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TOP GAINERS
|
Company |
Close (₦) |
Change (₦) |
Potential Reasons |
Sector |
|
DANGCEM |
575 |
35 |
Strong demand following renewed investor confidence in blue-chip industrials; expectations of higher cement sales and export performance. |
Industrial Goods |
|
NEM |
29.15 |
1.45 |
Continued investor interest driven by solid earnings and dividend expectations in the insurance space. |
Insurance |
|
JAIZBANK |
4.5 |
0.2 |
Steady buying pressure following positive sentiment around Islamic banking growth and retail expansion. |
Banking |
|
FTNCOCOA |
5.8 |
0.2 |
Renewed activity in agricultural stocks amid commodity price recovery and export optimism. |
Agriculture / Consumer Goods |
|
CWG |
17.95 |
0.6 |
Momentum driven by strong ICT demand and investor expectations of expansion into new digital service markets. |
ICT / Technology |
|
DEAPCAP |
1.8 |
0.06 |
Mild upward movement linked to speculative buying and low-priced stock appeal. |
Financial Services |
|
UPDC |
6.6 |
0.2 |
Renewed interest in real estate firms amid hopes of improved sector performance and restructuring efforts. |
Real Estate |
|
TANTALIZER |
2.38 |
0.07 |
Marginal uptick due to bargain hunting in small-cap consumer stocks. |
Consumer Services (Quick Service Restaurants) |
|
MBENEFIT |
3.8 |
0.1 |
Modest gains reflecting gradual recovery in low-cap insurance counters. |
Insurance |
|
ACADEMY |
9.6 |
0.25 |
Sustained buying momentum driven by education sector optimism and improved operational results. |
Education Services |
Written Summary — Top Gainers
The market traded on a positive note, led by Dangote Cement Plc (DANGCEM), which advanced by ₦35.00 to close at ₦575.00. The gain was fueled by strong institutional demand and optimism surrounding cement exports and infrastructure spending.
NEM Insurance Plc followed with a ₦1.45 rise to ₦29.15, reflecting persistent investor appetite for insurance stocks after impressive half-year earnings. CWG Plc added ₦0.60 to close at ₦17.95, extending its tech-sector rally as investors anticipate continued digital transformation gains.
Mid-tier gainers such as Jaiz Bank, FTN Cocoa, and UPDC also posted modest advances on sectoral optimism and renewed retail participation.
The day’s overall sentiment remained bullish, driven by renewed interest in blue-chip and mid-cap counters across industrial goods, financial services, and technology sectors.
Top 5 Potential Stocks to
Watch
- Dangote Cement Plc (DANGCEM) – Strong fundamentals and institutional demand indicate continued upside potential.
- NEM Insurance Plc (NEM) – Sustained investor confidence following robust earnings and steady dividend history.
- CWG Plc (CWG) – Tech sector momentum supports short-term growth opportunities.
- UPDC Plc (UPDC) – Real estate sector recovery offers medium-term potential.
- Jaiz Bank Plc (JAIZBANK) – Expanding retail base and growing Islamic finance adoption support long-term performance.
Top 5 Penny Stocks to Watch
1. Deap Capital Management & Trust
Plc (DEAPCAP)
DeapCap
edged up by ₦0.06 to close at ₦1.80, continuing its slow but steady recovery
trend. The renewed investor interest stems from speculative positioning and
expectations of corporate restructuring. Its low price and trading volume make
it attractive to short-term traders seeking quick gains.
2. Mutual Benefits Assurance Plc
(MBENEFIT)
MBenefit gained
₦0.10 to close at ₦3.80, supported by renewed interest in low-cap insurance
counters. The stock remains a favorite among retail investors due to its
affordability and potential for gradual appreciation as the insurance sector
stabilizes.
3. Tantalizer Plc
(TANTALIZER)
Tantalizer
appreciated slightly by ₦0.07 to ₦2.38, as bargain hunters took positions in
small-cap consumer stocks. The company’s efforts to streamline
operations and improve profitability continue to support moderate investor
confidence in the quick-service restaurant space.
4. FTN Cocoa Processors Plc
(FTNCOCOA)
FTN Cocoa
rose ₦0.20 to ₦5.80, riding on improved sentiment in the agricultural sector.
Investors are optimistic about increased cocoa exports and the company’s
ongoing operational restructuring aimed at boosting production efficiency.
5. Jaiz Bank Plc
(JAIZBANK)
Although not
a micro-cap in the strictest sense, Jaiz Bank’s ₦4.50 price level keeps
it within the penny stock range. The bank’s ₦0.20 gain reflects steady
growth in its customer base and expansion in the Islamic banking segment,
making it an attractive option for investors seeking long-term value at a low
entry price.
TOP LOSERS
|
Company |
Close (₦) |
Change (₦) |
Potential Reasons |
Sector |
|
UHOMREIT |
51.85 |
-5.75 |
Profit-taking after previous sessions of strong gains in the REIT space; cautious investor sentiment amid tightening yields. |
Real Estate Investment Trust |
|
MEYER |
15.1 |
-1.65 |
Sell pressure following recent price rally; possible investor rotation away from industrial goods stocks. |
Industrial Goods / Paints |
|
STERLINGNG |
7.55 |
-0.8 |
Mild correction after consistent uptrend; banking sector sees mixed sentiment due to liquidity tightening. |
Banking |
|
CORNERST |
6.21 |
-0.46 |
Short-term profit-taking as investors lock in previous gains; insurance counters remain volatile. |
Insurance |
|
ETRANZACT |
15 |
-1 |
Pullback after strong earlier performance; fintech stocks adjusting to new transaction cost structures. |
Fintech / ICT |
|
NEIMETH |
6.01 |
-0.39 |
Decline linked to investor caution following low earnings visibility; healthcare stocks see mild sell-offs. |
Healthcare / Pharmaceuticals |
|
TRANSCORP |
46.1 |
-2.9 |
Sell-off following overbought signals; investors taking profits after recent rally in power and hospitality segments. |
Conglomerates / Power |
|
MANSARD |
16.1 |
-0.9 |
Mild correction in insurance stocks; profit-taking after improved sectoral performance earlier in the week. |
Insurance |
|
TIP |
13.86 |
-0.69 |
Decline due to weak trading sentiment and lower demand for ICT small caps; thin liquidity weighing on price. |
ICT / Technology |
|
GUINEAINS |
1.43 |
-0.07 |
Minor decline amid general market weakness in penny insurance stocks; limited investor activity. |
Insurance |
Market Summary – Top
Losers
Today’s trading session on the NGX reflected a wave of profit-taking and mild sell pressure across several key sectors, particularly in real estate, industrial goods, and banking.
UHOMREIT led the losers’ chart, dropping by ₦5.75 to close at ₦51.85 as investors booked profits from earlier gains in the Real Estate Investment Trust space. The move follows recent yield adjustments in the fixed-income market, which typically dampen REIT demand.
MEYER and TRANSCORP also recorded significant declines of ₦1.65 and ₦2.90 respectively. MEYER’s fall came amid reduced interest in industrial counters, while TRANSCORP saw a retreat after an extended bullish run in the power and hospitality segments.
ETRANZACT and MANSARD lost ₦1.00 and ₦0.90 respectively, both experiencing mild corrections after recent rallies. The fintech and insurance sectors remain under short-term pressure as investors rebalance portfolios.
Other notable declines were seen in STERLINGNG, CORNERST, and NEIMETH, reflecting a broader mix of cautious sentiment and end-of-week profit-taking activity.
Overall, market mood tilted slightly bearish as investors reassessed positions following recent gains, with activity largely driven by short-term corrections rather than broad sector weakness.
Disclaimer: This analysis is based on historical data and is for informational purposes only. It is not financial advice. You should consult with a qualified financial advisor before making any investment decisions.