First Holdco YTD Return Tightens as Share Price Slips
The stock market value of First Holdco Plc declined while its year-to-date (YTD) return tightened as investors reduced shareholdings ahead of the third quarter of 2025 earnings release.
First Holdco Plc’s year-to-date return reduced to 10.3% due to negative price fluctuation stoked by investors’ weak sentiment. The soft selloffs came on Friday when 4.467 million units of First Holdco valued at N138.335 million were transacted in the stock market.
Trading direction was influenced by investors seeking to exit positions; hence, its share price declined by 5 kobo on each of its 41,877,841,591 shares outstanding on the Nigerian Exchange.
At a market price of N31, First Holdco’s year-to-date return was 10.5%. Its shareholders have only gained 10% on their investment in 9 months. As its share price slipped to N30.95, First Holdco’s year to date return toned down.
First Holdco dividend payment has not been sizable or impressive versus its Tier-1 rivals in the market. In the first half, First Holdco did not propose an interim dividend for shareholders.
Investors seeking a high return on a portfolio may find First Holdco, with its tight dividend payment and capital appreciation history, uninteresting to buy and hold for the longer term.
First Holdco was valued at N1.296 trillion in the stock market last week. The group is anticipated to release its third-quarter earnings results ahead of its peers. #First Holdco YTD Return Tightens as Share Price Slips
