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TOP GAINERS
|
Company |
Close (₦) |
Change (₦) |
Potential Reasons |
Sector |
|
SOVRENINS |
3.53 |
0.32 |
Renewed investor interest in low-priced insurance stocks; expectations of improved Q4 earnings and recapitalization plans. |
Insurance |
|
REGALINS |
1.36 |
0.12 |
Positive sentiment in the micro-insurance space; investors positioning ahead of expected premium growth. |
Insurance |
|
TRANSPOWER |
342 |
28 |
Strong rally on speculative buying; energy sector optimism following infrastructure announcements. |
Power / Energy |
|
CONHALLPLC |
4.5 |
0.3 |
Demand recovery in construction-related equities; market reacting to improved Q3 financials. |
Construction / Industrial Goods |
|
HMCALL |
4.4 |
0.28 |
Uptrend driven by fresh investor confidence and moderate accumulation after earlier pullbacks. |
Telecommunications / ICT |
|
CUSTODIAN |
43 |
2.35 |
Strong investor demand following consistent earnings reports and dividend prospects. |
Financial Services / Insurance |
|
STANBIC |
115 |
6 |
Sustained buying interest after robust half-year results and improved banking sector outlook. |
Banking |
|
MANSARD |
16.95 |
0.85 |
Sectoral momentum in insurance stocks; investors pricing in improved underwriting performance. |
Insurance |
|
GUINEAINS |
1.49 |
0.06 |
Marginal gain on light-volume trades; bargain hunting in small-cap insurance equities. |
Insurance |
|
UPDCREIT |
7.45 |
0.3 |
Increased investor attraction to real estate-backed investments amid inflation hedging strategies. |
Real Estate Investment Trust |
Market Summary – Top
Gainers
Today’s market session showed broad-based strength in the insurance and financial services sectors, leading the day’s gainers list.
Transcorp Power (TRANSPOWER) surged by ₦28 to ₦342, topping the chart due to heightened investor interest in energy sector plays following new infrastructure and privatization updates. Stanbic IBTC also advanced ₦6 to ₦115, driven by institutional accumulation after its strong H1 earnings and improved macroeconomic outlook.
Insurance counters such as Custodian, Mansard, Sovereign Insurance, and Regency Alliance continued their bullish trend, reflecting sector-wide optimism tied to recapitalization plans and improved underwriting capacity.
Real estate and construction plays like UPDCREIT and Consolidated Hallmark also saw moderate gains, supported by a shift of funds toward asset-backed and dividend-paying equities.
Top 5
Potential Stocks to Watch
1. Transcorp Power
(TRANSPOWER)
TransPower
surged by ₦28 to close at ₦342, maintaining strong momentum in the energy
space. The stock’s rally is supported by improving fundamentals within
Nigeria’s power infrastructure sector, recent expansion news, and high
trading volumes — all pointing to sustained investor confidence.
Potential Catalyst: Continued energy
reforms and improved power generation capacity.
Outlook: Bullish (Medium-term)
Sector:
Power / Energy
2. Stanbic IBTC
(STANBIC)
Gained
₦6 to ₦115 amid renewed institutional interest. The bank’s strong H1
earnings, robust capital adequacy, and consistent dividend record make it a
stable long-term play.
Potential Catalyst: Expected full-year
dividend announcements and stable earnings growth.
Outlook: Strong Buy
(Long-term)
Sector: Banking
3. Custodian Investment Plc
(CUSTODIAN)
The
stock climbed ₦2.35 to ₦43, driven by impressive profitability and solid
investment returns from its subsidiaries. It remains one of the most
undervalued financial conglomerates on the NGX.
Potential Catalyst: Diversified
earnings base and attractive dividend yield.
Outlook: Buy (Medium to
Long-term)
Sector: Financial Services /
Insurance
4. Mansard Insurance Plc
(MANSARD)
Rose
₦0.85 to ₦16.95, continuing its uptrend within the insurance segment.
Mansard’s steady financials, strong market share, and improving claims
management keep investor confidence high.
Potential Catalyst: Sector
recapitalization and increased insurance penetration.
Outlook: Positive
(Medium-term)
Sector: Insurance
5. UPDC Real Estate Investment Trust
(UPDCREIT)
Advanced ₦0.30 to ₦7.45, benefitting from investor
preference for real assets as inflation hedges. Stable distributions and
underlying property valuations support its long-term appeal.
Potential Catalyst: Rising real
estate values and consistent dividend payments.
Outlook: Stable
(Long-term)
Sector: Real Estate Investment
Trust
Top 5
Penny Stocks to Watch
1. Sovereign Insurance Plc
(SOVRENINS)
Closed at
₦3.53 after gaining ₦0.32. The stock shows steady momentum as investors
anticipate improved capital positions within the insurance sector. Outlook: Speculative Buy
2. Regency Alliance Insurance Plc
(REGALINS)
Moved up
₦0.12 to ₦1.36. Its low price point and potential sector-wide revaluation make
it attractive to short-term traders. Outlook: Short-term Accumulate
3. Guinea Insurance Plc
(GUINEAINS)
Inched
higher by ₦0.06 to ₦1.49. Although trading volumes remain light, it remains on
watch due to recapitalization expectations. Outlook: Hold / Watchlist
4. HMCALL
Gained ₦0.28 to ₦4.40 amid renewed
investor interest in ICT-related stocks. Trading volumes suggest potential
short-term upside momentum. Outlook: Momentum Buy
5. Consolidated Hallmark Plc
(CONHALLPLC)
Rose ₦0.30
to ₦4.50 as investors reposition ahead of improved Q4 results and dividend
declarations. Outlook: Accumulation Phase
TOP LOSERS
|
Company |
Close |
Change |
Potential Reasons |
Sector |
|
TRIPPLEG |
5.45 |
-0.6 |
Mild profit-taking after recent gains; traders likely booking short-term profits ahead of next earnings cycle. |
Industrial Goods / Packaging |
|
WEMABANK |
19.05 |
-0.9 |
Selling pressure following prior rallies; investors rebalancing as liquidity shifts to Tier-1 banks. |
Banking |
|
LIVINGTRUST |
5 |
-0.2 |
Slight correction after strong Q3 expectations; possible low trading volumes. |
Banking / Mortgage |
|
NGXGROUP |
58 |
-2 |
Market-wide sentiment pullback; reduced trading turnover amid anticipation of regulatory announcements. |
Financial Services / Exchange |
|
CUTIX |
3.78 |
-0.12 |
Cable producer facing mild decline due to input cost pressures; short-term consolidation. |
Industrials / Manufacturing |
|
PRESTIGE |
1.64 |
-0.05 |
Low activity; sector-wide cooling after previous insurance gains. |
Insurance |
|
CHAMS |
4.18 |
-0.12 |
Normal price correction after recent speculative surge; investors locking in profits. |
ICT / Fintech |
|
DAARCOMM |
1.05 |
-0.03 |
Low investor interest and muted volume; consistent with sectoral weakness. |
Media / Communications |
|
VFDGROUP |
10.8 |
-0.25 |
Slight markdown from institutional repositioning; part of profit-taking phase. |
Financial Services / Investment |
|
LEGENDINT |
5.5 |
-0.12 |
Thin trading and possible liquidity constraints affecting price stability. |
Industrials / Consumer Goods |
Market Summary – Top Gainers
Today’s trading session closed mixed, with several notable decliners across the banking, financial services, and industrial sectors. Overall market sentiment leaned toward mild profit-taking and cautious positioning ahead of new earnings releases and potential regulatory news.
Key
Highlights:
- NGXGROUP (-2.00%) led the day’s decline, reflecting investor caution and reduced activity on the exchange platform. The drop indicates a cooling in market participation and anticipation of corporate updates.
- WEMABANK (-0.90%) also faced selling pressure, as some investors took profit after recent appreciation. The banking sector saw mild outflows as funds rotated toward blue-chip counters.
- TRIPPLEG (-0.60%) continued its pullback phase after previous upward momentum. Market participants appear to be locking in gains amid moderate liquidity.
- VFDGROUP (-0.25%) experienced minor weakness, likely due to institutional rebalancing. Despite the dip, the company’s diversified investment portfolio remains strong for long-term investors.
- LIVINGTRUST (-0.20%) saw a slight retracement, suggesting limited trading volume and a pause in investor demand after earlier gains.
- Other decliners such as CUTIX, CHAMS, and PRESTIGE recorded marginal losses driven by routine market adjustments rather than fundamental weakness.
- DAARCOMM and LEGENDINT also slipped slightly, reflecting the generally quiet mood among penny stock investors during the session.
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.