The Nigerian Stock Exchange All Share Index closed the year 2021 with a 6.07% gain. The All Share Index opened the year 2021 at 40,270.7 and closed with 42,716.4 points at the close of trading on December 31st, 2021, representing a 6.07% gain Year to Date.
Nigerian Stocks started 2021 on the back of an impressive 50.03% return as local investors staged a remarkable surge in demand for equities. However, stocks have struggled since 2021 as demand from local investors cooled amidst little to no interest from foreign investors, higher inflation, a shift in central bank monetary policies, and slow economic growth.
We have seen a total of 72 stocks post year-to-date gains while another 55 posted losses all year round and the rest flat with no gains or losses. About 53 stocks posted double-digit growth as of the last day of the year. This time last year we had about 61 stocks posting gains and another 64 stocks posting losses by the end of the year.
The top 10 best-performing stocks in Nigeria 2021
- MORISON INDUSTRIES PLC. +306%
- ROYAL EXCHANGE PLC. +238%
- VITAFOAM NIG PLC. +188%
- HONEYWELL FLOUR MILL PLC +183%
- CHAMPION BREW. PLC. +173%
- CONSOLIDATED HALLMARK INSURANCE PLC +147%
- REGENCY ASSURANCE PLC +132%
- UNIVERSITY PRESS PLC. +130%
- UNITED CAPITAL PLC +110%
- GUINNESS NIG PLC +105%
The top 10 worst-performing stocks in Nigeria 2021
- S C O A NIG. PLC. -64.5%
- CWG PLC -55.9%
- SUNU ASSURANCES NIGERIA PLC. -55.0%
- FTN COCOA PROCESSORS PLC -40.9%
- AIICO INSURANCE PLC. -38.1%
- JAPAUL GOLD & VENTURES PLC -37.1%
- GREIF NIGERIA PLC -33.5%
- DAAR COMMUNICATIONS PLC -33.3%
- NIGERIAN ENAMELWARE PLC. -26.7%
- STERLING BANK PLC. -26.0%
