The Nigerian Stock Exchange All-Share Index and Market Capitalisation depreciated by 5.02% to close the week at 32,327.59 basis points. Year to date, the All Share Index is down 15.47%. This week’s trading session was the worst so far this year, due to the market falling 3.46% on Wednesday. The market recorded four straight days of losses, before closing Friday on a positive note.
13 equities appreciated in price during the week, lower than 33 in the previous week. 58 equities depreciated in price, higher than 39 equities of the previous week, while 98 equities remained unchanged, higher than 97 equities recorded in the preceding week.
Gainers
Law Union and Rock Insurance Plc
Law Union and Rock Insurance Plc was the best performing stock on the Nigerian Stock Exchange this week. The stock opened at N0.54 and closed at N0.64, up N0.10 or 18.52%. Year to date, the stock is down 16.88%.
Unity Bank Plc
Unity Bank Plc appreciated by 17.52% during the week. The stock opened at N0.79 and closed at N0.93, up N0.14. Year to date, the stock is up 75.4%.
Skye Bank Plc
Skye Bank Plc opened the week at N0.58 and closed at N0.67, up N0.09 or 15.52%. Year to date, the stock is up 34%.
Union Diagnostic and Clinical Services Plc
Union Diagnostic opened at N0.27 and closed at N0.30, up N0.03 or 11.11%. Year to date, the stock is down 40%.
Learn Africa Plc
Learn Africa Plc appreciated by 8.91% this week. The stock opened at N1.01 and closed at N1.10, up N0.09. Year to date, the stock is up 25%.
Wema Bank Plc
Wema Bank Plc opened at N0.57 this week and closed at N0.60, up N0.03 or 5.26%. Year to date, the stock is up 15.38%.
University Press Plc
University Press Plc appreciated by 4.17% this week. The stock opened at N1.90 and closed at N2, up N0.10. Year to date, the stock is down 12.28%.
Transnational Corporation Plc
Transnational Corporation (Transcorp) Plc opened at N1.19 during the week and closed at N1.23, up N0.04 or 3.36%.
LASACO Assurance Plc
LASACO Assurance Plc appreciated by 3.23% this week. The stock opened at N0.31 and closed at N0.32. Year to date, the stock is down 36%.
Jaiz Bank Plc
Jaiz Bank Plc rounds up the list of top 10 gainers for the week. The stock opened at N0.52, and closed at N0.53, up N0.01 or 1.92%. Year to date, the stock is down 15.87%.
Losers
Cement Company of Northern Nigeria Plc
Cement Company of Northern Nigeria (also known as Sokoto Cement) was the worst performing stock this week. The stock opened at N30.90 and closed at N22.60, down N8.30 or 26.86%.
Universal Insurance Plc
Universal Insurance Plc declined by 24.24% this week. The stock opened at N0.33 and closed at N0.25, down N0.08. Year to date, the stock is down 50% and the stock is currently trading at a year low.
Forte Oil Plc
Forte Oil Plc opened at N21.50 and closed at N17.50, down N4.00 or 16.67%. Year to date, the stock is down 59.75% and is currently at a new year low.
Consolidated Hallmark Insurance Plc
Consolidated Hallmark Insurance Plc shed 15.70% this week. The stock opened at N0.36 and closed at N0.32, down N0.04. Year to date, the stock is down 36%.
Linkage Assurance Plc
Linkage Assurance Plc opened at N0.70 and closed at N0.59, down N0.11 or 15.71%. Year to date, the stock is down 10.61%.
Niger Insurance Plc
Niger Insurance Plc declined by 15.38% during the week. The stock opened at N0.39 and closed at N0.33, down N0.06. Year to date, the stock is down 34%.
Access Bank Plc
Access Bank Plc opened at N9.05 and closed at N7.80, down N1.25 or 13.81%. Year to date, the stock is down 25.36%.
Standard Alliance Insurance Plc
Standard Alliance Insurance Plc shed 13.79% this week. The stock opened at N0.29, and closed at N0.25, down N0.04. Year to date, the stock is down 50%.
Dangote Sugar Refinery Plc
Dangote Sugar Refinery Plc opened at N16.00, and closed at N13.90, this week, down N2.10 or 13.13%. Year to date, the stock is down 30.50% and is at a year low.
Flour Mills of Nigeria Plc
Flour Mills of Nigeria Plc rounds up the top losers this week. The stock shed 11.63% this week, opening at N21.50 and closing at N19.00, down N2.50. Year to date, the stock is down 34.48% and is trading at a year low.
