Ruth Ibikunle
The positive vibration on the floor of the Nigerian Exchange (NGX) is set to continue in this new week as investors anticipate most Q3 2025 results hit the market before the end of the week.
According to the Managing Director of APT Securities and Funds Limited, Mallam Garba Kurfi, market performance for the week is going to be better than the previous week.
Mallam Kurfi stated thus:
“The outlook for the week is going to be better in view of the end of the month. Mostly stocks closed better by the end of the month because of the Asset Management closed their book at the end of the months. We are expecting Q3 results as most of the companies held their Q3 board meetings, which are expecting results, and the few so far released were very good and expecting others to repeat the same performance.
How would you rate Q3 2025 earnings report released so far?
The Q3 results so far released are very good especially result of Industries and insurance companies. If there is any likely set back, that may be the Banks because there is no foreign exchange gain for the year 2025 compared to 2024 results and due to the provision of impairment as we witness in their Q2 results especially Access, GT Bank among others.
What is driving the growth in ARADEL, PZ, NASCON, BUA Cement, Dangote Cement, MTN?
The additional acquisition of 40% of MND West by Aradel pushed the price higher together with the anticipated result of Q3, which normally follows with interim dividends.
PZ rose as a result of Q1 results by the end of August 2025 with strong earnings compared with the loss in the previous year. While MTN, NASCON, and BUA CEMENT are anticipated Q3 results
What are the stocks to watch?
The stocks to watch are PZ, Caverton, Lafarge Africa (WAPCO) and Aradel among others.