B.O.C. Gases Plc leads this week’s gainers as losses mount on the NSE

The Nigerian Stock Exchange (NSE) has continued to perform negatively, as the market maintained its downward trend throughout the week.

Last week the All-Share Index closed at 27,306.81 basis points, down 1.17%. The NSE All-Share Index also declined by 0.47% this week and closed at 26,925.29 basis points. Year to date, the index is down 14.33%. 

15 equities appreciated in price during the week, higher than 12 equities that appreciated the previous week. 34 equities depreciated in price this week, as against 43 equities in the previous week, while 119 equities remained unchanged this week,  higher than 113 equities recorded in the preceding week.  

Here are the top 10 gainers and losers for the week. 

Top Gainers 

B.O.C. Gases Plc  

B.O.C. Gases Plc was the best-performing stock this week. The stock opened at N5.57 and closed at N6.12, up N0.55  or 9.9%.  

Year to date, the stock is up 45.4%.  

Union Diagnostic & Clinical Services 

Union Diagnostic & Clinical Services Plc opened at N0.22 and closed at N0.24, up N0.02 or 9.1%.  

Year to date, the stock is up 4%.  

[READ MORE: Nigerian Stock Market ends the week Negative]

Unity Bank Plc 

Unity Bank Plc opened at N0.64 and closed at N0.69, up N0.05 or 7.8%.  

Year to date, the stock is up 35.5%.  

Livestock Feeds Plc 

Livestock Feeds Plc opened at N0.41 and closed at N0.44, up N0.03 or 7.3%.  

Year to date, the stock is up 10.2%.  

Transnational Corporation of Nigeria Plc 

Transnational Corporation of Nigeria Plc opened at N0.87 and closed at N0.91, up N0.04 or 4.6%.  

Year to date, the stock is up 31.1%.  

Continental Reinsurance Plc 

Continental Reinsurance Plc opened at N1.39 and closed at N1.45, up N0.06 or 4.3%.  

Year to date, the stock is up 24.1%.  

Union Bank Nigeria Plc 

Union Bank Nigeria Plc opened at N6.75 and closed at N7.00, up N0.25 or 3.7%.  

Year to date, the stock is up 25%.  

Cement Company of North Nigeria Plc 

Cement Company of North Nigeria Plc opened at N14.00 and closed at N14.50, up N0.50 or 3.6%.  

Year to date, the stock is up 25.3%.  

MTN Nigeria Communications Plc 

MTN Nigeria Communications Plc opened at N131.00 and closed at N135.00, up N4.00 or 3.1%.  

Year to date, the stock is up 50%.  

Zenith Bank Plc 

Zenith Bank Plc rounded up the top 10 gainers for the week. The stock appreciated by 1.5% opening at N16.35 and closing at N16.60, up N0.25.  

Year to date, the stock is up 28%. 

 [READ ALSO: The Nigerian Stock Market closes Thursday’s trading in negative territory]

Top Losers 

RAK Unity Pet Company Plc 

RAK Unity Pet Company Plc was the worst-performing stock this week, shedding 25%. The stock opened the week at N0.40 and closed N0.30, down N0.10.  

Year to date, the stock is down at 0% and is trading at a year low.   

UACN Plc 

UACN Plc opened the week at N5.50 and closed at N4.50, down N1.00 or 18.2%.  

Year to date, the stock is down 53.9%.  

Ecobank Transnational Incorporated 

Ecobank Transnational Incorporated opened the week at N7.25 and closed at N6.00, down N1.25 or 17.2%.  

Year to date, the stock is down 57.1%.  

Law Union and Rock Insurance Plc 

Law Union and Rock Insurance Plc opened the week at N0.39 and closed at N0.33, down N0.06 or 15.4%.  

Year to date, the stock is down 45%.  

Stanbic IBTC Holdings Plc 

Stanbic IBTC Holdings Plc opened the week at N38.10 and closed at N33.00, down N5.10 or 13.4%.  

Year to date, the stock is down 31.2%.  

Unilever Nigeria Plc 

Unilever Nigeria Plc opened the week at N32.00 and closed at N27.90, down N4.10 or 12.8%.  

Year to date, the stock is down 24.6%.  

CHAMS Plc  

CHAMS Plc opened the week at N0.26 and closed at N0.23, down N0.03 or 11.54%.  

Year to date, the stock is down 15%.  

Red Star Express Plc 

Red Star Express opened the week at N4.76 and closed at N4.24, down N0.52 or 10.9%.  

Year to date, the stock is down 1%. 

Wapic Insurance Plc 

Wapic Insurance Plc opened the week at N0.39 and closed at N0.35, down N0.04 or 10.3%.  

Year to date, the stock is down 16.7%.  

Nascon Allied Industries Plc 

Nascon Allied Industries Plc rounded up the top 10 losers for the week. The stock fell by 10%, opening at N14.00 and closing N12.60, down N1.40.  

Year to date, the stock is down 30%. 

[READ FURTHER: List of Dividends announced so far in 2019 (August 2019)]

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