The market closed the week and the month with the NGX AII -Share Index and Market Capitalization appreciating by 6.95% to close the week at 194,989.7 and N125.164 trillion respectively. The NGX All – Share Index ( ASI ).lost 1.11 % wtd, with MTD at 16.69, while YTD stands at 23.91. NGX oil / Gas Index led the pack with a YTD of 52.07%, followed by The Banking Index at YTD of 24.82%.
The above figures are very relevant if benchmarked with the Wema Share Price Changes in the corresponding period as detailed below.
YTD 32.35%
QTR TD 32.35%
MTD 15.38%
WTD 0.75%
It closed at N27.00 with improvement in trading activities from 64,942,909 units in the previous week to 92,212360 units in the week under consideration.
The outlook of Wema bank near – term price action is likely to remain influenced by profit – taking dynamics given elevated momentum readings.
However ,the orderly absorption of selling pressure near N25.00- N26.00 suggests that the stock is building a higher trading base, provided this support band holds the dominant trend bias remains upwards. What that means in plain language is increased liquidity injection through renewed interest from existing stakeholders or the newbies, who may be attracted by the expectations of improved dividend payout.
Wema Bank’s 2025 full-year performance validates this assertive position.
In conclusion, we are recommending a buy and hold option.
Tunde Sobamowo
FINANCIAL ADVISOR
Wema-Bank-Share-Price-Weekly-Research-Report-27th-February-2026
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