PositiveNaija presents the top gainers of the 2026 Week 3 Nigerian Stock Exchange (NSE) Market for up-to-date decision-making on investing.
Week 3 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 |
| NCR (NIGERIA) PLC | 60.79% | ₦128.55 | 19.3x | – |
NCR Nigeria ends two-year loss streak with ₦238m profit on FX gains
|
| S C O A NIG. PLC. | 59.36% | ₦14.90 | 26.2x | 14.7% |
Scoa Nigeria Plc (SCOA.ng) Q32025 Interim Report
|
| DEAP CAPITAL MANAGEMENT & TRUST PLC | 48.67% | ₦4.46 | – | – |
Deap Capital Management & Trust Plc (DEAPCA.ng) 2025 Abridged Report
|
| JAIZ BANK PLC | 45.73% | ₦8.19 | 13.2x | 53.2% |
Jaiz Bank sees profit surge in Q1 on strong financing income
|
| OMATEK VENTURES PLC | 38.28% | ₦1.77 | – | – |
Omatek Ventures Plc (OMATEK.ng) Q32025 Interim Report
|
| RED STAR EXPRESS PLC | 25.71% | ₦13.20 | 16.0x | 16.1% |
Red Star Express grows Q2 2025 profit by 98.8% as revenue hits ₦5.8 billion
|
| UPDC PLC | 24.00% | ₦6.20 | 118.0x | 10.3% |
UPDC 2025-9months: It’s A Hold, Amid Rising Profit, Shrinking Margins, Galloping Share Price Post-Turnaround
|
| E-TRANZACT INTERNATIONAL PLC | 22.33% | ₦18.35 | 46.5x | 24.6% |
eTranzact targets ₦4.28bn profit in 2025 as it shifts away from airtime sales
|
| SECURE ELECTRONIC TECHNOLOGY PLC | 21.35% | ₦1.08 | – | – |
Secure Electronic Technology Plc (NSLTEC.ng) Q32025 Interim Report
|
| MULTIVERSE MINING AND EXPLORATION PLC | 20.73% | ₦28.25 | 13.4x | 58.3% |
Multiverse Mining and Exploration Plc (MULTIV.ng) Q32025 Interim Report
|
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).
