The Nigerian Stock Exchange ended the week on a positive note as the All Share Index closed at 32,766.37 basis points, up 0.71%.
The index also closed the month, in the red down 5.97%. Year to date, the market is in the negative down 14.32%.
28 equities appreciated in price during the week, lower than 50 in the previous week. 41 equities depreciated in price, higher than 25 equities of the previous week, while 100 equities remained unchanged higher than 94 equities recorded in the preceding week.
Top Gainers
Niger Insurance Plc
Niger Insurance was the best performing stock today. The stock opened at N0.31 and closed at N0.37, up N0.06 or 19.35%. Year to date, the stock is down 26%.
Veritas Kapital Assurance Plc
Veritas Kapital gained 15.38% during the week. The stock opened at N0.26 and closed at N0.30, up N0.04. Year to date, the stock is 40%.
UACN Property Development Company
UACN Property Development Company appreciated by 14.71%. The stock opened at N1.70 and closed at N1.95, up N0.25. Year to date, the stock is down 30.11%.
First Aluminium Plc
First Aluminium opened at N0.37 and closed at N0.41, up N0.04 or 10.81%. Year to date, the stock is down 18%.
The company had earlier this week held its Annual General Meeting, during which retail shareholders protested its plans to voluntarily delist from the Nigerian Stock Exchange (NSE).
Stanbic IBTC Holdings
Stanbic IBTC Holdings appreciated by 9.52% this week. The stock opened at N42 and closed at N46, up N4. Year to date, the stock is up 10.41%.
Linkage Assurance Plc
Linkage Assurance Plc opened at N0.64 and closed at N0.70, up N0.06 or 9.37%. Year to date, the stock is up 6.06%.
University Press Plc
University Press Plc appreciated by 7.33% during the week. The stock opened at N1.91 and closed at N2.05, up N0.14. Year to date, the stock is down 10.09%.
Cement Company of Northern Nigeria Plc
Cement Company of Northern Nigeria (also known as Sokoto Cement) opened at N23.70 and closed at N25.30, up N1.60 or 6.75%. Year to date, the stock is up 166.32% and is the best performing stock on the NSE, year to date.
Neimeth International Pharmaceuticals
Neimeth International Pharmaceuticals opened at N0.62 and closed at N0.66, up N0.04. or 6.45%. Year to date, the stock is down 12%.
Vitafoam Plc
Vitafoam Plc rounds up the list of top 10 gainers. The stock appreciated by 6.06%, opening at N3.30 and closing at N3.50, up N0.20. Year to date, the stock is up 16.67%.
Losers
Union Bank Plc
Union Bank was the worst performing stock this week. The stock opened at N5.80 and closed at N5.10, down N0.70 or 12.07%. Year to date, the stock is down 34.62%.
Union Diagnostic and Clinical Services Plc
Union Diagnostic and Clinical Services Plc declined by 10.53% during the week. The stock opened at N0.38 and closed at N0.34, down N0.04. Year to date, the stock is down 32%.
Livestock Feeds Plc
Livestock Feeds Plc opened at N0.63 and closed at N0.57, down N0.06 or 9.52%. Year to date, the stock is down 31.33%.
Unity Bank Plc
Unity Bank Plc shed 9.38% this week. The stock opened at N0.96 and closed at N0.87, down N0.09. Year to date, the stock is up 64.15% and is the best performing bank stock.
UAC of Nigeria Plc
UAC of Nigeria Plc opened at N11.80 and closed at N10.70, down N1.10 or 9.32%. Year to date, the stock is down 36.69%.
Nigerian Aviation Handling Company Plc (NAHCO) Aviance
NAHCO Aviance opened at N3.60 and closed at N3.27, down N0.33 or 9.17%. Year to date, the stock is down 17.84%.
ABC Transport Plc
ABC Transport Plc opened at N0.33 and closed at N0.30, down N0.03 or 9.09%. Year to date, the stock is down 40%.
Guinness Nigeria Plc
Guinness Nigeria Plc also shed 9.09% this week. The stock opened at N88 and closed at N80, down N8. Year to date, the stock is down 14.89%.
Berger Paints Plc
Berger Paints Plc opened at N6.90 and closed at N6.30 down N0.60 or 8.70%. Year to date, the stock is down 25.80%.
Japaul Oil and Maritime Services Plc
Japaul Oil and Maritime Services Plc opened at N0.24 and closed at N0.22, down N0.02 or 8.33%. Year to date, the stock is down 56%.
