December 12, 2025
MTN Nigeria Plc, on Friday hit a new 52 weeks high in the Nigerian stock market as investors doubled down on their bets on telecommunication company stock.
According to its trading data obtained from the Nigerian Exchange, the telcom giant share price climbed to N531.70 on Friday.
The upward price movement resulted from increased trading activities on the telecom company shares. Data showed that on Friday, the telecom company share price rose by 7.26% over a huge trading volume of 2.643 million transacted at the total value of N1.383 billion.
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Trading activities in MTN Nigeria Plc have been relatively strong, and the price surge suggests activities of buy-side actors taking positions ahead of Q4 earnings.
At the close of the trading session, the market value of MTN Nigeria’s 20.996 billion outstanding shares in the Nigerian bourse has increased to N11.163 trillion.
