The Nigerian Stock Exchange This Week
The All Share Index declined by 2.93% to sum up the week's performance.
A total turnover of 7.157 billion shares worth N42.545 billion in 39,037 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 5.011 billion shares valued at N45.816 billion that exchanged hands last week in 44,569 deals.
The week was characterized by profit taking, while the index declined by 2.93%, Diamond bank that led the losers table lost by a whooping 26.05%. The general Market performance could have been worse if not for the high capitalized stock that came to the show.
Below is the summary of the market performance:
| Stock | Week on Week Return |
| WAPIC | 10.91% |
| DANGSUGAR | 9.80% |
| NASCON | 9.63% |
| TRANSEXPR | 8.00% |
| PZ | 6.82% |
| NB | 6.72% |
| UAC-PROP | 6.67% |
| DANGFLOUR | 6.55% |
| CUTIX | 5.73% |
| LEARNAFRICA | 5.43% |
| Stock | Year to Date Return |
| SKYEBANK | 156.00% |
| UNITYBNK | 137.74% |
| WEMABANK | 119.23% |
| FCMB | 106.76% |
| CCNN | 88.42% |
| STERLNBANK | 76.85% |
| DIAMONDBNK | 76.00% |
| CAVERTON | 70.54% |
| JAIZBANK | 69.84% |
| FBNH | 54.89% |
| Stock | Year to Date Return | |
| AGLEVENT | -14.29% | |
| GLAXOSMITH | -12.08% | |
| TRIPPLEG | -9.43% | |
| AIRSERCIVE | -5.88% | |
| CADBURY | -4.21% | |
| SEPLAT | -3.78% | |
| NESTLE | -3.60% | |
| MRS | -0.73% | |
| UBN | -0.64% | |
| UPL | -0.44% |
| Stock | Week on Week Return | |
| DIAMONDBNK | -26.05% | |
| CHAMPION | -20.69% | |
| TRANSCORP | -18.00% | |
| STERLNBANK | -16.59% | |
| HONYFLOUR | -15.51% | |
| NPFMCRFBK | -13.45% | |
| FCMB | -12.32% | |
| MANSARD | -11.22% | |
| SEPLAT | -10.73% | |
| GUARANTY | -10.44% |
As reported in our last post, the profit Taking would continue into the new month, after wish we expect it to slow down.
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