Connect with us

Stock Market

Dangote Cement Led The Bulls as Nigerian Stock Market Closed in the Green

Published

on

stock bull - Investors King

The Nigerian Stock Exchange All-Share Index rose by 1.68 percent to close at 34,818.01 index points compared to 34,242.83 it closed on Tuesday.

The trading hours ended with a total volume of 661 million shares valued at N8.298 billion in 7,324 deals.

While the market capitalization grew by N300 billion to close at N18.193 trillion from N17.893 trillion it settled on Tuesday.

Dangote Cement, Nigeria Breweries, others led the bull to close the stock market in the green.

Despite the 1.68 percent gains on the stock exchange, Stanbic IBTc, Ardova, Unity Bank, others closed in the red.

Transcorp took the reins as the most traded stock, trading over 160 million shares valued at N172 million. This was followed by Guaranty Trust Bank with 70 million shares valued at N2.620 billion.

See details below.

Top Trades

Symbols Volume Value
TRANSCORP 160,581,039 N172,162,722.21
GUARANTY 70,682,345 N2,620,041,612.70
ZENITHBANK 57,303,612 N1,539,255,449.45
ACCESS 55,177,145 N491,877,136.50
FBNH 37,622,296 N295,921,833.05

Top Gainers

Symbols Last Close Current Change %Change
DANGCEM N187.1 N195 7.9 4.22%
NB N54 N58 4 7.41%
WAPCO N22 N24.1 2.1 9.55%
DANGSUGAR N21 N22.25 1.25 5.95%
ZENITHBANK N25.9 N26.7 0.8 3.09%

Top Losers

Symbols Last Close Current Change %Change
STANBIC N46 N44.85 -1.15 -2.50%
ARDOVA N16 N15 -1 -6.25%
UNITYBNK N0.86 N0.8 -0.06 -6.98%
CORNERST N0.58 N0.53 -0.05 -8.62%
TRANSCORP N1.1 N1.05 -0.05 -4.55%

Continue Reading
Comments

Nigerian Stock Exchange

Nigerian Exchange Group Leads Gainers as Stock Investors Gained N169 Billion Last Week

Published

on

Stock bull - Investors King

The stock price of the Nigerian Exchange Group extended its bullish run to N22 per share last week, representing an increase of 23.95 percent when compared to its N17.75 per share opening price.

During the four trading days week (Eid-iL-Maulud Holiday), investors traded a total of 1.565 billion shares worth N18.384 billion in 21,621 deals, in contrast to a total of 2.838 billion shares valued at N31.653 billion that exchanged hands in 23,355 deals in the previous week.

In terms of the volume traded, the financial service industry led the activity chart with 1.179 billion shares valued at N12.746 billion traded in 13,272 transactions. Therefore, contributing 75.38 percent and 69.33 percent to the total equity turnover volume and value, respectively.

The ICT Industry followed with 131.585 million shares worth N2.151 billion in 636 deals. In third place was Conglomerates Industry, with a turnover of 110.828 million shares worth N 262.227 million in 928 deals.

FBN Holdings Plc, E-Tranzact International Plc and Access Bank Plc were the most traded equities, accounting for 626.888 million shares worth N6.303 billion in 3,677 deals. The three contributed 40.07 percent and 34.29 percent to the total equity turnover volume and value, respectively.

The market value of listed equities gained 0.78 percent or N163 billion from N21.625 trillion in the previous week to N21.794 trillion last week. The NGX All-Share Index also appreciated by 0.78 percent or 325.11 index points to close the week at 41,763.26 index points, up from 41,763.26 index points.

However, all other indices finished lower with the exception of NGX Main Board, NGX 30, NGX Banking, NGX Oil/Gas, NGX Industrial Goods and NGX Sovereign Bond indices which appreciated by 1.64 percent, 0.80 percent, 0.69 percent, 1.40 percent, 2.59 percent and 0.03 percent, respectively, while the NGX ASeM Index closed flat.

The year-to-date return rose to 3.71 percent last week.

 

 

 

 

 

Continue Reading

Nigerian Stock Exchange

Stock Investors Gained N238 Billion as NGX Index Rises by 1.10 Percent

Published

on

Stock Bull - Investors King

Investors at the Nigerian Exchange Limited (NGX) gained another N238 billion on Thursday following a profit of N53 billion on Wednesday.

Market value of all listed equities closed at N21.764 trillion, an increase of N238 billion when compared to N21.526 trillion it closed on Wednesday.

NGX All-Share Index appreciated by 1.10 percent from 41,249.71 index points on Wednesday to 41,704.11 index points on Thursday.

Investors exchanged 216,194,624 shares valued at N3.381 billion in 4,272 transactions during the trading hours of Thursday, in contrast to 499,507,983 shares worth N5.079 billion transacted in 5,998 deals on Wednesday.

Cutix led gainers with N0.5 or 10 percent to close at N5.50 a unit. NGX Group sustained its bullish run with N2.10 or 9.79 percent to close at N23.55 percent as shown below.

Top Gainers 

Symbols Last Close Current Change %Change
CUTIX N 5.00 N 5.50 0.50 10.00 %
NGXGROUP N 21.45 N 23.55 2.10 9.79 %
CHIPLC N 0.55 N 0.60 0.05 9.09 %
NB N 47.90 N 51.45 3.55 7.41 %
BUACEMENT N 67.85 N 72.00 4.15 6.12 %

Top Losers

Symbols Last Close Current Change %Change
TIP N 0.47 N 0.43 -0.04 -8.51 %
NEIMETH N 1.85 N 1.76 -0.09 -4.86 %
UNIVINSURE N 0.21 N 0.20 -0.01 -4.76 %
NAHCO N 3.60 N 3.47 -0.13 -3.61 %
UNITYBNK N 0.57 N 0.55 -0.02 -3.51 %

Top Trades

Symbols Volume Value
FBNH 51915381.00 628328003.80
ETI 20019916.00 143690535.50
TRANSCORP 14645821.00 14974142.81
ACCESS 13034388.00 124228342.40
FIDELITYBK 12480690.00 34160372.88

Continue Reading

Nigerian Stock Exchange

Nigerian Exchange Group (NGXGROUP) Hits N23.55 a Share as Stock Market Gained N53 Billion

Published

on

Nigerian Exchange Group- Investors King

The Nigerian Exchange Group (NGXGROUP) extended its bullish run on Wednesday to top gainers for the third consecutive day since it was listed on Friday.

NGXGROUP opened the day at N19.50 a share before setting a new record-high at N23.55 per unit and gradually paring gain to N21.45. 

During the trading hours of Wednesday, investors traded total shares of 499,507,983 valued at N5.079 billion in 5,998 transactions.

The Nigerian Exchange Limited All-Share Index gained 0.26 percent to close at 41,249.71 index points, while the market value of all listed equities expanded by N53 billion to N21.526 trillion, up from N21.473 trillion it closed on Monday.

Again, FBN Holdings led the most traded stocks with 147,601,710 shares valued at N1,756,369,828.65. See other details below.

Top Gainers 

Symbols Last Close Current Change %Change
NGXGROUP N 19.50 N 21.45 1.95 10.00 %
GLAXOSMITH N 6.55 N 7.00 0.45 6.87 %
NPFMCRFBK N 1.71 N 1.81 0.10 5.85 %
WAPIC N 0.48 N 0.50 0.02 4.17 %
FBNH N 11.75 N 12.20 0.45 3.83 %

Top Losers

Symbols Last Close Current Change %Change
PRESTIGE N 0.47 N 0.43 -0.04 -8.51 %
CHIPLC N 0.60 N 0.55 -0.05 -8.33 %
ACADEMY N 0.36 N 0.33 -0.03 -8.33 %
CADBURY N 8.50 N 8.00 -0.50 -5.88 %
UBN N 5.30 N 5.00 -0.30 -5.66 %

Top Trades

Symbols Volume Value
FBNH 147601710.00 1756369828.65
ETRANZACT 105166888.00 215593550.40
ACCESS 27854834.00 265973090.30
TRANSCORP 22292997.00 22782508.71
GTCO 20595381.00 612908183.40

Continue Reading




Advertisement
Advertisement
Advertisement

Trending