Nascon, International Beer Factory, Ikeja Hotel, the others appeared as the top stock to watch this week

The Nigerian equity market yelled at a three -week -old defeat in April with a profit of 966 billion for investors last week

Market capitalization rose to N66.4 trillion from N65.4 trillion in the previous week.

Likewise, the All-Share (ASI) index is valued at 1.46% to close the week with 105,752.61 points from 104,233.81 points recorded the previous week.

In the midst of the bearish trend, stocks such as International Brewers PLC (Interbrew), Nascon Allied Industries PLC (Nascon), Africa Prudential PLC (Afriprud), and Ikeja Hotel PLC (Ikeja Hotel) appeared among the top ten of the best shares.

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.

Afriprud • 17.15 ▴ 0.55 (3.31%)

The current stock price of Africa Prudential PLC (Afriprud) is N17.15. Afriprud closed its final trading day (Friday, April 25, 2025) at N17.15 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 3.3% from the previous closing price N16.60. Africa Prudential started the year with N20.55 stock prices but since then lost 16.6% of the price assessment, its 128th rank in NGX in terms of year-to-year performance. The fear of shareholders may be eliminated with an increase in Afriprud’s share price of 12% since March 24, which is the 20th best in NGX.

Africa Prudential is the 34th stock most traded on the Nigerian Stock Exchange over the last three months (January 23 – April 25, 2025). Afriprud has traded a total volume of 211 million shares – in 13,863 agreements – assessed at NGN 6.01 billion during that period, with an average of 3.35 million shares traded per session. The highest volume of 23.3 million was achieved on March 10, and the lowest 500,505 on April 17, for the same period.

Intbrew • 7.70 ▴ 0.70 (10%)

The current stock price of the International Beer Factory (Intbrew) is N7.70. Intbrew closed his final trading day (Friday, April 25, 2025) at N7.70 per share on the Nigeria Stock Exchange (NGX), recorded a 10% increase from the previous closing price N7.00. International Breweries began the year with N5.55 stock prices and since then obtained 38.7% of the price assessment, its 20th rank in NGX in terms of year-to-year performance. Shareholders can be optimistic about Intbrew knowing that shares have produced 50% over the last four weeks of the best-thirds in NGX.

Also read: NDIC Starting N46BN Dividend Payment for Bank Depository

The International Beer Factory is the 44th stock most traded on the Nigerian Stock Exchange over the past three months (January 23 – April 25, 2025). Intbrew has traded a total volume of 141 million shares – in 2,779 agreements – assessed at NGN 768 million during that period, with an average of 2.24 million shares traded per session. The highest volume of 14.2 million was achieved on January 29, and the lowest 23,933 on April 11, for the same period.

Nascon • 52.95 ▴ 4,70 (9.74%)

The current stock price of the National Salt Company (NASCON) is N52.95. Nascon closed his last trading day (Friday, April 25, 2025) at N52.95 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 9.7% of the previous closing price N48.25. National salt began the year with N31.35 stock prices and since then obtained 68.9% of the price assessment, ranked 11th in NGX in terms of performance-to-date. Shareholders can be optimistic about Nascon knowing that shares have produced 20% over the last four weeks only in the best eight in NGX.

National Salt Company is the 49th stock most traded on the Nigerian Stock Exchange over the past three months (January 23 – April 25, 2025). Nascon has traded a total volume of 116 million shares – in 6,387 agreements – assessed at NGN 4.86 billion during that period, with an average of 1.83 million shares traded per session. The highest volume of 10.1 million was achieved on February 21, and the lowest 158,020 on April 15, for the same period.

Ikejahotel • 12.10 ▴ 1.10 (10%)

The current stock price from Ikeja Hotel PLC (Ikejahotel) is N12.10. Ikejahotel closed its final trading day (Friday, April 25, 2025) at N12.10 per share on the Nigeria Stock Exchange (NGX), recorded a 10% increase from the previous closing price N11.00. Ikeja Hotel began the year with the stock price of N11.25 and since then up 7.56% of the price assessment, the 56th rank in NGX in terms of performance-to-date. Shareholders can be optimistic about Ikejahotel knowing that shares have produced 17% during the last four weeks of the best in NGX.

Ikeja Hotel is the 74th stock most traded on the Nigeria Stock Exchange over the last three months (January 23 – April 25, 2025). Ikejahotel has traded a total volume of 47.2 million shares – in 3,725 agreements – assessed at NGN 567 million during that period, with an average of 749,092 shares traded per session. The highest volume of 5.21 million was achieved on February 13, and the lowest 21,550 on April 16, for the same period.

By: Babajide Okeowo

Join the conversation

Opinion

Supports Nigeria’s ripples, resistant Journalism Solutions

A balanced and fearful journalism that is driven by data comes with enormous financial costs.

As a media platform, we ask for leadership accountability and will not trade the right to suppress freedom and freedom of speech for a piece of cake.

If you like what we do, and ready to uphold journalism solutions, friendly Nigerian ripples cause.

Your support will help ensure that residents and institutions continue to have free access to credible and reliable information for community development.

Donation now