Nigerian Exchange Limited

Stanbic IBTC Leads Stock Gainers With 10 Percent Following N80.939 Billion Profit Declaration for 2020

Stanbic IBTC Holdings led gainers across the Nigerian Stock Exchange on Wednesday following a strong financial report.

The leading financial institution gained 9.99 percent or N4.4 to settle at N48.45 per share on Wednesday after it reported N80.939 billion profit for the year ended 31, December 2021.

On Wednesday, investors traded 361.903 million shares valued at N5.702 billion in 4,018 transactions.

The market value of listed stocks gained N198 billion from N20.251 trillion it closed on Tuesday to settle at N20.449 trillion on Wednesday.

While the Nigerian Stock Exchange All-Share Index rose by 0.98 percent to close at 39,085.78 index points, up from 38,704.97 index points on Tuesday.

Union Bank of Nigeria led the most traded stocks with 79,345,892 shares valued at N420,532,556.95. Followed by GTBank’s 72,619,765 shares estimated at N2,259,444,370.75. See the details below.

Top Trades

Symbols Volume Value
UBN 79,345,892 N420,532,556.95
GUARANTY 72,619,765 N2,259,444,370.75
VERITASKAP 50,246,733 N10,525,413.93
EKOCORP 20,000,000 N120,000,000.00
ZENITHBANK 16,674,931 N367,031,175.70

Top Gainers

Symbols Last Close Current Change %Change
STANBIC N44.05 N48.45 4.4 9.99%
NPFMCRFBK N1.77 N1.94 0.17 9.60%
CORNERST N0.56 N0.61 0.05 8.93%
GUINNESS N25.1 N27.3 2.2 8.76%
OANDO N3.11 N3.38 0.27 8.68%

Top Losers

Symbols Last Close Current Change %Change
MRS N13.4 N12.1 -1.3 -9.70%
WAPIC N0.55 N0.5 -0.05 -9.09%
WAPCO N22.5 N20.9 -1.6 -7.11%
AFRIPRUD N5.5 N5.2 -0.3 -5.45%
LIVESTOCK N1.9 N1.81 -0.09 -4.74%

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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