This week was a bearish one on the Nigerian Stock Exchange, as the All Share Index opened at 32,715.20 and closed at 32,515.52 basis points, down by 199.68 points or 0.61%. Year to date, the index is up 3.45%.
34 equities appreciated in price during the week, lower than 60 in the previous week. 38 equities depreciated in price, higher than 21 equities of the previous week, while 96 equities remained unchanged, higher than 87 equities recorded in the preceding week.
Gainers
Japaul Oil and Maritime Services Plc
Japaul Oil and Maritime Services Plc was the best performing stock on Friday as well as this week. The stock opened at N0.20 and closed at N0.25, up N0.05 or 25%. Year to date, the stock is up 19.05%.
ABC Transport Plc
ABC Transport Plc opened the week at N0.42 and closed at N0.52, up N0.10 or 23.81%. Year to date, the stock is up 79.31%.
Ikeja Hotels Plc
Ikeja Hotels Plc appreciated by 17.68% this week. The stock opened at N1.81 and closed at N2.13, up N0.32. Year to date, the stock is up 39.22%.
Presco Plc
Presco opened the week at N66 and closed at N75, up N9 or 13.64%. Year to date, the stock is up 13.19%.
McNichols Plc
McNichols Plc gained 13.33% this week. The stock opened at N0.45 and closed at N0.51, up N0.06 or 13.33%. Year to date, the stock is up 8.51%.
Dangote Flour Mills
Dangote Flour Mills Plc opened the week at N9.15 and closed at N10.05, up N0.90 or 9.84%. Year to date, the stock is up 46.72%.
Beta Glass
Beta Glass Plc appreciated by 9.27% this week. The stock opened at N72.30 and closed at N79, up N6.70. Year to date, the stock is up 15.67%.
The Initiates Plc
The Initiates Plc opened the week at N0.67 and closed at N0.73, up N0.06 or 8.96%. Year to date, the stock is up by the same margin.
UACN Property Development Company Plc
UPDC appreciated by 8.33%. The stock opened at N1.68 and closed at N1.82, up N0.14 or 8.33%. Year to date, the stock is down 4.71%.
Oando Plc
Oando Plc rounds up the top ten gainers for the week. It also appreciated by 8.33%. The stock opened at N6 and closed at N6.50, up N0.50. Year to date, the stock is up 30%.
Top Losers
Livestock Feeds Plc
Livestock Feeds Plc was the worst performing stock this week, declining by 19.44%. The stock opened at N0.72 and closed at N0.58, down N0.14. Year to date, the stock is up 18.37%.
Wema Bank Plc
Wema bank Plc opened at N1.03 and closed at N0.84, down N0.19 or 18.45%. Year to date, the stock is up 33.33%.
Vitafoam Nigeria Plc
Vitafoam Nigeria Plc declined by 16.32% this week. The stock opened at N4.78 and closed at N4. Year to date, the stock is down 9.09%.
Transnational Corporation Plc
Transnational Corporation Plc opened the week at N1.71 and closed at N1.45, down N0.26 or 15.20%. Year to date, the stock is up 9.85%.
Unity Bank Plc
Unity Bank Plc shed 13.16% this week. The stock opened at N1.14 and closed at N0.99, down N0.15 or 13.16%. Year to date, the stock is down 7.48%.
Neimeth International Pharmaceuticals Plc
Neimeth International Pharmaceuticals Plc opened the week at N0.71 and closed at N0.61, down N0.09 or 12.86%. Year to date, the stock is down 21.79%.
Linkage Assurance Plc
Linkage Assurance Plc shed 10% this week. The stock opened at N0.70 and closed at N0.63, down N0.07 or 10%. Year to date, the stock is down 12.50%.
C & I Leasing Plc
C & I Leasing Plc opened the week at N7.33 and closed at N6.61, down N0.72 or 9.82%. Year to date, the stock is up 271%, largely due to a 4 for 1 share reconstruction.
Cadbury Nigeria Plc
Cadbury Nigeria Plc shed 9.57% this week. The stock opened at N11.50 and closed at N10.40, down N1.10. Year to date, the stock is up 4%.
International Breweries Plc
International Breweries Plc shed 9.48% this week, and rounds up the top 10 losers. The stock opened at N29 and closed at N26.25, down N2.75 or 9.48%. Year to date, the stock is down 13.93%.s o