The Nigerian equities market sustained its bullish run with a massive N3.4 trillion profit in five days last week.
The market capitalisation rose to N79.8 trillion from the N76.3 trillion recorded the previous week.
Similarly, the All-Share Index (ASI) appreciated by 4.26% to close the week at 126,149.59 points from the 120,989.66 points recorded the previous week.
The bullish run was propelled by strong showing from stocks FTN Cocoa Processors Plc, Red Star Express and Omatek Venture Plc to secure their places amongst the 10 best-performing stocks last week, and positioned 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.
FTNCOCOA • 7.50 ▴ 0.68 (9.97%)
The current share price of FTN Cocoa Processors (FTNCOCOA) is N7.50. FTNCOCOA closed its last trading day (Friday, July 11, 2025) at N7.50 per share on the Nigerian Stock Exchange (NGX), recording a 10% gain over its previous closing price of N6.82. FTN Cocoa Processors began the year with a share price of N1.82 and has since gained 312% on that price valuation, ranking it third on the NGX in terms of year-to-date performance. Shareholders can be optimistic about FTNCOCOA knowing the stock has accrued an outstanding 168% over the past four-week period alone—third best on NGX.
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FTN Cocoa Processors is the 21st most traded stock on the Nigerian Stock Exchange over the past three months (Apr 8 – Jul 11, 2025). FTNCOCOA has traded a total volume of 546 million shares—in 10,120 deals—valued at N1.91 billion over the period, with an average of 8.66 million traded shares per session. A volume high of 40.9 million was achieved on June 26th, and a low of 325,244 on April 9th, for the same period.
REDSTAREX • 13.44 ▴ 1.22 (9.98%)
The current share price of Red Star Express Plc (REDSTAREX) is N13.44. REDSTAREX closed its last trading day (Friday, July 11, 2025) at N13.44 per share on the Nigerian Stock Exchange (NGX), recording a 10% gain over its previous closing price of N12.22. Red Star Express began the year with a share price of N4.41 and has since gained 205% on that price valuation, ranking it 13th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about REDSTAREX knowing the stock has accrued an outstanding 60% over the past four-week period alone—24th best on NGX.
Red Star Express is the 100th most traded stock on the Nigerian Stock Exchange over the past three months (Apr 8 – Jul 11, 2025). REDSTAREX has traded a total volume of 15.7 million shares—in 1,546 deals—valued at N133 million over the period, with an average of 248,804 traded shares per session.
OMATEK • 1.46 ▴ 0.13 (9.77%)
The current share price of Omatek Ventures (OMATEK) is N1.46. OMATEK closed its last trading day (Friday, July 11, 2025) at N1.46 per share on the Nigerian Stock Exchange (NGX), recording a 9.8% gain over its previous closing price of 1.33 NGN. Omatek Ventures began the year with a share price of N0.73 and has since gained 100% on that price valuation, ranking it 35th on the NGX in terms of year-to-date performance. Shareholders can be optimistic about OMATEK knowing the stock has accrued an outstanding 85% over the past four-week period alone—11th best on NGX.
Omatek Ventures is the 50th most traded stock on the Nigerian Stock Exchange over the past three months (Apr 8 – Jul 11, 2025). OMATEK has traded a total volume of 193 million shares—in 2,952 deals—valued at N165 million over the period, with an average of 3.06 million traded shares per session. A volume high of 24.7 million was achieved on July 4th, and a low of 122,707 on May 7th, for the same period.
By: Babajide Okeowo
The post FTN Cocoa, Red star, Omatek Ventures, others emerge top stocks to watch this week appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
