The Nigerian Stock Exchange ended this week’s trading session on a positive note. The All-Share Index appreciated by 0.86% to close the week at 31,037.72 basis points. Year to date, the index however remains in the red, down 18.84%.
52 equities appreciated in price during the week, higher than 4 in the previous week. 18 equities depreciated in price, lower than 23 of the previous week, while 94 equities remained unchanged, lower than 97 equities recorded in the preceding week.
Top Gainers
Diamond Bank Plc
Diamond Bank Plc was the best performing stock for the second week in a row. The stock gained 32.67% to close at N1.99. Year to date, the stock is up 32.67%.
FCMB Group Plc
FCMB Group opened the week at N1.65 and closed at N1.94, up N0.29 or 17.58%. Year to date, the stock is up 31.08%.
Stanbic IBTC Holdings
Stanbic IBTC Holdings added 15.76% this week. The stock opened at N46 and closed at N53.25, up N7.25. Year to date, the stock is up 28.31%.
Cement Company of Northern Nigeria Plc
CCNN appreciated by 12.08% this week. The stock opened at N17.80 and closed at N19.95, up N2.15 or 12.08%. Year to date, the stock is up 110%.
Forte Oil Plc
Forte Oil Plc opened at N28.45 and closed at N31.95, up N3.40 or 11.95%. Year to date, the stock is down 26.75%.
The company this week announced the intention of its majority shareholder, Femi Otedola, to divest his entire holdings in the firm.
Conoil Plc
Conoil Plc appreciated by 10.71% this week. The stock opened at N21 and closed at N23.25, up N2.25. Year to date, the stock is down 16.96%.
Sovereign Trust Insurance Plc
Sovereign Trust Insurance Plc opened the week at N0.20 and closed at N0.22, up N0.02 or 10%. Year to date, the stock is down 56%.
NPF Microfinance Bank Plc
NPF Microfinance Bank added 10% this week. The stock opened at N1.50 and closed at N1.65, up N0.15. Year to date, the stock is up 32%.
UACN Property Development Company Plc
UACN Property Development Company opened at N1.74 and closed at N1.91, up N0.17 or 9.77%. Year to date, the stock is down 31.54%.
Champion Breweries Plc
Champion Breweries Plc rounds up the top 10 gainers for the week. The stock gained 9.70%, opening at N1.65 and closing at N1.81, up N0.15. Year to date, the stock is down 12.98%.
Top Losers
UAC of Nigeria Plc
UAC of Nigeria Plc was the worst performing stock this week. The stock declined by 11.36% opening at N11 and closing at N9.75, down N1.25. Year to date, the stock is down 42%.
Ikeja Hotels Plc
Ikeja Hotels Plc shed 9.47% this week. The stock opened at N1.69 and closed at N1.53, down N0.16. Year to date, the stock is down 14.04%.
Niger Insurance Plc
Niger Insurance opened at N0.24 and closed at N0.22, down N0.02 or 8.33%. Year to date, the stock is down 54%.
Guinea Insurance Plc
Guinea Insurance dropped by 8% this week. The stock opened at N0.25, and closed at N0.23, down N0.02. Year to date, the stock is down N0.56 and is trading at a 5-year low.
NEM Insurance Plc
NEM Insurance Plc opened the week at N2.78 and closed at N2.56, down N0.18 or 7.91%. Year to date, the stock is up 54%.
AXA Mansard Insurance Plc
AXA Mansard Insurance opened the week at N2 and closed at N1.90, down N0.10 or 5%. Year to date, the stock is down 1.55%.
Tantalizers Plc
Tantalizers Plc declined by 4.76% this week. The stock opened at N0.21 and closed at N0.20, down N0.01. Year to date, the stock is down 60%, and is trading at a 5-year low.
NCR Plc
NCR Plc shed 4.76% this week. The stock opened at N6.30 and closed at N6, down N0.3. Year to date, the stock is down 4.76%.
The company commenced operations in Nigeria on December 9, 1949 under the name of National Cash Register Company (West Africa) Limited. It was listed on the Nigerian Stock Exchange on May 30, 1979. The company adopted its present name of NCR (Nigeria) Plc in 1996.
The company is into the sales and servicing of Automated Teller Machines (ATMs), self service kiosks and Point of Sale terminals with peripherals, as well as software application that can be used by consumers to enable them interact with businesses from their computers or mobile devices.
FBN Holdings Plc
FBN Holdings opened at N7.90 and closed at N7.55, down N0.35 or 4.43%. Year to date, the stock is down 14.20%.
Access Bank Plc
Access Bank rounds up the top 10 losers for the week. The stock opened at N7.05 and closed at N6.80, down N0.25 or 3.55%. Year to date, the stock is down 34.93% and is trading at a new year low.
