Investors who took early positions in stocks like BetaGlass, Honeywell and Vitafoam must be smiling now.
This is because these stocks’ returns surpassed 200 percent in the half year (H1) of 2025. BetaGlass’ stock rose by 414.56 percent in H1, Honeywell’s (+241.27percent), and Vitafoam’s (+221.74percent).
The stocks led other major advancers in H1, spurring the market’s return in H1’2025 to +16.57 percent.
A look at the performance of key sectoral indices shows that in H1’25, the NGX Consumer Goods Index rallied the most by 52.21 percent, NGX Banking Index (+18.06 percent), NGX Insurance Index (+5.23 percent), NGX Industrial (+1.85percent), with NGX Oil & Gas Index the only one in red as it was down by -10.12 percent over the period.
“As we approach the half-year (H1) 2025 earnings season, our focus remains firmly on investor sentiment, corporate announcements, and underlying earnings momentum,” said CardinalStone Research analysts in their June 30 note.
Other notable counters that impressed the market with over 100 percent return in H1’25 were: Champion Breweries (+162.47percent), International Breweries (+150.45percent), NASCON (+126.48percent), and Northern Nigeria Flour Mills (+146.01percent).
Other stocks which exceeded 100 percent returns this year were: Presco (+168.42 percent), Ellah Lakes (+141.77percent), Livestock Feeds (+116.02percent), SCOA (+161.65percent), and UPDC (+104.40percent).
Read also: Aradel, Wema replace Conoil, Julius Berger in NGX 30 Index
“Looking forward, the equities market might continue in its upward trend leading to a slight gain in the ASI. This is hinged on the market benefiting from the excess liquidity in the financial system,” said Lagos-based United Capital research analysts.
“Similarly, investors might start positioning for second-quarter (Q2) earning season, favouring corporates with FX gains, cost control, clear growth trajectory, and those with potentials for quality interim dividend payment.”
Also, Fidson Healthcare’s share price rose by 183.87 percent in H1, Neimeth (+185.15percent), Caverton (+147.41 percent), Skyway Aviation Handling Company (+118.09percent), and ABC Transcorp (+99.19percent).
There are also stocks that investors made money from in first half other than the ones highlighted. Most of their returns were above 50 percent in the review period.
They were: Wema Bank (+64.29 percent), Berger Paints (+50 percent), Cadbury (+93.02percent), Nigerian Breweries (+84.38percent), Nestle (+65.71 percent), PZ (+56.38percent), Unilever (+56.90percent), Eterna (+76.95percent), and Okomu Oil Palm (+77.93percent).
Likewise, NGX Group’s stock price rose by 57.43 percent, Custodian (+58.48 percent), Mutual Benefits (+80.33percent), NEM Insurance (+63.47percent), Abbey Mortgage Bank Plc (+91.67 percent), May & Baker (+64.89percent), CWG (+64.29percent), MTNN (+78.75percent), Academy Press (+70 percent), NAHCO (+95.77percent), RedStar (+72.56percent), and Trans-Nationwide Express Plc (+55.80 percent).
