This conglomerate recovered from a 5 year low this week

 
The Nigerian Stock Exchange ended the week on a positive note as the All-Share Index appreciated by 0.23% to close at 32,200.21 basis points. Year to date, the index remains in the red, down 15.80%.

27 equities appreciated in price during the week, higher than the 18 that appreciated in the previous week. 39 equities declined in price, lower than the 42 of the prior week, while 103 equities remained unchanged, higher than the 101 equities recorded in the preceding week.

Gainers

UACN Plc

UACN Plc was the best performing stock this week. The stock appreciated by 11.11%, opening at N9 and closing at N10, up N1. The stock has thus recovered from a 5 year low. Year to date, the stock is down 40.83%.

NPF Microfinance Bank Plc

NPF Microfinance opened at N1.35 and closed at N1.50, up N0.15 or 11.11%. Year to date, the stock is up 20%.

Presco Plc

Presco Plc added 10.69% during the week. The stock opened at N59.85 and closed at N66.25. Year to date, the stock is down 3.26%.

The stock was Nairametrics STOCKPICK of the week, and has continued on an uptick in price from last week.

NAHCO Plc

Nigerian Aviation Handling Company (NAHCO) Plc gained 10% this week. The stock opened at N3.30 and closed at N3.63, up N0.33. Year to date, the stock is down 8.79%.

John Holt Plc

John Holt Plc appreciated by 10%. The stock opened at N0.40 and closed at N0.44, up N0.04. Year to date, the stock is down 12%.

McNichols Plc

McNichols Plc opened at N0.41 and closed at N0.45, up N0.04 or 9.76%. Year to date, the stock is down 62.50%.

Veritas Kapital Assurance Plc

Veritas Kapital Assurance Plc gained 8% this week. The stock opened at N0.25 and closed at N0.27, up N0.02. Year to date, the stock is down 46%.

Nestle Nigeria Plc

Nestle Nigeria Plc opened at N1360 and closed at N1460, up N100 or 7.35%. Year to date, the stock is down 6.17%.

Seplat Petroleum Development Company Plc

Seplat Petroleum Development Company Plc appreciated by 6.96% this week. The stock opened at N625 and closed at N668.50, up N43.50. Year to date, the stock is up 6.75%.

Diamond Bank Plc

Diamond Bank Plc rounds up the top 10 gainers for the week with a 6.67% gain. The stock opened at N1.20 and closed at N1.28, up N0.08. Year to date, the stock is down 14.67%.
The bank this week, issued a statement denying it had received any offer from an investor to inject cash.

Losers

Mutual Benefits Assurance Plc

Mutual Benefits Assurance Plc was the worst performing stock this week. Declining by 23.33%. The stock opened at N0.30 and closed at N0.23, down N0.07. Year to date, the stock is down 54%.

Flour Mills Nigeria Plc

Flour Mills of Nigeria Plc opened at N18.50 and closed at N15.40, down N3.10 or 16.76%. Year to date, the stock is down 46.90%.

Lafarge Africa Plc

Lafarge Africa Plc depreciated by 14.29% this week. The stock opened at N17.50 and closed at N15, down N2.50. Year to date, the stock is down 66.58%.

Cement Company of Northern Nigeria Plc

Cement Company of Northern Nigeria Plc opened at N20.25 and closed at N17.90, down  N2.35 or 11.60%. Year to date, the stock is up 88.42%.

Oando Plc

Oando Plc declined by 10.58% this week. The stock opened at N5.20 and closed at N4.65, down N0.55. Year to date, the stock is down 22.37%.

PZ Cussons Nigeria Plc

PZ Cussons Nigeria Plc, opened at N10 and closed at N9, down N1 or 10%. The stock fell to a 5 year low on Friday’s trading session.

UACN Property Development Company

UACN Property Development Company declined by 9.60%. The stock opened at N1.77 and closed at N1.60, down N0.17. Year to date, the stock is down 42.65%.

Pharma Deko Plc

Pharma Deko Plc opened at N1.68 and closed at N1.52, down N0.16. Year to date, the stock is down 35.59%.

Regency Alliance Insurance Plc

Regency Alliance Insurance opened at N0.22 and closed at N0.20, down N0.02 or 9.09%. Year to date, the stock is down 60%.

Prestige Assurance Plc

Prestige Assurance opened at N0.56 and closed at N0.51, down N0.05 or 8.93%. Year to date, the stock is up 2%