HIGHLIGHTS OF WEMA BANK WEEKLY RESEARCH REPORT
→ WEMA BANK SHARE PERFORMANCE
• Current Price: ₦29.60
• Weekly Gain: +3.14% WoW
• YTD Return: +45.10%
• MTD/QTD: +2.07% / +13.85%
• Trading Range: Low ₦28.00 – High ₦29.90
• 52-Week Range: ₦14.95 – ₦36.00
→ VOLUME & TRADING
• Units Traded: 25,252,611 units
• Value: ₦719.45 million in 2,735 deals
• Highest Volume Price: ₦28.00
• Investor Sentiment: Bullish on Wema
→ BANKING SECTOR – WEEK ENDED 14TH AUG 2026
The Banking Index closed -1.48% for the week.
Top Gainers:
- WEMA: +3.14%
- UBA: +1.34%
- GTCO: +0.39%
- ACCESSCORP: +0.37%
Top Losers:
• FCMB: -7.34%
• FBNH: -3.71%
• ETI: -2.91%
• ZENITHBANK: -2.70%
→ BROADER MARKET
• NGX All-Share Index: -1.20% to 242,619.20 points
• Market Cap: -1.19% to ₦156.624 trillion
• Market Turnover: 12.153 billion shares worth ₦176.058 billion
• Leading Sector by Volume: Financial Services with 92.25% of total
turnover
→KEY TAKEAWAY/ CONCLUSION
Despite a bearish week for the market and banking sector, Wema Bank
outperformed all peers and was the top gainer in the banking space.
Strong YTD performance of +45.10% shows sustained investor confidence.
We recommend a HOLD position for now until the end of the year
Tunde Sobamowo
FINANCIAL ADVISOR & STOCKBROKER
DISCLAIMER: FOR RESEARCH PURPOSES ONLY AND MEANT FOR RESTRICTED
RECIPIENTS.
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