The attached report is very topical and speaks to the essence of Wema Bank as an excellent brand in the banking Sector in Nigeria. Let’s take a step back, to the dark ages, when the bank was gasping for breadth and the share price was at N0.50k per share.
Now for those who took the plunge to invest in Wema then ,certainly have more than enough to contend with in terms of incredible growth in value over the years. The bank has consistently been the best performing banking stock in the last two years consecutively at NGX.
It is obvious that 2026 , would not be an exception based on the an...
Read More
Wema Bank Plc Share Price Weekly Performance Report (13th February 2026)
The NGX All -Share Index and Market Capitalization appreciated by 6.16% to close the week at 182,313.08 and N117.027 trillion respectively.
Naira Assets seem to be doing better than Low interest dollar holdings. The Fed Government has just announced that the External Reserve has risen to USD 49 billion, the highest in the last eight years. An interplay of reduction in inflation rate , moderation in CPI and potentially higher returns on Treasury bills played out creating liquidity glut in the T-Bill market,with the 364 day bill ended at a stop rate of 20% yield.
The subscription level at...
Read More
Wema Bank Plc Share Price Weekly Performance Report (30th January 2026)
The NGX All-Share Index depreciated by 0.09% while Market Capitalization appreciated by 0.18% to close the week at 165,370.40 and N106.153 trillion respectively. All other indices finished higher with the exception of NGX 30, NGX CG, NGX Premium, NGX Banking, NGX Pension, NGX Growth and NGX Pension Broad indices which depreciated by 0.13%, 0.63%, 0.75%, 0.63%, 0.41%, 1.13% and 0.22% respectively.
A total turnover of 3.087 billion shares worth N81.505 billion in 222,185 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.748 billion shares value...
Read More
Wema Bank Plc Share Price Weekly Performance Report (16th January 2026)
The NGX AII -Share Index and Market Capiyilization appreciated by 2.36% and 2.48% to close at 168,129.50 and N106.354 trillion respectively.
A total turnover of 4.607 billion shares worth N130.636 billion in 263,439 deals was traded this week by investors on the floor of the Exchange ,in contrast to a total of 4,164 billion shares valued at N94.026 billion that exchanged hands last week in 248,254 deals.
The financial services continue to lead the activity charge WoW.It shows that our financial system has come of age and is quite resilient.The banking capitalization will soon end, while...
Read More
Wema Bank Plc Share Price Weekly Performance Report (9th January, 2026)
The NGX ALL-Share Index and Market Capitalization appreciated by 3.71% and #.84% to close the week at 162,288.08 and N103.776 trillion respectively.
The market was celebrated recently ,when it reached the market Cap of over N100 trillion, which is considered very significant for our market in Africa.
In Africa today ,Johannesburg Stock Exchange (JSE ) is one of the largest and most liquid stock exchanges in Africa , with a market capitalization of around $1.1 trillion USD.
Nigerian Exchange Limited (NGX ) has a market capitalization of approximately $60billion USD ,Egyptian Stock Exc...
Read More
Wema Bank Plc Share Price Weekly Performance Report (2nd January, 2026)
The market opened for four trading days this week as the Federal Government declared Thursday January 1, 2026 as Public holiday to commemorate the New Year celebration .
The NGX All -Share Index and Market Capitalization appreciated by 1.92% and 2.9% to close the week at 156,492.36 and N99.938 trillion respectively
Traditionally and over the last 10 or more years , trading activities usually pick up to the new highs in the 1st Qtr of a new financial year .
Quite honestly , i have not been able to put a finger to it , but it is not unconnected with expectations of renewed vigor in the...
Read More