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Chams Plc leads the losers in this week’s trading

NSE, Gainers and Losers, Nigerian Stock exchange

The NSE All-Share Index depreciated by 0.65% close the week at 29,851.29 basis points, down.  

 Year to date, the index is down 5.02%. 

34 equities appreciated in price during the week, higher than 19 in the previous week. 33 equities depreciated in price, higher than 31 equities of the previous week, while 101 equities remained unchanged, lower than 118 equities recorded in the preceding week. 

Gainers  

Linkage Assurance Plc  

Linkage Assurance was the best performing stock this week. The stock gained 37.50%, opening at N0.48 and closing at N0.66, up N0.18.  

Year to date, the stock is down 8.33%. 

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NEM Insurance Plc 

NEM Insurance appreciated by 33.33% this week. The stock opened at N2.10, and closed at N2.80, up N0.70.  

Year to date, the stock is up 3.70%. 

Thomas Wyatt Plc  

Thomas Wyatt opened the week at N0.33 and closed at N0.40, up N0.07 or 21.21%. 

Year to date, the stock is up 73.91%. 

Lafarge Africa Plc  

Lafarge Africa gained 18.46% this week. The stock opened at N9.75 and closed at N11.55, up N1.80.  

Year to date, the stock is down 7.23%. 

The cement giant this week released its FY 2018 and Q1 2019 results. The firm made a N9.1 billion loss after tax for the 2018 financial year, and a N3.1 billion profit after tax for the first quarter ended March 2019.

In addition, the firm announced the redemption of its N26.4 billion bond which was due on the 15th of June, 2019.

The company will be seeking shareholders approval to sell its stake in its South African unit, to a related party Caricement. Proceeds will be used to pay off inter company loans.

Champion Breweries Plc  

Champion Breweries opened the week at N1.20 and closed at N1.42, up N0.22 or 18.33% 

Year to date, the stock is down 28.64%. 

Dangote Sugar Refinery Plc  

Dangote Sugar Refinery gained 16.98% this week. The stock opened at N10.60 and closed at N12.40, up N1.80.  

Year to date, the stock is down 18.69%. 

Ecobank Trans International  

Ecobank Trans International opened the week at N9.85 and closed at N11.35, up N1.50 or 15.23%. 

Year to date, the stock is down 18.93%. 

The International Finance Corporation (IFC) this week announced it would sell its 14.1% stake in the bank to Arise BV, a private equity firm.

GSK Consumer Nigeria Plc  

GSK Consumer Nigeria appreciated by 10% this week. The stock opened at N8.50, and closed at N9.35, up N0.85.  

Year to date, the stock is down 35.52%. 

Law Union and Rock Insurance Plc  

Law Union and Rock Insurance opened the week at N0.46, and closed at N0.50, up N0.04 or 8.70%.  

Year to date, the stock is down 16.67%. 

Wema Bank Plc  

Wema Bank Plc rounds up the top 10 gainers for the week. The stock opened at N0.62 and closed at N0.67, up N0.05 or 8.06%.  

Year to date, the stock is up 6.35%. 

Billionaire Kessington Adebutu, has reportedly upped his stake in the bank.

Losers 

Chams Plc  

Chams Plc was the worst performing stock this week. The stock declined by 13.89%, opening at N0.36 and closing at N0.31, down N0.05. 

Year to date, the stock is up 55%. 

CAP Plc  

Chemical and Allied Products Plc opened the week at N31.10 and closed at N27.50, down N3.60 or 11.58%.  

Year to date, the stock is down 21.09% 

Okomu Oil Palm Company Plc 

Okomu Oil Palm shed 10% this week. The stock opened at N74 and closed N66.60, down N7.40. 

Year to date, the stock is down 12.60%, and is trading at a year low.  

C and I Leasing Plc  

C and I Leasing Plc also shed 10% this week. The stock opened at N6.30, and closed at N5.67, down N0.63. 

Year to date, the stock is up 218.54%  

ABC Transport Plc  

ABC Transport opened the week at N0.30 and closed at N0.27, down N0.03 or 10%. 

Year to date, the stock is down 6.90%. 

International Breweries Plc  

International Breweries Plc fell by 9.97% this week. The stock opened at N18.55 and closed at N16.70, down N1.85.  

Year to date, the stock is down 45.25%. 

Ikeja HotelPlc  

Ikeja Hotelopened the week at N1.45 and closed at N1.31, down N0.14 or 9.66%. 

Year to date, the stock is down 14.38% and is trading at a year low.  

Presco Plc  

Presco Plc fell by 9.09% this week. The stock opened at N55 and closed at N50, down N5.  

Year to date, the stock is down 21.88%, and is trading at a year low.  

Royal Exchange Plc  

Royal Exchange Plc fell by 8.33% this week. The stock opened at N0.24 and closed at N0.22, down N0.02. 

Year to date, the stock is flat.  

Livestock Feeds Plc  

Livestock Feeds rounds up the top 10 losers for the week. The stock opened at N0.60 and closed at N0.55, down N0.05 or 8.33%. 

Year to date, the stock is up 12.24%. 

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