Gainers and Losers, Niger Insurance Plc

The NSE All-Share Index and Market Capitalisation appreciated by 0.66% to close the week at 32,540.17 basis points. Year to date, the index is down 14.91%.

50 equities appreciated in price during the week, higher than 13 in the previous week. 25 equities depreciated in price, lower than 58 equities of the previous week, while 94 equities remained unchanged, lower than 98 equities recorded in the preceding week.

Gainers

Union Diagnostic and Clinical Services Plc

Union Diagnostic and Clinical Services Plc was the best performing stock this week, appreciating by 26.67%. The stock opened at N0.30 and closed at N0.38, up N0.08. Year to date, the stock is down 24%.

First Aluminium Nigeria Plc

First Aluminium Nigeria Plc opened at N0.30 and closed at N0.37, up N0.07 or 23.33%. Year to date, the stock is down 26%.

Forte Oil Plc

Forte Oil gained 22.86% this week. The stock opened at N17.50 and closed at N21.50, up N4.50. Year to date, the stock is down 50.55%.

Regency Alliance Insurance

Regency Alliance Insurance opened at N0.22 and closed at N0.26, up N0.04 or 18.18%. Year to date, the stock is down 52%.

UACN Plc

UAC of Nigeria Plc opened at N10.50 and closed at N11.80, up N1.30. Year to date, the stock is down 30.18%.

Union Bank Plc

Union Bank gained 16% this week. The stock opened at N5.00 and closed at N5.80, up N0.80. Year to date, the stock is down 25.64%.

Skye Bank Plc

The defunct Skye Bank Plc opened its last trading week at N0.67, and closed at N0.77, up N0.10 or 14.93%. Year to date, the stock gained 54% and was one of the best-performing banking stocks on the Nigerian Stock Exchange (NSE).

The CBN, in a press briefing yesterday announced the revocation of the bank’s operating licence.  As such, the bank has ceased trading on the Nigerian Stock Exchange.

Lafarge Africa Plc

Cement giant, Lafarge Africa Plc, appreciated by 13.53% this week. The stock opened at N20.70 and closed at N23.50, up N2.80. Year to date, the stock is down 47.65%.

Prestige Assurance Plc

Prestige Assurance Plc opened the week at N0.43 and closed at N0.48 up N0.05 or 10.42%. Year to date, the stock is up 6%.

Linkage Assurance Plc

Linkage Assurance Plc rounds up our top gainers for the week. The stock opened at N0.59 and closed at N0.63, up N0.04 or 8.47%. Year to date, the stock is down 3.03%.

Losers

Standard Alliance Insurance Plc

Standard Alliance Insurance Plc was the worst performing stock this week, declining by 20%. The stock opened at N0.25 and closed at N0.20, down N0.05. Year to date, the stock is down 60% and is trading at a year low.

AXA Mansard Insurance Plc

AXA Mansard Insurance opened at N2.30 and closed at N1.86, down N0.44 or 19.13%. Year to date, the stock is down 3.63% and is trading at a year low.

Red Star Express Plc

Red Star Express Plc depreciated by 17.43% this week. The stock opened at N5.45 and closed at N4.50, down N0.95. Year to date, the stock is down 12.11%, currently trading at a year low.

Cornerstone Insurance Plc

Cornerstone Insurance opened at N0.24, and closed at N0.20, down N0.04 or 16.67% Year to date, the stock is down 60%.

John Holt Plc

John Holt Plc fell by 8.62% this week. The stock opened at N0.58 and closed at N0.53, down N0.05. Year to date, the stock is down by 6%.

Universal Insurance Plc

Universal Insurance Plc opened the week at N0.25 and closed at N0.23, down N0.02. or 8%. Year to date, the stock is down 54%.

Capital Oil Plc

Capital Oil Plc also declined by 8% this week. The stock opened at N0.25, and closed at N0.23, down N0.02. Year to date, the stock is down 54%.

Consolidated Hallmark Insurance Plc

Consolidated Hallmark Insurance opened at N0.32 and closed at N0.30, down N0.02 or 6.25%. Year to date the stock is down 40%.

Niger Insurance Plc

Niger Insurance fell by 6.05% this week. The stock opened at N0.33 and closed at N0.31, down N0.02. Year to date, the stock is down 38%.

Diamond Bank Plc

Diamond Bank Plc rounds up the top 10 losers for the week, dropping by 5.43%. The stock opened at N1.29 and closed at N1.22, down N0.07. Year to date the stock is down 18.67%.

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