There appears to be no end in sight to the negative performance on the Nigerian Stock Exchange (NSE) as the market closed in negative, for the third week running. Last week, the All–Share Index closed at 27,630.46 basis points, down 0.43%.
The NSE All–Share Index declined by 1.17% this week, closing at 27,306.81 basis points. Year to date, the index is down 13.12%.
12 equities appreciated in price during the week. This is lower than 32 equities that appreciated the previous week. 42 equities depreciated in price this week as against 27 equities the previous week, while 113 equities remained unchanged this week, which is higher than 109 equities recorded in the preceding week. The following stocks are marked down for this week.
Here are the top 10 gainers and losers for the week.
Top Gainers
Cement Company of North Nigeria (CCNN)
Cement Company of Northern Nigeria was the best performing stock this week. The stock opened at N12.35 and closed at N14.00, up N1.65 or 13.36%.
Year to date, the stock is up 27.84%.
Dangote Flour Mills Plc
Dangote Flour Mills Plc opened at N18.50 and closed at N20.60, up N2.10 or 11.35%.
Year to date, the stock is up 200.7%.
B.O.C. Gases Plc
B.O.C. Gases Plc opened at 5.07 and closed at N5.57, up N0.50 or 9.86%.
Year to date, the stock is up 32.3%.
NCR (Nigeria) Plc
NCR (Nigeria) Plc. opened at N5.30 and closed at N5.80 up N0.50 or 9.43%.
Year to date, the stock is down 3.3%.
Axa Mansard Insurance Plc
Axa Mansard Insurance Plc opened at N1.65 and closed at N1.80, up N0.15 or 9.09%.
Year to date, the stock is down 1.6%.
Custodian Investment Plc
Custodian Investment Plc opened at N5.50 and closed at N6.00, up N0.50 or 9.09%.
Year to date, the stock is down 6.2%.
Sterling Bank Plc
Sterling Bank Plc opened at N2.25 and closed at N2.40, up N0.15 or 6.67%.
Year to date, the stock is up 26.3%.
LASACO Assurance Plc
Lasaco Assurance Plc opened at N0.34 and closed at N0.36 up N0.02 or 5.88%.
Year to date, the stock is up 20%.
Lafarge Africa Plc
Lafarge Africa Plc opened at 14.40 and closed N15.00, up N0.60 or 4.17%.
Year to date, the stock is up 20.5%.
MTN Nigeria Communications Plc
MTN Nigeria Communications Plc rounds up the top 10 gainers for the week. The stock appreciated by 3.15% opening at N127.00 and closing at N131.00, up N4.00.
Year to date, the stock is up 45.6%.
Top Losers
Continental Reinsurance Plc
Continental Reinsurance Plc was the worst performing stock this week shedding 19.19%. The stock opened the week at N1.72 and closed N1.39, down N0.33.
Year to date, the stock is down at 27.2% and is trading at a year low.
Law Union and Rock Insurance Plc
Law Union and Rock Insurance Plc opened the week at N0.47 and closed at N0.39, down N0.08 or 17.02%.
Year to date, the stock is down 35%.
Unity Bank Plc
Unity Bank Plc opened at N0.74 and closed at N0.64, down N0.10 or 13.51%.
Year to date, the stock is down 40.2%.
Forte Oil Plc
Forte Oil Plc opened at N19.45 and closed at N17.00, down N2.45 or 12.60%.
Year to date, the stock is down 40.8%.
Academy Press Plc
Academy Press Plc opened at N0.40 and closed at N0.35, down N0.05 or 12.50%.
Year to date, the stock is down 30%.
FBN Holdings Plc
FBN Holdings Plc opened at N5.60 and closed at N4.95, down N0.65 or 11.61%.
Year to date, the stock is down 37.7%.
May & Baker Nigeria Plc
May & Baker Nigeria Plc opened at N2.30 and closed at N2.05 down N0.25 or 10.87%.
Year to date, the stock is down 16.3%.
Zenith Bank Plc
Zenith Bank Plc opened at N18.30 and closed at N16.35, down N1.95 or 10.66%.
Year to date, the stock is down 29.1%.
Nigerian Aviation Handling Company Plc
Nigerian Aviation Handling Company Plc opened at N2.60 and closed at N2.34, down N0.26 or 10%.
Year to date, the stock is down 35.6%.
Guinness Nigeria Plc
Guinness Nigeria Plc rounds up the top 10 losers for the week. The stock also fell by 10%, opening at N46.00 and closing N41.40, down N4.60.
Year to date, the stock is down 42.5%.
