What a week just ended and thank God it has finally passed us buy. So many stocks found themselves on the losing end while some managed to stay the course. However, one particular stocks posted the most losses and thus topped the losers chart for a week in October many will not forget easily or will love to forget.
United Bank for Africa (UBA) ended a tumultuous week as the stock that lost the most ending the week with a 16.6% loss. It opened the week at N6.35 and closed friday at N5.29. Here are the rest of the losers this week.
|Company||Open||Close||Loss (N)||% Change|
|UNITED BANK FOR AFRICA PLC||6.35||5.29||-1.06||-16.69|
|TRANSNATIONAL CORPORATION OF NIG PLC||5.49||4.69||-0.8||-14.57|
|SEPLAT PETROLEUM DEVELOPMENT COMPANY LTD||639.5||548.31||-91.19||-14.26|
|CAVERTON OFFSHORE SUPPORT GRP PLC||4.84||4.18||-0.66||-13.64|
|ROYAL EXCHANGE ASSURANCE PLC||0.59||0.51||-0.08||-13.56|
|LAFARGE AFRICA PLC||127.99||111.06||-16.93||-13.23|
|DANGOTE SUGAR REFINERY PLC||8.1||7.05||-1.05||-12.96|
|LIVESTOCK FEEDS PLC||3.08||2.7||-0.38||-12.34|
|PORTLAND PAINTS AND PRODUCTS NIG. PLC||5.5||4.84||-0.66||-12|