The Nigerian Stock Exchange All-Share Index and Market Capitalisation depreciated by 0.51% to close the week at 35,266.29 basis points and N12.875 trillion respectively. Year to date, the index is down 7.73%.
16 equities appreciated in price during the week, lower than 20 in the previous week. 56 equities depreciated in price, higher than 47 equities of the previous week, while 97 equities remained unchanged, lower than 103 equities recorded in the preceding week.
Gainers
International Breweries Plc
International Breweries was the best performing stock this week. The stock gained 10%, opening at N32 and closing at N35.20, up N3.20. Year to date, the stock is down 35.41%.
Portland Paints and Products Nigeria Plc
Portland Paints is a subsidiary of UAC of Nigeria Plc. The stock opened at N2.25 and closed at N2.47, up N0.22 or 9.78%. Year to date, the stock is up 12.27%.
The company’s Chairman and immediate past Group Managing Director (GMD) of UACN Plc, Larry Ettah resigned this week. Ettah, had recently stepped down from the board of sister companies UPDC plc and CAP Plc.
Sovereign Trust Insurance Plc
Sovereign Trust Insurance opened at N0.24 and closed at N0.26, up N0.02 or 8.33%. Year to date, the stock is down 48%.
AXA Mansard Insurance Plc
AXA Mansard Insurance gained 7.14% during the week. The stock opened at N2.38 and closed at N2.55, up N0.17. Year to date, the stock is up 32.13%.
Unilever Plc
Unilever Plc opened at N52.50 and closed at N55, up N2.50 or 4.76%. Year to date, the stock is up 34.15%.
Cutix Plc
Cutix Plc gained 4.50% this week. The stock opened at N4.00 and closed at N4.18. Year to date, the stock is up 107.96%.
Custodian Investment Plc
Custodian Investment Plc opened at N5.13 and closed at N5.33, up 3.90% or N0.20. Year to date, the stock is up 37.02%.
Dangote Cement Plc
Dangote Cement Plc gained 2.80% during the week. The stock opened at N214 and closed at N220, up N6.00. Year to date, the stock is down 4.35%. The stock had earlier in the week hit a year low.
Linkage Assurance Plc
Linkage Assurance Plc opened at N0.72 and closed at N0.74, up N0.02 or 2.78%. Year to date, the stock is up 12.12%.
Niger Insurance Plc
Niger Insurance rounds up the top 10 gainers with a 2.56% gain. The stock opened at N0.39 and closed at N0.40, up N0.01. Year to date, the stock is down 20%.
Losers
Neimeth International Pharmaceuticals Plc
Neimeth leads the losers chart this week, switching places from the prior week. The stock fell by 25%, opening at N0.80 and closing at N0.60, down by N0.20. Year to date, the stock is down 20%.
Secure Electronic Technology Plc
Secure Electronic Technology (formerly known as NSL Tech) opened at N0.29 and closed at N0.23, down N0.06 or 20.69%. Year to date, the stock is down 54%.
Skye Bank Plc
Skye Bank Plc hit a year low during the week. The stock opened at N0.59 and closed at N0.48, down N0.11 or 18.64%. Year to date, the stock is down 4%.
Berger Paints Plc
Berger Paints opened at N8.00 and closed at N6.55, down N1.45 or 18.13%. Year to date, the stock down 22.85%.
Continental Reinsurance Plc
Continental Reinsurance Plc closed at N1.40, down N0.29 from the N1.69 it started the week with. Year to date, the stock is flat.
Wapic Insurance Plc
Wapic Insurance depreciated by 12.50% during the week. The stock opened at N0.40 and closed at N0.35, down N0.05. The stock is currently trading at a new year low.
Union Diagnostic and Clinical Services Plc
Union Diagnostic fell by 12.12% this week. The stock, which a few weeks ago was one of the best performing, opened at N0.33 and closed at N0.29, down N0.04. Year to date, the stock is down 42%.
Learn Africa Plc
Learn Africa Plc opened at N1.27 and closed at N1.12, down N0.15 or 11.81%.
Oando Plc
Oando Plc shed 11.71% during the week. The stock opened at N5.55 and closed at N4.90, down N0.65. Year to date, the stock is down 18.12%.
UBA Plc
UBA Plc rounds up the top 10 losers this week. The stock fell by 11.64% during the week, opening at N9.45 and closing at N8.35, down N1.10. Year to date, the stock is down 18.93% and is currently trading at a year low.
