This week was a negative one, as the Nigerian Stock Exchange, All Share Index closed down 2.45%. The index opened at 31,924.51 basis points and closed at 31,142.72 basis points. Year to date, the index is down 0.92%.
18 equities appreciated in price during the week, lower than 24 in the previous week. 45 equities depreciated in price, higher than 37 equities of the previous week, while 105 equities remained unchanged lower than 107 equities recorded in the preceding week.
Top Gainers
Chemical and Allied Products Plc
Chemical and Allied Products Plc was the best performing stock this week. The stock opened at N34 and closed at N37.40, up N3.40 or 10%. Year to date, the index is up 7.32%.
McNichols Plc
McNichols Plc appreciated by 9.62% this week. The stock opened at N0.52 and closed at N0.57, up N0.05. Year to date, the stock is up 21.28%.
Royal Exchange Plc
Royal Exchange Plc opened the week at N0.32 and closed at N0.25, up N0.03 or 9.37%. Year to date, the stock is up 59.09%.
Cadbury Nigeria Plc
Cadbury Nigeria Plc gained 9.09% this week. The stock opened at N11.00 and closed at N12.00, up N1.00. Year to date, the stock is up 20%.
UPDC
UACN Property Development Company (UPDC) opened the week at N1.82 and closed at N1.95, up N0.13 or 7.14%. Year to date, the stock is up 2.09%
Neimeth International Pharmaceuticals
Neimeth International Pharmaceuticals appreciated by 4.69% this week. The stock opened at N0.64 and closed at N0.67, up N0.03. Year to date, the stock is down 14.1%
Mutual Benefits Assurance Plc
Mutual Benefits Assurance Plc opened the week at N0.23 and closed at N0.24, up N0.01 or 4.35%. Year to date, the stock is up 4.29%.
NEM Insurance Plc
NEM Insurance appreciated by 4.17% this week. The stock opened at N2.40 and closed at N2.50, up N0.10. Year to date, the stock is down 7.41%.
Consolidated Hallmark Insurance
Consolidated Hallmark Insurance opened the week at N0.28 and closed at N0.29, up N0.01 or 3.57%. Year to date, the stock is down 23.68%.
NASCON Allied Insurance Plc
NASCON Allied Insurance Plc rounds up the top 10 gainers for the week. The stock opened at N20 and closed at N20.70, up N0.70 or 3.50%. Year to date, the stock is…
Losers
Africa Prudential Plc
Africa Prudential Plc was the worst performing stock this week. The stock declined by 20.83% opening at N4.80 and closing at N3.80, down N1.00. Year to date, the stock is down 1.81%.
The stock was this week marked down by N0.50 following the declaration of a dividend. Ex-dividend price was N4.05.
FCMB Group Plc
FCMB opened at N2.12 and closed at N1.85, down N0.27 or 12.74%. Year to date, the stock is down 2.12%.
Zenith Bank Plc
Zenith Bank shed 11.82% this week. The stock opened at N24.95 and closed at N22, down N2.95 or 11.82%. Year to date, the stock is down 4.56%.
The stock was this week marked down by N2.50 following the declaration of a dividend. Ex-dividend price was N22.45.
International Breweries Plc
International Breweries opened the week at N27 and closed at N24.05, down N2.95% or 10.93%. Year to date, the stock is down 21.15%.
Wema Bank Plc
Wema Bank declined by 10.47% this week. The stock opened at N0.86 and closed at N0.77, down N0.09. Year to date, the stock is up 22.22%.
Unity Bank Plc
Unity Bank opened the week at N0.90 and closed at N0.81, down N0.09 or 10%. Year to date, the stock is down 24.3%.
Jaiz Bank Plc
Jaiz Bank also declined by 10%. The stock opened at N0.60 and closed at N0.54, down N0.06. Year to date, the stock is up 8%.
Learn Africa Plc
Learn Africa opened at N1.45 and closed at N1.31, down N0.14 or 9.66%. Year to date, the stock is down 3.68%
Transcorp Hotels Plc
Transcorp Hotels Plc shed 9.24% this week. The stock opened at N5.95 and closed at N5.40, down N0.55. Year to date, the stock is down 5.30%.
United Capital Plc
United Capital declined by 8.7% this week. The stock opened at N3.07 and closed at N2.80.Year to date, the stock is down 0.71%.
The stock was this week marked down by N0.30 following the declaration of a dividend. Ex-dividend price was N3.02.