Author: gamladmin

Here are the highlights from the *Wema Bank Weekly Research Report – 19th June 2026 Price & Performance Closed at ₦30.00, down -3.23% WoW vs prior week’s +3.3% gain Weekly range: ₦29.00 – ₦31.90 vs ₦29.95 – ₦33.00 last week YTD: +47.06% | QTD: +15.38% | MTD: -10.45% 52-week range: ₦12.60 / ₦36.00 2. Technical Picture Key level: ₦30.00 is the critical support “battleground” — stock tested it repeatedly Major resistance: ₦36.00 | Major support: ₦25.00 | Intermediate support: ₦28.00 Still bullish long-term: Trading above 15-week MA ~₦29.87, 45-week MA ~₦24.32,...

Wema Bank Plc – Key Highlights (Week Ended 11 June 2026) Market Performance Wema Bank share price closed at ₦31.00, up 3.33% week-on-week. Year-to-date return stands at 51.96%, significantly outperforming many traditional investment alternatives. The stock traded within a weekly range of ₦30.00 – ₦32.90. Banking Sector Position The NGX Banking Index gained 0.95% during the week. Among major banking stocks, Wema ranked among the top gainers: FBN Holdings: +11.29% FCMB: +6.25% Wema Bank: +3.33% Zenith Bank: +2.73% Trading Activity Total Wema shares tr...