Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Markets

NEM Insurance tops gainers chart this week

Onome Ohwovoriole by Onome Ohwovoriole
January 19, 2019
in Markets, Spotlight, Stock Market
Gainers and Losers, Niger Insurance Plc
Share on FacebookShare on TwitterShare on Linkedin

This week’s trading on the Nigerian Stock Exchange (NSE) closed on a positive note. The All Share Index opened at 29,830.70 basis points and closed at 31,005.17 basis points, up 1,174.47 or 3.94%. Year to date, the index is in the red, down 1.35%.

38 equities appreciated in price during the week, higher than 22 in the previous week. 29 equities depreciated in price, lower than 44 of the previous week, while 102 equities remained unchanged, lower than 103 equities recorded in the preceding week.

Top Gainers

NEM Insurance Plc

NEM Insurance Plc was the best performing stock this week. The stock opened at N1.73 and closed at N2.48, up N0.75 or 43.35%. Year to date, the stock is down 8.15%.

RelatedPosts

JP Morgan warns that oil prices could surge to $380 a barrel

Weekly Stock Update: Nigerian Exchange Group record gains, up 0.24% w-o-w

The company yesterday announced that AFIG funds, a private equity firm, had taken up a 30% stake. AFIG is now the single largest individual shareholder.

The stake, from all indications, could be shares sold by VFD Group and several investors.

Sovereign Trust Insurance Plc

Sovereign Trust Insurance gained 30% this week. The stock opened at N0.20 and closed at N0.26, up 30%. Year to date, the stock is up 23.81%.

The company, through its stockbroker, Dynamic Portfolio Limited, submitted an application to the Nigerian Stock Exchange for the approval and listing of a rights issue of 4,170,411,648 ordinary shares of N0.50 each at N0.50 per share, on the basis of 1 new share for every 2 ordinary shares held.

The qualification date for the rights issue was Tuesday, 15 January, 2019.

Royal Exchange Plc 

Royal Exchange Plc opened at N0.21 and closed at N0.27 this week, up N0.06 or 28.57%. Year to date, the stock is up 22.73%.

Cement Company of Northern Nigeria Plc

CCNN (also known as Sokoto Cement) gained 25.50% this week. The stock opened at N20 and closed at N25.10, up N5.10. Year to date, the stock is up 29.38%.

Custodian Investment Plc

Custodian Investment opened at N5.30 and closed at N6.45, up N1.15 or 21.70%. Year to date, the stock is up 14.16%.

Union Bank of Nigeria Plc

Union Bank of Nigeria appreciated by 12.50% this week. The stock opened at N6 and closed at N6.75, up N0.75. Year to date, the stock is up 20.5%.

Dangote Cement Plc

Dangote Cement opened the week at N177 and closed at N194.90, up N17.90, or 10.11%. Year to date, the stock is up 2.74%.

Regency Alliance Plc 

Regency Alliance Plc gained 10% this week. The stock opened at N0.20 and closed at N0.22, up N0.02. Year to date, the stock is up 4.76%.

Unity Bank Plc 

Unity Bank Plc opened at N0.83 and closed at N0.91 this week, up N0.08 or 9.64%. Year to date, the stock is down 14.95%.

Ikeja Hotels Plc 

Ikeja Hotels rounds up the top 10 gainers for the week with a 9.35% gain. The stock opened at N1.39 and closed at N1.52 up N0.13. Year to date, the stock is down 0.65%.

Top Losers

Resort Savings and Loans Plc 

Resort Savings and Loans Plc was the worst performing stock this week. The stock shed 29.73%, opening at N0.37 and closing at N0.26, down N0.11. Year to date, the stock is down 48%.

Beta Glass Plc 

Beta Glass Plc opened at N67 and closed at N55, down N12 or 17.91%. Year to date, the stock is down 19.47%.

Linkage Assurance Plc

Linkage Assurance declined by 13.85% this week. The stock opened at N0.65 and closed at N0.56, down N0.09. Year to date, the stock is down 22.22%.

Berger Paints Plc 

Berger Paints opened at N8.60 and closed at N7.75, down N0.85 or 9.88%. Year to date, the stock is down by the same margin.

Etranzact International Plc

Etranzact International Plc dropped by 9.87% this week. The stock opened at N3.95 and closed at N3.56, down N0.39. Year to date, the stock is down by the same margin.

The company had this week held an Extra Ordinary General Meeting (EGM) to obtain shareholders approval to raise N7 billion fresh capital. It has yet to issue a notice pertaining to the outcome.

Newrest ASL Plc 

Newrest ASL opened at N7.90 and closed at N7.15, down N0.75 or 9.49% this week. Year to date, the stock is down by the same margin.

Livestock Feeds Plc 

Livestock Feeds shed 9.43% this week. The stock opened at N0.53 and closed at N0.48, down N0.05 or 9.43%. Year to date, the stock is down 2.04%.

Northern Nigeria Flour Mills 

Northern Nigeria Flour Mills (a subsidiary of Flour Mills of Nigeria Plc) opened the week at N4.35 and closed at N3.95, down N0.40 or 9.20%. Year to date, the stock is down 17.71%.

Cornerstone Insurance Plc 

Cornerstone Insurance Plc fell by 9.09% this week. The stock opened at N0.22 and closed at N0.20, down N0.02. Year to date, the stock is flat.

Wapic Insurance Plc

Wapic Insurance Plc rounds up the top 10 losers for the week. The stock opened at N0.44 and closed at N0.40, down N0.04 or 9.09%. Year to date, the stock is down 4.76%.

Related

Tags: Berger Paints Nigeria PlcBeta Glass PlcCCNNCornerstone Insurance PlcCustodian Investment PlcDangote Cement PlceTRANZACT International PlcIkeja Hotel PlcLinkage Assurance PlcLivestock Feeds PlcNEM Insurance PlcNewrest ASL Nigeria PlcNorthern Nigeria Flour MillsOn the MoneyRegency AllianceResort Savings and LoansRoyal Exchange PlcSovereign Trust InsuranceUnion Bank of Nigeria PlcUnity Bank PlcWapic Insurance Plc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • JP Morgan warns that oil prices could surge to $380 a barrel
    • Buhari says Lekki Deep Sea Port to create job opportunities, facilitate trade
    • Weekly Stock Update: Nigerian Exchange Group record gains, up 0.24% w-o-w

    Follow us on social media:

    Recent News

    reserves, Nigeria Crude Oil Prices, Nigeria wants international oil companies to pay up now , Trade conflict between United States, China continues to affect oil prices, Global oil prices rally to $69.16, as Soleimani killed in US air strike, Crude oil prices continue to rise on the backdrop of US-Iran tension, Coronavirus projected to affect crude oil demand negatively , Worry, as Coronavirus threat pushes oil price below budget benchmark, Coronavirus: FG to review budget as oil price plunges, BOOM: Crude oil price crash below $30 in worst trading day since 1930,Bears ravage Global market, Brent Oil surges 10% trading at $27.29 per barrel, Crude Oil up 10% as Brent crude raises to $27 per barrel, Oil market crisis – possible production shutdown looms, The time crude oil became cheaper than water,, Brent crude surges past $40, analyst recommends investment in crude oil derivatives, Nigeria's Bonny light hit four months high, Nigeria's Bonny light hit four months high

    JP Morgan warns that oil prices could surge to $380 a barrel

    July 2, 2022
    Buhari says Lekki Deep Sea Port to create job opportunities, facilitate trade

    Buhari says Lekki Deep Sea Port to create job opportunities, facilitate trade

    July 2, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com