Modupe Gbadeyanka
By Modupe Gbadeyanka
According to the News Agency of Nigeria (NAN), Stanbic IBTC Holdings Plc emerged the best performing stock in percentage terms on the Nigerian Stock Exchange (NSE) in April 2017 after increasing by 48.98 percent.
This was as a result of the impressive 2016 full year result for the financial year ended December 31, declared by the bank during the period.
Second on the list is Air Service, which grew by 40.32 percent, having closed at N4.35k against N3.10k achieved in March, while C & I Leasing rose by 36 percent to close at 66k per share against the opening price of 50k.
Fourth on the chart, according to data obtained by NAN, is Lafarge Africa, which progressed by 31.07 percent during the period to close at N50.92k against N38.85k posted in the preceding month and the fifth National Allied Industry, which advanced by 23.04 percent to close at N8.49k versus N6.90k in March 2017.
It was learnt that Stanbic IBTC, in April 2017, finished at N26.25k per share compared with N17.62k it obtained in March 2017.
