nigerian stock market

WEEKLY PAGER ON WEMA BANK PLC SHARE PRICE. Wema Bank – Share Price SnapshotCurrent Price: ₦33.4052 Week Range: ₦12.60 – ₦36.00Week Open: ₦33.00 Week Close: ₦33.40Week High / Low: ₦33.65 / ₦32.75Weekly % Change: +1.21% Performance TrendsYear to Date: +63.73% – strong YTD runQuarter to Date: +28.13%Month to Date: -2.02% – slight pullback in MayWeek to Date: +1.21% – bounced back this week Banking Sector Context – Week Ended 22nd May 2026Banking Sector WoW: +1.11% – closed on a bullish noteWema Rank: 6th out of 11 banks tracked, with +1.21%Top Gainers: STANBIC +7.06%, FIDELITYBK +2.62%,...

We are happy to share the highlights of the weekly performance of WEMA Bank’s share price for your consideration. Here are the key highlights from the Wema Bank Plc Weekly Research Report (15 May 2026): Market & Sector Performance The Nigerian stock market remained bullish: NGX All-Share Index gained 2.27% Market capitalization rose to ₦160.44 trillion   Banking stocks outperformed: NGX Banking Index increased 2.82% Banking sector YTD return reached 57.68%   Wema Bank Share Performance Share price closed at ₦33.00 Weekly gain was modest at +0.15% Yea...

One-Pager: Wema Bank Plc – Share Price Performance Market SnapshotCurrent Price: ₦32.9552-Week Range: ₦12.60 – ₦36.00YtD Performance: +61.52%QtD Performance: +26.73%MtD/WtD Performance: -3.37% Wema Bank remains one of the top YtD performers on the NGX, despite a short-term pullback this week. The stock is trading well above its 50-week EMA ₦22.15 and 100-week MA ₦15.51, confirming the broader uptrend remains intact. Weekly Market ContextThe NGX ASI rose 1.03% WoW to close at 244,775.83, with market cap at ₦157.094trn. YtD market return now stands at 57.30%. The Banking Index g...

One pager summary. The market opened for four trading days this week as the Federal government declared Friday 1st May 2026 as a Public holiday to commemorate Workers’ Day Celebration. NGX All -Share Index appreciated by 7.33% to close the week at 242,277.81Meanwhile the MTD% was 20.36%, which is impressive ,while YTD% was 55.69% Bringing it nearer home to the NGX Banking Index , the MTD % was 22.61%, with a 50.5 % YTD, but with a loss of -5.52% WtD. WEMA BANK SHARE PRICE CHANGES.YTD. 67.16%QTD. 31.15%MTD. 31.15 %WTD. 9.12%. Fortuitously , Wema led the banking sector with an in...

As of 17th April, 2026. Each Major NGX index registered new all- time highs over the week , except NGX Insurance Index as optimism for a near - term to the US -Iran conflict, a stronger than expected earnings season,a renewed wave of optimism in the economy boosted sentiment, while systematic de - risking added further support. Accordingly, The NGX All -Share Index and Market Capitalization appreciated by 6.57% and 6.60% to close the week at 217,167.57 and N139.827 trillion respectively. The Financial Services Industry (measured by volume) led the activity chart as usual, while tradi...

HIGHLIGHTS All Share -Index (ASI) went up by 1.04%to close at 203,791.18 and Market capitalization appreciated by 1.05%  Market capitalization gained approximately N1.67 trillion !!!!!!!!!!! (N131.166 trillion total market capitalization) Year to date gains inched up higher to 30.66%NGX Banking Index was 5.10% WTD With an impressive YTD score of 33.33%.NGX Oil/ Gas was 68.34 % YTD, while NGX Industrial Goods Index closed at 55.86%  BANKING SECTOR REVIEW WTD. 5.10 % MTD.  8.62 %YTD.   33.33%  WEMA SHARE PRICE CHANGES (for this Qtr April...

The market opened for four trading days this week as the Federal Government declared Friday April 3 and Monday April 6, 2026 as Public Holidays.Accordingly, the NGX All -Share Index and Market Capitalization appreciated by 0.39% and 0.65% to close the week at 201,698.89 and N129,806 trillion respectively. Financial Services as usual ( measured by volume) led the activity chart with 1.811 billion shares valued at N61.901 billion traded in 86,818 deals, thus contributing 63.41% and 54.49% to the total equity turnover volume and value respectively. Accordingly, the trading activities in th...

The NGX All -Share Index and Market Capitalization depreciated by 0.12% to close the week at 200,913.06 and N128,969 trillion respectively. The week ended with a mixed bag of results as some indices closed lower while some others appreciated slightly.NGX Banking closed -2.47% lower, even though The Financial Services industry ( measured by Volume)led the activity chart as usual. Notably, Trading in top three equities, namely Wema Bank Plc , Access Holdings Plc and United Bank for Africa Plc ( measured by Volume) accounted for 1,448 billion shares worth N43.191 billion in 28,436 deals, t...

The Nig equity markets mostly ignored the spike in oil prices ,assuming that military action in Iran would be brief - until last week As damage to oil and gas facilities in the Middle East escalated and signs of an " off -ramp" from the war diminished, investors seemed to be struggling with the economic implications of the conflict in the intermediate term. We may be at a turming point when macro concerns re emerge in the markets, and that has important implications for investment strategy. In the last few weeks ,the non availability of gas to power electricty and the ever recurring ...

Most World Bourses plummeted this period principally because of Inflation concerns and Energy Concerns. USD is dropping as rising Energy Prices dent rates cut outlook and equally Naira traded at NFEM rate of N1,366.23/$ as Middle East Conflict sparks global volatility. Based on the recent monetary policy developments, the Central Bank of Nigeria (CBN) already cut its key interest rate (MPR) by 50 basis points to 26.5% during the meeting held on Feb 23-24 . Certainly, there is a lot of uncertainty looming over the world economies at this point in time. GENERAL DISCLOSURES. The N...