12/11/2013 – The Nigerian Allshare Index gained 1% today to 38,293.59 as Conoil Plc continued its bullish trends. Conoil plc rose 10% today to N62.55 making it 5th straight day of gaining. The stock has now risen 34% in the last 5 days. Transcorp Plc was another stock also on the rise having now risen a whopping 42% in the last one week alone to N2.73.
ABC Transport also joined the gainers chart gaining 5% as investors await their results. NEM Insurance led the losers chart dropping 5% in one day trading alone. The stock has only gained 9% in the last one year as results haven’t been released in a timely manner for investors to know how they are performing.
These are the list of gainers and losers as compiled by Bloomberg
| TOP GAINER | % Change |
|---|---|
| Conoil PLC | +10.22% |
| Transnational Corp o… | +10.08% |
| Forte Oil PLC | +4.99% |
| Beta Glass Co PLC | +4.96% |
| Associated Bus Co PL… | +4.94% |
| Vono Products PLC | +4.76% |
| UTC Nigeria PLC | +4.76% |
| Custodian and Allied… | +4.55% |
| Sterling Bank PLC | +4.39% |
| Wema Bank PLC | +4.39% |
| TOP LOSER | % Change |
|---|---|
| NEM Insurance Co Nig… | -5.00% |
| Learn Africa Plc | -5.00% |
| Ashaka Cement PLC | -4.96% |
| RT Briscoe Nigeria P… | -4.84% |
| DN Meyer PLC | -4.68% |
| Cutix PLC | -4.64% |
| NPF Microfinance Ban… | -4.55% |
| Portland Paints & Pr… | -4.55% |
| UBA Capital PLC | -4.41% |
| Neimeth Internationa… | -4.39% |
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