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Wema Bank takes the top spot this week

Onome Ohwovoriole by Onome Ohwovoriole
March 9, 2019
in Markets, Spotlight, Stock Market
NSE, Gainers and Losers, Nigerian Stock exchange
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 The Nigerian Stock Exchange closed this week’s trading session in positive territory, albeit marginally. The All Share Index ended this week’s trading session at 31, 924.51 basis points up 0.3%. Year to date, the index remains in the green, up 1.57%. 

Here are the top 5 gainers and losers for the week.

Top Gainers 

Wema Bank Plc 

Wema Bank was the best performing this week. The stock gained 11.7%, opening at N0.77 to close at N0.86. Year to date, the stock is up 36.5%. 

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Cutix Plc 

Cutix Plc appreciated by 9.8% to close at N2.25. Year to date, the stock is up 37.2%.  

Sovereign Trust Insurance Plc 

Sovereign Trust Insurance opened at N0.23 and closed at N0.25, up N0.02 or 8.7%. Year to date, the stock is up 19%.  

International Breweries Plc 

International Breweries opened at N25 and closed at N27, up 8%. Year to date, the stock is down 11.5%.  

NPF Microfinance Bank  

NPF Microfinance Bank gained 7.6% to close at N1.55. Year to date, the stock is down 6.1%. 

Top Losers 

Mutual Benefits Assurance Plc 

Mutual Benefits Assurance was the worst performing stock this week. The stock shed 14.8%, opening at N0.27 and closing at N0.23. Year to date, the stock is up 9.5% 

PZ Cussons Nigeria Plc  

PZ Cussons Nigeria declined by 13.4% this week. The stock opened at N13.45 and closed at N11.60, down N1.80. Year to date, the stock is down 3.7%. 

Livestock Feeds Plc 

Livestock Feeds shed 11.9% this week. The stock opened at N0.67 and closed at N0.59, down N0.08. Year to date, the stock is up 20.4%. 

Academy Press Plc 

Academy Press shed 10% this week. The stock opened at N0.40 and closed at an all-time low of N0.36, down N0.04. Year to date, the stock is down 28%.  

eTRANZACT International Plc  

eTranzact opened the week at N2.93 and closed at N2.64, down N0.29 or 9.9%. Year to date, the stock is down 33.2%, and is trading at a year low.  

 

 


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Tags: Academy Presss PlcCutix PlceTRANZACT International PlcInternational Breweries PlcLivestock Feeds PlcMutual Benefits Assurance PlcNPF Microfinance BankOn the MoneyPZ Cussons Nigeria PlcSovereign Trust InsuranceWema 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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