Zichis Gains 497% After NGX Listing on January 20
Zichis topped the gainers’ chart in the Nigerian market, recording about 61% surge in its quoted price as the agro-allied stock continues to attract investors’ attention.
The company’s market value has increased by 497% in less than one month; the stock market value of Zichis Plc.’s 600 million outstanding shares has increased to N6.48 billion as of Friday’s close.
According to data obtained from the Nigerian Exchange, Zichis share price has increased to N10.80 on Friday, when 3.109 million units valued at N33.581 million was traded in the market.
Zichis opened the week at N6.72 per share, and there were significant trading activities on the agro allied company stock, which helped push the price to N10.80.
The agro allied company came to the Nigerian bourse at N1.81 per share in January 20, 2026, and has since then experienced sharp, persistent price movements.
Nigerian Exchange trading data tracked by MarketForces Africa Research showed significant market actions on Zichis, suggesting investors were taking early entry in anticipation of earnings, capital gain, and dividends in 2026.
Trading volume has remained strong since it listed. Last week’s price surge was fueled by increased market activity, with trading volume ranging between 827, 278 units and 5,983,000 units.
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