UAC Nigeria, Mecure, Custodians, others emerged as the top stock to watch this week

The Nigerian equity market continues to grow when investors obtained N4.3 trillion at the end of trading last week.

The market obtained in all five trading sessions this week and recorded the 22nd day in a row to generate profits.

Market capitalization increased to N89,373 trillion from N85,055 trillion recorded in the previous week.

Likewise, the All-Share Index (ASI) is valued by 5.07% to close the week at 141,263.05 from 134,452.93 points recorded the previous week.

Bullish running is driven by a strong performance from shares such as UAC Nigeria PLC (UACN), Mecure Industries PLC (Mecure) and Custodian Investment PLC (guards) to secure their place among the ten best -performing shares 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.

UACN • 88.30 ▴ 8.00 (9.96%)

The current stock price of UAC Nigeria (UACN) is N88.30. UACN closed its final trading day (Friday, August 1, 2025) at N88.30 per share on the Nigeria Stock Exchange (NGX), recorded a 10% increase from the previous closing price N80.30. UAC began the year with N31.45 stock prices and since then rose 181% of the price assessment, the 21st ranking in NGX was in terms of performance-to-date. Shareholders can be optimistic about UACN knowing that shares have produced 116% circulating during the last four weeks, making it the best in NGX.

Also Read: ‘Foreign Airlines Will Leave the Nigeria Route,’ Keyamo Defending the N712BN Airport Renovation

UAC from Nigeria is the 60th most traded stock on the Nigerian Stock Exchange over the last three months (30 April – August 1, 2025). UACN has traded a total volume of 186 million shares – in 5,375 agreements – assessed on N7 billion during that period, with an average of 2.95 million shares traded per session. The highest volume of 129 million was achieved on June 30, and the lowest 65,696 on June 2, for the same period.

Custodian • 39.00 ▴ 3.00 (8.33%)

The current stock price of Custodian & Allied PLC (Custodian) is N39.00. Custodian closed his last trading day (Friday, August 1, 2025) in N39.00 per share on the Nigeria Stock Exchange (NGX), recorded an increase of 8.3% compared to the previous closing price N36.00. Custodian & Allied started the year with N17.10 stock prices and since then up 128% in the price assessment, the 32nd ranking in NGX in terms of year-to-date performance. Shareholders can be optimistic about guards, knowing that shares have produced 39% over the last four weeks only-to-19 best in NGX.

Custodian & Allied is the 30th stock that is most traded on the Nigerian Stock Exchange over the last three months (30 April – August 1, 2025). Custodian has traded a total volume of 447 million shares – in 5,809 agreements – assessed on N9.95 billion during that period, with an average of 7.1 million shares traded per session. The highest volume of 38.6 million was achieved on May 22, and the lowest 31,039 on May 16, for the same period.

Mecure • 15.85 ▪ 0.00

The current stock price of Mecure Industries (Mecure) is N15.85. Mecure closed her last trading day (Friday, August 1, 2025) at N15.85 per share on the Nigeria Stock Exchange (NGX). Mecure Industries began the year with N13.90 stock prices and since then it rose 14% in the price assessment, its 97th rank in NGX in terms of year-annual performance. Shareholders can be optimistic about Mecure knowing that shares have produced 22% during the last four weeks, making it the 43rd best in NGX.

Mecure Industries is the 89th stock most traded on the Nigerian Stock Exchange over the last three months (30 April – August 1, 2025). Mecure has traded a total volume of 32.3 million shares – in 2,208 agreements – assessed at N383 million during that period, with an average of 512,608 shares traded per session. The highest volume of 5.69 million was achieved on June 24, and the lowest 2,350 on May 13, for the same period.

By: Babajide Okeowo