The Nigerian Exchange (NGX) posted a moderate 16.57% year-to-date return in the first half of 2025; a slower pace compared to the 33.81% rally recorded during the same period last year.
Despite this, several individual stocks significantly outperformed the broader market, delivering triple-digit returns and signaling investor appetite for turnaround stories, growth plays, and speculative opportunities.
From Beta Glass’s fundamentals-backed rally to Smart Products’ speculative surge, the first half of 2025 produced a wide mix of winners; some still reasonably valued, others priced for perfection.