DANGSUGAR, INTBREW Top Gainers as MORISON, JAIZBANK Top Losers in 2017

Sunday, December 31, 2017 /11:00AM / Proshare Research 

Nigerian stock market recorded an improved performance in 2017. The benchmark indicator, NSEASI, closed the year with +42.30% gain compared to -6.17% and -17.36% losses recorded in 2016 and 2015 respectively. 

A review of market monthly performance revealed that the market closed eight (8) month positive versus four (4) in the negative while the highest monthly gain was recorded in May 2017 with +14.52% gain. 

Analysis on the market breath at the end of year 2017 showed that it closed positive compared to the negative outlook in 2016. Market closed the year with sixty-five (65) gainers to forty-three (43) losers compared to thirty-two (32) gainers to seventy-nine (79) losers in 2016.

Gainer (s)

At the end of year 2017, the market recorded sixty-five (65) gainers compared to thirty-two (32) in 2016. DANGSUGAR tops the list of gainers with +227.33% gain while INTBREW and FIDELITYBK followed closely with +194.59% and +192.86% gain respectively. UACN recorded the least gain in 2017 with +0.54% return.

 Loser (s)

On the other hand, market recorded forty-three (43) losers compared to seventy-nine (79) in 2016. MORISON tops the list of losers with -67.88% loss while JAIZBANK and FO followed closely with -49.60% and -48.50% loss respectively. TOURIST recorded the least loss in 2017 with -0.28% return.

2017 Year End Review

1.         New Listings and Delistings in 2017

1.         Trading Statistics in 2017 – TRANSCORP, UBA Top Market Volume

2.         Argentina, Nigeria Lead as Best Performing Stock Markets in the World in 2017

3.         Stock You Should Not Touch – 63 Stocks Record No Price Movement in 2017

4.         Stocks Off and Near 52-Week Highs and Lows as at 221217

5.         Top 10 Policy Reforms in 2017

6.         Zimbabwe, Malawi Stock Markets Lead African Markets in 2017 as Ivorian BRVM-10 Top Losers

7.         Nigeria's Top Ten News Makers in 2017

8.         Nigeria’s Economic Indicators in 2017

9.         Market Movements in 2017 - Forex Reserves Up by 44.54%

10.     Foreign Portfolio Participation in Equity Trading in 2017

11.     Oil and Gas Sector – SEPLAT, ETERNA Top Gainers as FO Records -47.19% YTD Return

12.     Consumer Goods Sector – GUINNESS Records Over 3,000 PE Ratio

13.     Financial Services Sector – GUARANTY Records 40.52% PAT Margin as NESF Tops on EPS

14.     NSE ASI Performance Review and How Key Sectors Fared in 2017

15.     47 Financial Services Sector Stocks Are Penny Stocks in 2017

16.   Movers and Shakers in 2017 - DANGCEM, GUARANTY Record Growth in MKT CAP as FO, MOBIL Lead Otherwise

17.     DANGSUGAR, MAYBAKER and INTBREW Among Best Performing Stocks in 2017
 

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