PositiveNaija presents the top gainers of the 2026 Week 10 Nigerian Stock Exchange (NSE) Market for up-to-date decision-making on investing.
2026 Week 10 Nigerian Stock Exchange Market Top Gainers Index
| Top gain shares /stocks | Percentage gain increase (%) | Closing price (₦) | Price-to-earnings ratio (P/E ratio) |
Return on equity (ROE) |
News |
| FORTIS GLOBAL INSURANCE PLC | 58.51% | ₦1.49 | – | – |
Fortis Global Insurance seeks fresh capital to meet regulatory requirements
|
| PREMIER PAINTS PLC | 32.73% | ₦14.60 | 802.5x | – |
Xenergi in Talks to Acquire 51% Stake in Premier Paints
|
| ETERNA PLC. | 28.72% | ₦42.35 | 26.6x | 38.1% |
Eterna Plc Launches Self-Service Fuel Stations in Partnership with Fuelmetrics Limited
|
| NIGERIAN EXCHANGE GROUP | 21.73% | ₦150.95 | 34.9x | 20.2% |
Nigerian Exchange Group Plc (NGXG.ng) 2025 Annual Report
|
| U A C N PLC | 20.63% | ₦115.80 | 378.1x | 1.4% |
UACN lists ₦54.03bn bond on FMDQ Exchange
|
| CUSTODIAN INVESTMENT PLC | 20.44% | ₦81.90 | 7.0x | 40.5% |
Custodian Investment profit rises to ₦45bn on interest income growth
|
| SOVEREIGN TRUST INSURANCE PLC | 20.36% | ₦2.66 | 57.7x | 5.1% |
Sovereign Trust Insurance to raise ₦5bn through Rights Issue
|
| ARADEL HOLDINGS PLC | 19.96% | ₦1300.40 | – | 27.0% |
Aradel Holdings Plc achieves ISO 45001:2018 Certification
|
| OANDO PLC | 18.90% | ₦49.70 | 2.1x | – |
Oando Reaffirms Support for Indigenous Upstream Growth
|
| UH REAL ESTATE INVESTMENT TRUST | 9.96% | ₦76.15 | 12.4x | – |
UH REIT income rises to ₦1.3 billion in 2025
|
Understanding different scenarios:
Use the PE ratio and ROE together. The PE ratio helps determine if a stock is overvalued, while ROE helps assess the quality of earnings and operational efficiency.
- High PE, High ROE: The stock may be expensive, but the strong profitability could justify the higher price.
- High PE, Low ROE: This combination is a warning sign, suggesting the stock may be overvalued and is not an ideal investment.
- Low PE, Low ROE: This could indicate a company is undervalued, but also potentially in decline. Further investigation is needed to understand why the ROE is low.
- Low PE, High ROE: Potential strong investment; an overlooked and highly efficient company.
Research Credits
*This compilation series was first researched, written, poster designed and last updated by Toju Micheal Ogbe.
*This weekly series is open for/to suggestion, donation, sponsorship, collaboration, partnership or advertisement (+2349064503292).
