Stock Market

Dangote Cement, MTN, Access Bank Boost Stock Market on Thursday

Dangote Cement, MTN Nigeria Bolster Nigerian Stock Exchange

Dangote Cement and MTN Nigeria, Nigeria’s two largest listed companies, boosted the Nigerian Stock Exchange (NSE) on Thursday following days of declines.

The NSE All-Share Index gained 1.40 percent from 24,173.53 basis points it closed on Wednesday to 24,512.27 bps on Thursday.

While the market capitalisation of listed equities gained N177 billion from N12.610 trillion recorded on Wednesday to N12.787 trillion.

Investors traded 164.289 million shares valued at N164.289 million in 2,986 transactions on Thursday. See the details below.

Top Trades

Symbols Volume Value
FBNH 42,674,538 N211,269,807.30
CUSTODIAN 20,035,551 N100,177,655.00
ZENITHBANK 17,936,679 N278,969,704.45
GUARANTY 11,671,229 N251,195,125.50
UBA 8,443,421 N51,507,141.60

Top Gainers

Symbols Last Close Current Change %Change
DANGCEM N122 N134.2 12.2 10.00%
MTNN N119 N120 1 0.84%
CUSTODIAN N4.85 N5 0.15 3.09%
AFRIPRUD N4.01 N4.12 0.11 2.74%
ACCESS N6.15 N6.2 0.05 0.81%

Top Losers

Symbols Last Close Current Change %Change
BUACEMENT N41.45 N40 -1.45 -3.50%
DANGSUGAR N12 N11.7 -0.3 -2.50%
NEIMETH N1.5 N1.4 -0.1 -6.67%
ETI N4.25 N4.2 -0.05 -1.18%
UBA N6.15 N6.1 -0.05 -0.81%

 
Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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Samed Olukoya
5 years ago

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