This week was a bearish one on the Nigerian Stock Exchange, as the All Share Index shed 2.12%.
26 equities appreciated in price during the week, lower than 34 in the previous week. 38 equities depreciated in price, the same with 38 equities of the previous week, while 104 equities remained unchanged, higher than 96 equities recorded in the preceding week.
Top Gainers
Cornerstone Insurance
Cornerstone Insurance Plc was the best performing stock this week. The stock gained 19.05%, opening at N0.21 and closing at N0.25, up N0.04. Year to date, the stock is up 25%.
Livestock Feeds Plc
Livestock Feeds Plc appreciated by 15.52% this week. The stock opened at N0.58 and closed at N0.67, up N0.09. Year to date, the stock is up 36.73%.
Veritas Kapital Assurance
Veritas Kapital Assurance Plc opened the week at N0.21 and closed the week at N0.24, up N0.03. Year to date, the stock is up 4.35%.
C and I Leasing Plc
C and I Leasing Plc gained 9.98% this week. The stock opened at N6.61 and closed at N7.27, up N0.66. Year to date, the stock is up 308%.
Neimeth International
Neimeth International Pharmaceuticals Plc opened the week at N0.61 and closed at N0.67, up N0.06. Year to date, the stock is down 14.1%.
AG Leventis Plc
AG Leventis Plc appreciated by 9.68% this week. The stock opened at N0.31 and closed at N0.34, up N0.03 or 9.68%. Year to date, the stock is up 25.93%.
Newrest ASL Nigeria Plc
Newrest ASL Nigeria Plc opened the week at N6.45 and closed at N7.05, up N0.60 or 9.30%. Year to date, the stock is down 10.76%.
This week, the company’s shares were placed on full suspension by the Nigerian Stock Exchange prior to its delisting from the exchange.
Niger Insurance Plc
Niger Insurance Plc gained 9.09%. The stock opened at N0.22 and closed at N0.24, up N0.02. Year to date, the stock is flat.
PZ Cussons Nigeria
PZ Cussons Nigeria Plc opened at N12.35 and closed at N13.45, up N1.10 or 8.91%. Year to date, the stock is up 11.16%.
John Holt Plc
John Holt Plc rounds up the top 10 gainers for the week. The stock appreciated by 8.33% opening at N0.21 and closing at N0.24, up N0.03. Year to date, the stock is up 18.18%.
Losers
Transcorp Plc
Transnational Corporation Plc was the worst performing stock this week. The stock opened at N1.45 and closed at N1.21, down N0.24, or 14.48%. Year to date, the stock is down 6.06%.
The stock was marked down by N0.03 this week, in line with its declaration of a dividend.
NPF Microfinance Bank
NPF Microfinance Bank Plc fell by 12.73% this week. The stock opened at N1.65 and closed at N1.44, down N0.21. Year to date, the stock is down 12.73%.
Oando Plc
Oando Plc opened the week at N6.50 and closed at N5.75, down N0.75 or 11.54%. Year to date, the stock is up 15%.
Unilever Plc
Unilever Plc fell by 10% this week. The stock opened at N43 and closed at N38.70, down N4.30. Year to date, the stock is up 4.59%.
Goldlink Insurance Plc
Goldlink Insurance Plc opened the week at N0.48 and closed at N0.44, down N0.04 or 8.33%. Year to date, the stock is down 16.98%.
Wema Bank Plc
Wema Bank Plc also declined by 8.33% this week. The stock opened at N0.84 and closed at N0.77, down N0.07. Year to date, the stock is up 22.22%.
Eterna Plc
Eterna Plc opened the week at N4.80 and closed at N4.40, down N0.40 or 8.33%. Year to date, the stock is down 6.38%.
Japaul Oil and Maritime Plc
Japaul Oil and Maritime Plc, which was last week’s best performing stock, took a tumble this week. The stock opened at N0.25 and closed at N0.23, down N0.02. Year to date, the stock is up 9.52%.
Access Bank Plc
Access Bank Plc opened at N6.40 and closed at N5.80, down N0.50 or 7.81%. Year to date, the stock is down 13.24%.
FBN Holdings
FBN Holdings Plc rounds up the top 10 losers for the week. The stock opened at N8.35 and closed at N7.75, down N0.60 or 7.19%. Year to date, the stock is down 2.52%.