Shares of the indigenous company, Golden Guinea Breweries Plc, have surged by over 40% week-to-date on the Nigerian Exchange, following an impressive streak of nine positive trading days.

As of November 30, 56 stocks listed on the Nigerian Exchange (NGX) outperformed the All-Share Index (ASI) year-to-date (YTD), according to Nairametrics Research.

Shares of Betaglas, a leading glassware company, have climbed over 15% month-to-date, bringing its total growth for November and December to 27%, with the stock currently priced at N57.

Swiss building materials giant, Holcim AG has announced the sale of its Nigerian business to China’s Huaxin Cement Co. in a deal valued at $1 billion.