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Financial sector dominates gainers chart this week

Onome Ohwovoriole by Onome Ohwovoriole
October 13, 2018
in Markets, Spotlight
Gainers and Losers, Niger Insurance Plc
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The Nigerian Stock Exchange (NSE) closed the week on a positive note, as the All Share Index closed the week at 32,456.98 basis points, up 0.22%. Year to date, the index is down 15.13%. 29 stocks gained this week, 100 stocks were unchanged and 40 stocks declined.

Here are the top gainers and losers for the week.

Top Gainers

Wema Bank Plc

Wema Bank was the best performing stock this week. The stock opened at N0.56 and closed at N0.66, up N0.10 or 17.86%. Year to date, the stock is up 26.92%.

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CAP Plc

Chemical and Allied Products Plc appreciated by 15.99% this week. The stock opened at N28.45 and closed at N33.00, up N4.55. Year to date, the stock is down 2.94%.

Mutual Benefits Assurance Plc

Mutual Benefits Assurance opened the week at N0.26 and closed at N0.29, up 11.54% or N0.03. Year to date, the stock is down 42%.

Wapic Insurance Plc

Wapic Insurance gained 10% this week. The stock opened at N0.40 and closed at N0.44, up N0.04. Year to date, the stock is down 12%.

Niger Insurance Plc

Niger Insurance opened at N0.30 and closed at N0.33, up N0.03 or 10%. Year to date, the stock is down 34%.

Cornerstone Insurance Plc

Cornerstone Insurance added 10% this week. The stock opened at N0.20, and closed at N0.22, up N0.02. Year to date, the stock is down 56%.

Okomu Oil Palm Company Plc

Okomu Oil opened at N73.20 and closed at N79.80, up N6.60 or 9.02%. Year to date, the stock is up 17.89%.

Neimeth International Pharmaceuticals Plc

Neimeth International Pharmaceuticals gained 8.47% this week. The stock opened at N0.59 and closed at N0.64, up N0.05. Year to date, the stock is down 14.67%.

Caverton Offshore Support Group

Caverton Offshore Support Group opened at N1.84, and closed at N1.97, up N0.13 or 7.07%. Year to date, the stock is up 52.71%.

Redstar Express Plc

Redstar Express Plc appreciated by 6.98% this week. The stock opened at N4.30 and closed at N4.60, up N0.30. Year to date, the stock is down 10.16%.

 Top Losers

First Aluminum Plc

First Aluminum Plc was the worst performing stock this week. The stock opened at N0.42 and closed at N0.33, down N0.09 or 21.43%. Year to date, the stock is down 34%.

McNichols Plc

McNichols Plc declined by 18.06% this week. The stock opened at N0.72 and closed at N0.59, down N0.13. Year to date, the stock is down 50.83%.

Cutix Plc

Cutix Plc opened at N4.73 and closed at N3.90, down N0.83 or 17.55%. Year to date, the stock is down 94.03%.

John Holt Plc

John Holt Plc fell by 16.98% this week. The stock opened at N0.53, and closed at N0.44, down N0.09. Year to date, the stock is down 12%.

Champion Breweries Plc

Champion Breweries opened at N1.80, and closed at N1.62, down N0.18 or 10%. Year to date, the stock is down.

Honeywell Flour Mills Plc

Honeywell Flour Mills shed 9.93% this week. The stock opened at N1.41 and closed at N1.27, down N0.14. Year to date, the stock is down 39.52%.

The Initiates Plc

The Initiates Plc opened at N0.62, and closed at N0.56, down N0.06 or 9.68%. Year to date, the stock is down 31.71%.

Transcorp Hotels Plc

Transcorp Hotels Plc shed 9.63% this week. The stock opened at N6.75 and closed at N6.10, down N0.65. Year to date, the stock is down 15.40%.

RT Briscoe Plc 

RT Briscoe Plc opened at N0.42 and closed at N0.38, down N0.04 or 9.52%. Year to date, the stock is down 24%.

Northern Nigeria Flour Mills Plc

Northern Nigeria Flour Mills opened at N6.50 and closed at N5.90, down N0.60 or 9.23%. Year to date, the stock is up 3.51%.


Follow us for Breaking News and Market Intelligence.
Tags: CAP PlcCaverton Offshore Support Group.Champion breweriesCornerstone InsuranceCutix PlcFirst Aluminium Nigeria PlcHoneywell Flour Mills PlcJohn Holt PlcMcNichols PlcMutual Benefits Assurance PlcNeimeth International Pharmaceuticals PlcNiger Insurance PlcNorthern Nigeria Flour MillsOkomu Oil Palm Company PlcOn the MoneyR.T Briscoe PlcRedstar ExpressTranscorp Hotel PlcWema Bank Plc
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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