the best in NGX.

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Multiverse Mining & Exploration is the 92th stock that is most traded on the Nigeria Stock Exchange for the last three months (5 February – 9 May 2025). Multiverse has traded a total volume of 16.1 million shares – in 1,559 agreements – assessed in NGN 140 million during that period, with an average of 255,259 shares traded per session. The highest volume of 1.74 million was achieved on May 9, and the lowest 2,583 on April 10, for the same period.

Academy • 4.32 ▴ 0.39 (9.92%)

The current stock price of the Academy Press (Academy) is NGN 4.32. Academy closed its final trading day (Friday, May 9, 2025) at 4.32 NGN per share on the Nigeria Stock Exchange (NGX), recorded an increase of 9.9% of the previous closing price of 3.93 NGN. The Academy Press started the year with a stock price of 3.00 NGN and since then it rose 44% in the price assessment, its 26th rank in NGX in terms of performance-to-date. Shareholders can be optimistic about Academy knowing that the shares have produced 66% circulating during the last four weeks of NGX.

Academy Press is the 83rd stock most traded on the Nigerian Stock Exchange over the past three months (5 February – 9 May 2025). Academy has traded a total volume of 30.1 million shares – in 1,098 agreements – assessed in NGN 95.8 million during that period, with an average of 477,832 shares traded per session. The highest volume of 4.17 million was achieved on May 9, and the lowest 1,560 on April 17, for the same period.

Betaglas • 160.65 ▪ 0.00

The current stock price of the Beta Glass Company (Betaglas) is NGN 160.65. Betaglas closed his last trading day (Friday, May 9, 2025) at 160.65 NGN per share on the Nigeria Stock Exchange (NGX). Beta Glass started the year with a stock price of 64.90 NGN and since then it rose 148% in the price assessment, the fourth rank in NGX in terms of performance-annual performance. Shareholders can be optimistic about Betaglas knowing that shares have produced 61% circulating during the last four weeks of NGX.

Beta Glass Company is the 101st stock that is most traded on the Nigerian Stock Exchange over the past three months (5 February – 9 May 2025). Betaglas has traded a total volume of 8.05 million shares – in 1,945 offers – assessed at NGN 857 million during that period, with an average of 127,803 shares traded per session. The highest volume of 877,124 was achieved on May 2, and the lowest 325 on April 15, for the same period.

By: Babajide Okeowo

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