The Nigerian equities market continued to endure bearish sentiment during the just-concluded trading week losing N532 billion on the floor of the Nigerian Xchange (NGX).
This made it the fourth consecutive week of losses in the equities market.
The equities market gained in only one of the five trading sessions as the market capitalization decreased to N65.820 trillion from the N66.352 trillion recorded the previous week while the All-Share Index (ASI) depreciated by 0.94% to close the week at 104,962.96 points from 105. 955.13 points recorded the previous week.
Amid the poor showing of the market, stocks like Neimeth International Pharmaceuticals Plc, Linkage Assurance Plc and New Nigerian Flour Mills Plc performed creditably well to position themselves as stocks to watch in the new week.
Kindly note that Ripples Nigeria Stocks To Watch is not a buy, sell or hold recommendation. It is advisable to consult your financial advisor before making any investment decision.
NNFM • 79.80 0.00
The current share price of Northern Nigeria Flour Mills (NNFM) is NGN 79.80. NNFM closed its last trading day (Friday, March 21, 2025) at 79.80 NGN per share on the Nigerian Stock Exchange (NGX). Northern Nigeria Flour Mills began the year with a share price of 43.90 NGN and has since gained 81.8% on that price valuation, ranking it sixth on the NGX in terms of year-to-date performance.
Northern Nigeria Flour Mills is the 96th most traded stock on the Nigerian Stock Exchange over the past three months (Dec 20, 2024 – Mar 21, 2025). NNFM has traded a total volume of 18.7 million shares—in 2,787 deals—valued at NGN 1.18 billion over the period, with an average of 297,432 traded shares per session. A volume high of 1.78 million was achieved on March 14th, and a low of 11,724 on March 7th, for the same period.
NEIMETH • 3.00 0.00
The current share price of Neimeth International Pharma (NEIMETH) is NGN 3.00. NEIMETH closed its last trading day (Friday, March 21, 2025) at 3.00 NGN per share on the Nigerian Stock Exchange (NGX). Neimeth International Pharma began the year with a share price of 2.29 NGN and has since gained 31% on that price valuation, ranking it 23rd on the NGX in terms of year-to-date performance. Investors should, however, take caution of NEIMETH’s recent bad performance, having lost 5% of its value in the past four weeks.
Neimeth International Pharma is the 60th most traded stock on the Nigerian Stock Exchange over the past three months (Dec 20, 2024 – Mar 21, 2025). NEIMETH has traded a total volume of 91.2 million shares—in 3,730 deals—valued at NGN 269 million over the period, with an average of 1.45 million traded shares per session. A volume high of 10.6 million was achieved on January 30th, and a low of 105,516 on December 24th, for the same period.
LINKASSURE • 1.43 ▴ 0.13 (10%)
The current share price of Linkage Assurance (LINKASSURE) is NGN 1.43. LINKASSURE closed its last trading day (Friday, March 21, 2025) at 1.43 NGN per share on the Nigerian Stock Exchange (NGX), recording a 10% gain over its previous closing price of 1.30 NGN. Linkage began the year with a share price of 1.18 NGN and has since gained 21.2% on that price valuation, ranking it 32nd on the NGX in terms of year-to-date performance.
Linkage Assurance is the 40th most traded stock on the Nigerian Stock Exchange over the past three months (Dec 20, 2024 – Mar 21, 2025). LINKASSURE has traded a total volume of 193 million shares—in 2,187 deals—valued at NGN 274 million over the period, with an average of 3.07 million traded shares per session. A volume high of 36.4 million was achieved on January 7th, and a low of 85,547 on March 7th, for the same period.
LIVESTOCK • 8.41 ▴ 0.76 (9.93%)
The current share price of Livestock Feeds (LIVESTOCK) is NGN 8.41. LIVESTOCK closed its last trading day (Friday, March 21, 2025) at 8.41 NGN per share on the Nigerian Stock Exchange (NGX), recording a 9.9% gain over its previous closing price of 7.65 NGN. Livestock Feeds began the year with a share price of 4.12 NGN and has since gained 104% on that price valuation, ranking it second on the NGX in terms of year-to-date performance. Shareholders can be optimistic about LIVESTOCK knowing the stock has accrued 39% over the past four-week period alone—third best on NGX.
Livestock Feeds is the 29th most traded stock on the Nigerian Stock Exchange over the past three months (Dec 20, 2024 – Mar 21, 2025). LIVESTOCK has traded a total volume of 331 million shares—in 11,278 deals—valued at NGN 2.18 billion over the period, with an average of 5.26 million traded shares per session. A volume high of 16.8 million was achieved on January 15th, and a low of 829,987 on January 8th, for the same period.
By: Babajide Okeowo
Source: Ripples Nigeria
