PositiveNaija presents the top gainers of the 2026 Week 2 Nigerian Stock Exchange (NSE) Market for up-to-date decision-making on investing.
Week 2 Nigerian Stock Exchange Market Top Gainers Index (2026)
| Top gain shares /stocks | Percentage gain increase (%) | Closing price (₦) | Price-to-earnings ratio (P/E ratio) |
Return on equity (ROE) |
News |
| MULTIVERSE MINING AND EXPLORATION PLC | 59.73% | ₦23.40 | 13.5x | 58.3% |
Multiverse Mining and Exploration Plc (MULTIV.ng) Q32025 Interim Report
|
| MCNICHOLS PLC | 53.20% | ₦5.50 | 12.8x | 31% |
McNichols Plc (MCNICH.ng) Q32025 Interim Report
|
| MAY & BAKER NIGERIA PLC | 51.58% | ₦28.80 | 18.6x | 27.1% |
May & Baker Nigeria Plc (MAYBAK.ng) Q32025 Interim Report
|
| DEAP CAPITAL MANAGEMENT & TRUST PLC | 43.54% | ₦3.00 | – | – |
Deap Capital Management & Trust Plc (DEAPCA.ng) 2025 Abridged Report
|
| NEIMETH INTERNATIONAL PHARMACEUTICALS PLC | 43.22% | ₦8.45 | – | – |
Neimeth grows revenue to N5.01bn in nine months
|
| EUNISELL INTERLINKED PLC | 34.76% | ₦169.80 | 200.0x | 34.4% |
Eunisell Interlinked grows revenue 23% to N445 million in Q1 2026, profit margins narrow
|
| FIDSON HEALTHCARE PLC | 32.91% | ₦73.10 | 15.6x | 40.6% |
Fidson Healthcare plans N21b capital raise via rights issue
|
| E-TRANZACT INTERNATIONAL PLC | 32.16% | ₦15.00 | 46.5x | 24.6% |
eTranzact targets ₦4.28bn profit in 2025 as it shifts away from airtime sales
|
| S C O A NIG. PLC. | 31.69% | ₦9.35 | 26.2x | 14.7% |
Scoa Nigeria Plc (SCOA.ng) Q32025 Interim Report
|
| UPDC REAL ESTATE INVESTMENT TRUST | 31.16% | ₦9.05 | 118.0x | 10.3% |
UPDC REIT posts N1.09bn profit as interest income, rental lift earnings
|
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).
