Winners and Losers Nigerian Stock Exchange April 2017

-
The foray of Q1 results shaped April performance of most of the listed equities. Some gained immensely from Q1 performance that beat Analyst expectation. Please find below the winners and losers:

The Winners
Mar-17   Apr-17  
COMPANY CLOSE CLOSE CHANGE
STANBIC 17.78 26.25 47.64%
CILEASING 0.5 0.68 36.00%
LIVESTOCK 0.59 0.74 25.42%
TRANSCORP 0.71 0.88 23.94%
AIRSERVICE 3.56 4.35 22.19%
LEARNAFRCA 0.68 0.82 20.59%
NASCON 7.1 8.49 19.58%
NAHCO 2.1 2.5 19.05%
WAPCO 42.99 50.92 18.45%
CAP 28.2 33 17.02%


The Losers


Mar-17   Apr-17  
COMPANY CLOSE CLOSE CHANGE
PAINTCOM 1 0.65 -35.00%
UNITYBNK 0.64 0.5 -21.88%
FCMB 1.21 0.96 -20.66%
TRANSEXPR 0.99 0.83 -16.16%
ETI 8.7 7.71 -11.38%
ETERNA 3.39 3.03 -10.62%
MAYBAKER 0.95 0.85 -10.53%
UNILEVER 35 31.81 -9.11%
BERGER 6.38 5.88 -7.84%
MEYER 0.79 0.73 -7.59%
Within the period the All Share Index (ASI) gained 0.98%. This brought the year to date loss of the index to 4.12%. 

The Race is on for May, and we can see early gainers driving the ASI in the first few days of trading, let us hope this momentum would be sustained and maybe the ASI would enter positive region by the end of the Month.

Comments

Post a Comment

Popular posts from this blog

Nigerian Stock Exchange This Week

-
Image
The Market returned to its five days trading after the sallah break of last week. It wasn't a great week for the Market even as it climax the end of trading for the month of August.  The Market opened on a negative notes on Monday, however, made a bold return on Tuesday but to frizzle out for the rest of the week with a three days consecutive losses.  The All Share index lost in what seems to be the bear dominated week. The index was down  1.63% to close the week at 34,848.45. This brought the year to date return of the ASI to (8.88%) on the negative side of the number line. The bull had a larger share of the Market though, with a breadth of 3 in favour of the Bulls. However this is little to little to reflect on the overall Market as highly capitalized stocks shed weight.  EQUITY A total turnover of 1.533 billion shares worth N23.026 billion in 17,009 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 968.947 million shares
Read more