Stock Market

NSE Sustains Gain on the Back of MTN, Unilever, Nigerian Breweries, Others

Investors Gain N50bn as MTN, Unilever, Nigerian Breweries, Others Closed in Red

The Nigerian Stock Exchange (NSE) sustained Wednesday’s gain on the back of renewed interest in the stocks of Nigerian Breweries, Unilever, MTN Nigeria and others.

The market capitalisation of listed equities expanded by N50 billion from N13.115 trillion on Wednesday to N13.165 trillion on Thursday.

The NSE All-Share Index gained 0.38 percent from 25,141.48 basis points it closed on Wednesday to 25,236.97 bps on Thursday.

Investors traded 258.082 million shares valued at N1.678 billion in 3,640 transactions during the trading hours of Thursday. See the details below.

Top Trades

Symbols Volume Value
TRANSCORP 105,499,045 N61,392,152.05
ZENITHBANK 25,659,743 N429,954,038.10
CHAMS 22,936,631 N4,827,021.59
GUARANTY 12,532,616 N311,021,584.80
FBNH 7,841,888 N39,591,760.25

Top Gainers

Symbols Last Close Current Change %Change
NB N34 N36 2 5.88%
MTNN N118.5 N119.5 1 0.84%
UNILEVER N12 N13 1 8.33%
STANBIC N33 N33.8 0.8 2.42%
FLOURMILL N19.4 N19.85 0.45 2.32%

Top Losers

Symbols Last Close Current Change %Change
BUACEMENT N38.7 N38.6 -0.1 -0.26%
IKEJAHOTEL N1.01 N0.91 -0.1 -9.90%
NEIMETH N2 N1.9 -0.1 -5.00%
CHAMPION N0.78 N0.71 -0.07 -8.97%
STERLNBANK N1.2 N1.15 -0.05 -4.17%

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
4 years ago

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