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NGX Lotus Islamic Index Soars 8.56% in Q1 2025!

4/5/2025

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Summary

Story summary

The NGX Lotus Islamic Index surged 8.56% in Q1 2025, surpassing the NGX All-Share Index's 2.66% increase.
Market capitalization rose from N62.76 trillion to N66.27 trillion during the quarter.
UPDC, Honeywell Flour, and Presco were standout performers, gaining 86.79%, 96.03%, and 65.25%, respectively.
Q1 2025 growth was moderated by investor profit-taking compared to the previous year.

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Story summary

The NGX Lotus Islamic Index surged 8.56% in Q1 2025, surpassing the NGX All-Share Index's 2.66% increase.
Market capitalization rose from N62.76 trillion to N66.27 trillion during the quarter.
UPDC, Honeywell Flour, and Presco were standout performers, gaining 86.79%, 96.03%, and 65.25%, respectively.
Q1 2025 growth was moderated by investor profit-taking compared to the previous year.