Stanley OparaMobil Oil Plc (11 Plc) has emerged as the worst-performing stock for the first week of 2018. The share price of the oil major declined by 12.64 per cent to settle its closing price at N170. NEM Insurance Nigeria Plc, Neimeth International Pharmaceuticals Plc, Trans-nationwide Express Plc and Nestle Nigeria Plc also appeared on the top losers’ chart shedding 7.83 per cent, four per cent, 3.85 per cent and 3.60 per cent, respectively. Sterling Bank Plc started the year as the top gainer, after closing the week with a 30.56 per cent price appreciation, pushing its price up to N1.41. The counter was closely trailed by FCMB Group Plc, Diamond Bank Plc, Skye Bank Plc, and Eterna Plc, which appreciated respectively by 28.38 per cent, 26 per cent, 22 per cent and 21.81 per cent.

Source: Punch January 07, 2018 22:52 UTC