Six Nigerian stocks, each valued at over one trillion naira, have surged more than 20% so far in 2025, delivering strong price performances that have played a crucial role in keeping the All-Share Index (ASI) in positive territory.
These companies are part of the SWOOTs, a group of Nigerian Exchange-listed firms with market capitalizations exceeding one trillion naira that wield significant influence on the All-Share Index, depending on market trends and their size.
In 2025 so far, the All-Share Index has posted a year-to-date performance of 6.08%, closing at 109,183.93 index points as of market close on the 22nd of May 2025.
Despite a decline that began in mid-February, during which the index shed over 5,300 points to reach a low of 103,851.88 in April, positive price action in mid- and large-cap stocks (many of which are SWOOTs) helped lift the index back above the 109,000-mark.
This piece examines the SWOOTs on the Nigerian Exchange that have gained more than 20% so far this year.
Here are the SWOOTs that have gained over 20% so far in 2025 on the Nigerian stock market:
Nigerian Breweries Plc holds the second spot with an impressive year-to-date performance of 77.81% as of market close on May 22, 2025, and a current market cap of N2.7 trillion.
The stock began the year priced at N32.00, supported by a robust trading volume of 205.7 million shares, and ended January positively.
While February and March also closed in the green, bullish momentum accelerated in mid-April following the release of the company’s Q1 2025 financial results.
- Nigerian Breweries reported a profit of N69.9 billion, a strong rebound from a loss of N65.5 billion in the same quarter of 2024. This performance was driven by a 68.91% increase in net revenue, which soared to N383.6 billion.
Since then, the stock has posted three consecutive weeks of gains, breaking through the N50.00 resistance level in early May 2025.
