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:
Nestlé Nigeria Plc currently holds the top spot with an impressive year-to-date performance of 81.77% as of market close on May 22, 2025, bringing its market capitalization to N1.2 trillion.
Since the beginning of the year, the stock has consistently closed each month in the green, reaching a milestone of N1,000 per share in March.
Starting in January at N875 per share, the stock traded a volume of 3.2 million shares, closing the month at N975.
However, the majority of the year-to-date surge is likely due to a strong performance in May 2025, following the release of the company’s Q1 2025 results.
- The company reported a pre-tax profit of N51.15 billion, marking a strong recovery from the N196.08 billion loss recorded in the same period last year. Additionally, revenues surged by 60.71%, reaching N294.8 billion.
In just May 2025, shares of Nestlé Nigeria have surged by 43.59% month-to-date, propelling the company’s year-to-date performance to an impressive 81.77%.
