Top 30 Weekly Gainers: Who’s Winning Big in the Nigerian Stock Market?
This week, the Nigerian Exchange (NGX) has been buzzing with excitement as several stocks posted impressive gains, creating fresh opportunities for smart investors. From Tier-1 banks to rising stars in insurance and oil & gas, here’s the full scoop you’ve been waiting for
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62 days agoTop 30 Weekly Gainers: Who’s Winning Big in the Nigerian Stock Market?
This week, the Nigerian Exchange (NGX) has been buzzing with excitement as several stocks posted impressive gains, creating fresh opportunities for smart investors. From Tier-1 banks to rising stars in insurance and oil & gas, here’s the full scoop you’ve been waiting for
Tier-1 Banking Powerhouses (Stable Growth, Investor Confidence)
1. UBA – riding on strong Q2 earnings and dividend buzz.
2. Zenith Bank – benefiting from foreign inflows and investor trust.
3. Access Holdings – recapitalization moves turning heads.
4. GTCO – strong digital play + resilient margins.
Why it matters: These four banks remain the “safe havens” for long-term investors.
Insurance Movers (Quietly Doubling Returns)
5. AIICO Insurance – steady accumulation by institutions.
6. Cornerstone Insurance – gaining traction in retail uptake.
7. Mutual Benefits – riding on recapitalization expectations.
8. NEM Insurance – outperforming peers with consistent profitability.
Why it matters: Insurance stocks are low-priced, high-upside bets—perfect for patient investors.
Oil & Gas Momentum (Fueling Fast Gains)
9. Seplat Energy – benefiting from crude price rebounds.
10. Oando – investors betting on restructuring success.
11. Eterna Plc – supply-chain expansion driving confidence.
12. TotalEnergies Nigeria – dividend history attracting buy pressure.
Why it matters: Global oil trends are boosting local oil stocks—short-term traders love this volatility.
Industrial Giants (Manufacturing & Cement)
13. Dangote Cement – capital projects keeping momentum.
14. BUA Cement – posting strong distribution numbers.
15. Lafarge Africa (WAPCO) – cost efficiency boosting margins.
16. Fidson Healthcare – pharmaceutical resilience in play.
Why it matters: These are long-term wealth builders with steady dividends.
Rising Mid-Caps & Dark Horses
17. Fidelity Bank – recapitalization wave attracting buyers.
18. Sterling Financial – niche banking expansion fueling demand.
19. FCMB – strong Q2 earnings catching attention.
20. Jaiz Bank – Islamic banking niche growing fast.
21. NAHCO – aviation services expansion driving record gains.
22. Transcorp Plc – hotel + power synergy lifting valuations.
23. Ikeja Hotel – tourism and hospitality boom story.
24. Dangote Sugar – consumer demand creating steady momentum.
25. Flour Mills of Nigeria – resilience despite FX headwinds.
Speculative Gems (High-Risk, High-Reward)
26. Julius Berger – infrastructure projects pipeline.
27. Livestock Feeds – agriculture diversification play.
28. Cutix Plc – local manufacturing expansion.
29. PZ Cussons – consumer goods turnaround.
30. Nestle Nigeria – premium stock holding its shine.
Investor Takeaway
This week’s Top 30 Gainers show a healthy mix:
Tier-1 Banks = Safe Havens
Insurance & Oil = Growth Engines
Industrials & Mid-Caps = Stability with upside
Speculative Gems = High risk, fast rewards
If you’re positioning for the next quarter, this list shows you where the money is flowing right now.