For the second consecutive week, the Nigerian equities market raked in profit running into trillions of Naira as investors gained N1.812 trillion profit.at the close of business.
The capital market opened for four days last week due to the Eid-El-Kabir holidays declared by the Federal Government.
The market recorded gains in all four trading sessions.
The market capitalisation increased to N72.2 trillion from the N70.4 trillion recorded the previous week.
Similarly, the All-Share Index (ASI) appreciated by 2.57% to close the week at 114,616.75 points from the 111,742.01 points recorded the previous week.
The bullish run was propelled by strong showing from stocks like Oando Plc, Lasaco Assurance Plc and Multiverse Mining And Exploration Plc to secure their places amongst the top ten best-performing stocks last week, positioning 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.
OANDO • 56.85 ▴ 5.15 (9.96%)
The current share price of Oando Plc (OANDO) is N56.85. OANDO closed its last trading day (Thursday, June 5, 2025) at N56.85 per share on the Nigerian Stock Exchange (NGX), recording a 10% gain over its previous closing price of N51.70. Oando began the year with a share price of N66.00 but has since lost 13.9% off that price valuation, ranking it 132nd on the NGX in terms of year-to-date performance. Shareholders’ fears may be allayed by the 32% increase of OANDO share price since May 8th, which is 10th best on NGX.
Oando is the 29th most traded stock on the Nigerian Stock Exchange over the past three months (Mar 4 – Jun 5, 2025). OANDO has traded a total volume of 248 million shares—in 33,210 deals—valued at N11.6 billion over the period, with an average of 3.93 million traded shares per session. A volume high of 21.2 million was achieved on June 5th, and a low of 844,701 on March 26th, for the same period.
LASACO • 3.15 ▾ 0.05 (1.56%)
The current share price of Lasaco Assurance (LASACO) is N3.15. LASACO closed its last trading day (Thursday, June 5, 2025) at N3.15 per share on the Nigerian Stock Exchange (NGX), recording a 1.6% drop from its previous closing price of N3.20. Lasaco began the year with a share price of N3.09 and has since gained 1.94% on that price valuation, ranking it 81st on the NGX in terms of year-to-date performance. Shareholders can be optimistic about LASACO knowing the stock has accrued 31% over the past four-week period alone—12th best on NGX.
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Lasaco Assurance is the 37th most traded stock on the Nigerian Stock Exchange over the past three months (Mar 4 – Jun 5, 2025). LASACO has traded a total volume of 191 million shares—in 3,919 deals—valued at N484 million over the period, with an average of 3.04 million traded shares per session. A volume high of 36.5 million was achieved on March 14th, and a low of 143,622 on March 13th, for the same period.
MULTIVERSE • 9.15 0.00
The current share price of Multiverse Mining & Exploration (MULTIVERSE) is N9.15. MULTIVERSE closed its last trading day (Thursday, June 5, 2025) at N9.15 per share on the Nigerian Stock Exchange (NGX). Multiverse Mining & Exploration began the year with a share price of 7.35 NGN and has since gained 24.5% on that price valuation, ranking it 47th on the NGX in terms of year-to-date performance.
Multiverse Mining & Exploration is the 89th most traded stock on the Nigerian Stock Exchange over the past three months (Mar 4 – Jun 5, 2025). MULTIVERSE has traded a total volume of 20.8 million shares—in 1,911 deals—valued at N181 million over the period, with an average of 330,316 traded shares per session. A volume high of 1.8 million was achieved on May 20th, and a low of 2,583 on April 10th, for the same period.
By: Babajide Okeowo
The post Multiverse mining, Lasaco, Oando, others emerge as top stocks to watch this week appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
