Stock Market

Nigerian Stock Exchange Sustains Bullish Trend on Wednesday as Investors Gain N20bn

Nigerian Stock Exchange

Investors Gain N20 Billion on Wednesday

Investors at the Nigerian Stock Exchange gained N20 billion on Wednesday as the Exchange sustained its bullish momentum.

The market capitalisation of listed stocks expanded from N13.194 trillion it closed on Tuesday to N13.214 trillion on Wednesday. While the NSE All-Share Index gained 0.15 percent to settle at 25,330.10 basis points, up from 25,291.73 bps it closed on Tuesday.

Investors exchange 180.733 million shares worth N1.355 billion in 3,411 transactions during the trading hours of Wednesday.

In terms of volume traded, Fidelity Bank led with 26.568 million shares valued at N47.272 million. This was followed by UBA with 19.478 million shares worth N125.969 million. See the details below.

Top Trades

Symbols Volume Value
FIDELITYBK 26,568,321 N47,272,489.56
UBA 19,478,285 N125,969,407.85
ACCESS 18,952,859 N121,290,253.35
FBNH 17,828,173 N89,196,141.15
ZENITHBANK 10,204,160 N172,792,341.40

Top Gainers

Symbols Last Close Current Change %Change
STANBIC N34.5 N36.05 1.55 4.49%
NNFM N4.1 N4.5 0.4 9.76%
UACN N5.4 N5.75 0.35 6.48%
VITAFOAM N5.15 N5.44 0.29 5.63%
GUINNESS N15.3 N15.5 0.2 1.31%

Top Losers

Symbols Last Close Current Change %Change
AFRIPRUD N4.5 N4.2 -0.3 -6.67%
CUSTODIAN N4.9 N4.8 -0.1 -2.04%
UBA N6.55 N6.45 -0.1 -1.53%
CORNERST N0.62 N0.56 -0.06 -9.68%
CADBURY N7.8 N7.75 -0.05 -0.64%

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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