Stock Market

Stock Market Closed the Week in Green

Stock Market Gains N139 Billion this Week

The Nigerian Stock Exchange (NSE) closed the week positive despite Guinness, WAPCO and others closing in the red.

The three-day trading week saw market capitalisation of listed equities expanding by N139 billion from N12.743 trillion it closed on Friday to N12.882 trillion on Wednesday when the Exchange closed for the week.

While market capitalisation of listed stocks gained 266 basis points from 24,427.73 bps it closed last week to 24,693.73 basis points on Wednesday.

On Wednesday, Investors traded 101.587 million shares valued at N973.637 million in 3,685 transactions. See the details below.

Top Trades

Symbols Volume Value
GUARANTY 10,868,529 N244,682,665.15
FBNH 9,715,949 N49,141,768.40
UBA 9,446,483 N58,597,587.70
ETI 6,081,250 N25,427,858.35
STERLNBANK 5,870,265 N6,990,621.07

Top Gainers

Symbols Last Close Current Change %Change
SEPLAT N282 N310.2 28.2 10.00%
BUACEMENT N39 N39.4 0.4 1.03%
UACN N6.8 N7 0.2 2.94%
PZ N3.9 N4.1 0.2 5.13%
GLAXOSMITH N4.8 N4.9 0.1 2.08%

Top Losers

Symbols Last Close Current Change %Change
GUINNESS N13.5 N13 -0.5 -3.70%
WAPCO N12 N11.75 -0.25 -2.08%
STUDPRESS N1.99 N1.8 -0.19 -9.55%
ARBICO N1.54 N1.39 -0.15 -9.74%
NPFMCRFBK N1.31 N1.18 -0.13 -9.92%

 

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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