PositiveNaija presents the top gainers of the 2026 Week 7 Nigerian Stock Exchange (NSE) Market for up-to-date decision-making on investing.
2026 Week 7 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 |
| ZICHIS AGRO ALLIED INDUSTRIES PLC | 60.71% | ₦10.80 | – | – |
Zichis Agro Allied Industries listing to increase NGX market cap by ₦1.96bn
|
| UNION DICON SALT PLC | 60.15% | ₦20.90 | – | – |
Salt manufacturer to begin pepper packaging after NAFDAC approval
|
| DAAR COMMUNICATIONS PLC | 55.26% | ₦2.95 | – | – |
Nigerian TV station AIT dismisses shutdown claims, continues broadcasting amid rightsizing
|
| FORTIS GLOBAL INSURANCE PLC | 50.00% | ₦0.39 | – | – |
NGX Lifts Trading Suspension on Fortis Global Insurance Shares After Accounts Filing
|
| JOHN HOLT PLC. | 45.21% | ₦10.60 | – | – |
John Holt shares gain 42.9% YTD in 2026, but risks remain
|
| RED STAR EXPRESS PLC | 42.57% | ₦24.45 | 34.9x | 17.4% |
Red Star Express grows Q2 2025 profit by 98.8% as revenue hits ₦5.8 billion
|
| R T BRISCOE PLC. | 37.93% | ₦17.42 | – | – |
RTBRISCOE Announces Appointment of Executive Director and CFO
|
| E-TRANZACT INTERNATIONAL PLC | 36.20% | ₦22.95 | 58.9x | 18.8% |
eTranzact targets ₦4.28bn profit in 2025 as it shifts away from airtime sales
|
| SECURE ELECTRONIC TECHNOLOGY PLC | 34.82% | ₦1.51 | – | – |
Secure Electronic Technology Suspends Share Reconstruction as Investors Pull Out
|
| CAP PLC | 32.93% | ₦109.00 | 12.3x | 48.3% |
CAP Plc lifts Q3 2025 profit to ₦1.17 billion on strong paint sales
|
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).
