The Nigerian stock market ends February in the golf green, as Dangote Cement, shines 

The All-Fragment Index closed February 2025 on a sturdy exclaim, rising 3,325.27 aspects to 107,821.39 aspects by February Twenty eighth.

This represents a 3.18% magnify from the month’s opening identify of 104,496.12 aspects, amid valid features in mid-cap stocks and well-known contributions from heavyweight DANGOTE CEMENT.

Then all all over again, trading quantity lowered to 9.2 billion shares, down 27.30% from 12.6 billion shares traded in January.

Market capitalization rose severely, climbing from N64.7 trillion first and foremost of the month to N67.1 trillion by its terminate.

Market performance 

The Nigerian stock market confirmed positive momentum, specifically in mid-cap and pick out abundant-cap stocks. All-Fragment began February on a sturdy exclaim, surging above 108,000 throughout the 2nd week.

Whereas the third week seen modest features, the index in the slay fell, closing lower in the fourth week at 107,821 aspects.

Key highlights of the month 

• The NGX Top price Index won 7.43%, with DANGOTE CEMENT rising over 20%, alongside with smaller features in LAFARGE and MTNN.

• The NGX 30 Index also increased by 1.55%.

Sectorial indices 

• The NGX Industrial Goods Index jumped by 10%, supported by over 20% features in DANGOTE CEMENT and BETAGLASS.
• The NGX User Goods Index grew by 1.70%.
• Conversely, the NGX Oil & Gas Index fell by 4%, amid a decline of over 15.13% in OANDO.
• The BANKING and INSURANCE sectors also declined, by 2.07% and nil.87%, respectively.

The pinnacle gainers

Leading the fee amongst gainers was PZ CUSSONS, which climbed by fifty three.91% month-to-date, followed by UPDC at fifty three.forty eight%. A kind of considerable gainers incorporated:

• ETERNA: up 52.17%, N42.00
• HONEYWELL FLOUR MILLS: up 43.00%, N13.70
• LIVESTOCK: up 40.19%, N7.43
• BETAGLASS: up 39.65%, N99.85
• CAVERTON OFFSHORE SUPPORT: up 37.21%, N2.95
• PRESCO: up 34.18%, N785
• AFRIPUD: up 32.09%, N35.40
• REDSTAREX: up 32%, N6.60

Top losers
On the losers’ table was UNION DICON SALT, which declined by 28% month-to-date, followed by LEARN AFRICA at 28%. A kind of losers incorporated:

• EUNISELL INTERLINKED: down 27%, N9.80
• UNIVERSITY PRESS: down 18.75%, N4.55
• DARRCOMM: down 17.95%, N0.64
• GOLDEN GUINEA BREW: down 17.94%, N7.09
• PRESTIGE: down 15.38%, N1.10
• OANDO: down 15.13%, N58.05
• GUINEA INSURANCE: down 12.33%, N0.64
• TRIPPLE GEE AND CO: down 12.32%, N2.20

Corporate actions 

A diversity of company actions took contrivance in February:

• PRESCO launched its Q4 statement for the length ending December 31, 2025.
• FIDSON HEALTHCARE printed its Q4 statement for the length ending December 31, 2025.
• VFD launched its Q4 financial outcomes.
• DANGOTE presented plans for the growth of its ETHIOPIA CEMENT PLANT price USD 400 million.
• TRANSCORP HOTELS presented its audited financial outcomes for the stout 365 days of 2024.

Market outlook

The All-Fragment Index is on the 2nd experiencing bullish momentum, environment its sights on the 110,000 threshold on the monthly time physique.

Sure responses to favorable earnings outcomes reported in unhurried January and early February may per chance power the index previous the 110,000-level trace, offered it just isn’t any longer perceived as overbought.