WEEKLY RECAP OF THE NIGERIAN STOCK EXCHANGE (NSE) FOR THE WEEK OF MAY 27th TO 31st, 2024.
WEEKLY RECAP:
- All Share Index (ASI): The NSE's benchmark index appreciated by a modest 0.02%, settling at 99,300.38 from the previous close of 99,276.03. This brings the year-to-date growth to an impressive 31.95%, and the month-to-date growth to 1.09%. The index closed the month of May 2024 on a high note, and the week-to-date growth stands at 1.71%.
TOP GAINERS AND LOSERS:
- Gainers:
- UPDC: UPDC Plc gained 9.84%.
- INTENEGINS: International Energy Insurance Plc surged by 9.74%.
- RTBRISCOE: R.T. Briscoe Nigeria Plc saw a 9.09% increase.
- OANDO: Oando Plc rose by 8.26%.
- CORNERST: Cornerstone Insurance Plc gained 7.95%.
- LOSERS:
- CILEASING: C & I Leasing Plc declined by 10.00%.
- FTNCOCOA: FTN Cocoa Processors Plc dropped by 8.33%.
- LIVESTOCK: Livestock Feeds Plc decreased by 6.78%.
- ELLAHLAKES: Ellah Lakes Plc saw a 5.36% decline.
- CHAMS: Chams Plc declined by 4.46%.
ENERGY SECTOR:
- SEPLAT: Seplat Energy Plc led the gainers in the energy sector with a remarkable 10.00% increase, closing at N3,410.00 per share.
- INTENEGINS: International Energy Insurance Plc followed closely with a 9.92% rise, closing at N1.33 per share.
The stock market is dynamic, and conditions can change rapidly. Always stay informed and make investment decisions based on thorough research and analysis. If you have any more questions or need further assistance, feel free to ask!
WEEKLY RECAP:
- All Share Index (ASI): The NSE's benchmark index appreciated by a modest 0.02%, settling at 99,300.38 from the previous close of 99,276.03. This brings the year-to-date growth to an impressive 31.95%, and the month-to-date growth to 1.09%. The index closed the month of May 2024 on a high note, and the week-to-date growth stands at 1.71%.
TOP GAINERS AND LOSERS:
- Gainers:
- UPDC: UPDC Plc gained 9.84%.
- INTENEGINS: International Energy Insurance Plc surged by 9.74%.
- RTBRISCOE: R.T. Briscoe Nigeria Plc saw a 9.09% increase.
- OANDO: Oando Plc rose by 8.26%.
- CORNERST: Cornerstone Insurance Plc gained 7.95%.
- LOSERS:
- CILEASING: C & I Leasing Plc declined by 10.00%.
- FTNCOCOA: FTN Cocoa Processors Plc dropped by 8.33%.
- LIVESTOCK: Livestock Feeds Plc decreased by 6.78%.
- ELLAHLAKES: Ellah Lakes Plc saw a 5.36% decline.
- CHAMS: Chams Plc declined by 4.46%.
ENERGY SECTOR:
- SEPLAT: Seplat Energy Plc led the gainers in the energy sector with a remarkable 10.00% increase, closing at N3,410.00 per share.
- INTENEGINS: International Energy Insurance Plc followed closely with a 9.92% rise, closing at N1.33 per share.
The stock market is dynamic, and conditions can change rapidly. Always stay informed and make investment decisions based on thorough research and analysis. If you have any more questions or need further assistance, feel free to ask!