In the first half of 2025, the consumer goods sector emerged as the strongest performer on the Nigerian Stock Market, surging by 52.21% and pushing the banking sector to second place with an 18.06% gain.
Tracked by the NGX Consumer Goods Index, the sector gained 904.2 points, leaping from 1,731.7 to break past the 2,000 mark, before closing June at 2,635.9.
The rally was not just about rising prices as trading activity also increased, with the sector recording a market volume of 4.4 billion shares, the highest half-year total since 2013.
As analysts had expected, the sector surged as investor confidence grew, driven by a return to profitability in many consumer goods companies, supported by a stable exchange rate and lower inflation.
This return likely triggered increased investor interest, resulting in strong price movements and high market participation seen during the half-year period.
Below are the top 10 performing among all profitable consumer goods companies in H1 2025.
Champion Breweries surged 162.5%, placing 4th among the most profitable consumer goods stocks in H1 2025.
From N3.81 in January, the stock hit N10.00 by June, with over 907 million shares traded. The steepest ascent came in May and June, as price broke through N6, rallying to the N10 mark.
The surge was likely driven by positive reaction to the company’s Q1 2025 results, which showed 93.8% revenue growth and a rebound to N1.7 billion pre-tax profit, from a N798.4 million loss the year before.
