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Nigerian Stock Exchange

Nigerian Stocks Market Extends Gain as Investors Jump on Bank Stocks

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stock - Investors King

Investors at the Nigerian Exchange Limited are jumping on bank stocks ahead of the first half reports as FBN Holdings Plc’s trading volume rose from 11,823,255.00 shares traded on July 5th, 2021 to 34,838,093.00 shares on July 7th, 2021. Access Bank Plc also grew from 11,623,377.00 shares to 28,693,835.00 shares during the same period.

Zenith Bank was also attractive as its trading volume increased from 13,713,571.00 shares to 27,728,523.00 shares. Fidelity Bank remained among the top 5 most traded stocks for the third consecutive day with 24,741,668.00 shares traded on Wednesday. 

Investors traded a combined 296,098,560 shares valued at N2.562 billion in 4,507 transactions during the trading hours of Wednesday.

The market value of listed equities gained N43 billion from N20.027 trillion recorded on Tuesday to N20.070 trillion on Wednesday. While the Nigerian Exchange Limited All-Share Index appreciated by 0.22 percent from 38418.04 index points on Tuesday to 38501.31 index points on Wednesday.

Cutix Plc led gainers with N0.33 or 10 percent gain to settle at N3.63 a share. John Holt Plc followed with N0.06 or 9.84 percent gain to close at N0.67 a unit. See the table below for further details.

Top Gainers

Symbols Last Close Current Change %Change
CUTIX N 3.30 N 3.63 0.33 10.00 %
JOHNHOLT N 0.61 N 0.67 0.06 9.84 %
UAC-PROP N 1.03 N 1.13 0.10 9.71 %
TRIPPLEG N 0.84 N 0.91 0.07 8.33 %
WAPIC N 0.56 N 0.59 0.03 5.36 %

Top Losers

Symbols Last Close Current Change %Change
BOCGAS N 8.55 N 7.70 -0.85 -9.94 %
BERGER N 9.85 N 8.90 -0.95 -9.64 %
COURTVILLE N 0.22 N 0.21 -0.01 -4.55 %
JAPAULGOLD N 0.51 N 0.49 -0.02 -3.92 %
UNITYBNK N 0.57 N 0.55 -0.02 -3.51 %

Top Trades

Symbols Volume Value
FBNH 34838093.00 265090152.55
ACCESS 28693835.00 271734953.40
ZENITHBANK 27728523.00 689154949.75
FIDELITYBK 24741668.00 57422752.99
TRANSCORP 23928376.00 21354887.40

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Nigerian Stock Exchange

Nigerian Exchange Limited (NGX) Dips Slightly on Wednesday

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Nigerian Exchange Limited - Investors King

The Nigerian Exchange Limited closed lower on Wednesday as listed companies started releasing their first half of the year financial results. The Nigerian Exchange Limited dipped by 0.03 percent to 38791.03 index points.

Investors traded 237,510,446 shares worth N1.882 billion in 4,305 transactions during the trading hours of Wednesday. While the market capitalisation of listed equities moderated to N20.211 trillion.

Oando led the most traded stocks with 442.901 million shares valued at N232.963 million. This was followed by bank stocks as shown in the table below.

Capital Hotel Plc led gainers with N0.26 or 9.85 percent to close at N2.90 a unit.  This was trailed by Oando as shown in the table below.

Top Gainers

Symbols Last Close Current Change %Change
CAPHOTEL N 2.64 N 2.90 0.26 9.85 %
OANDO N 4.79 N 5.26 0.47 9.81 %
BOCGAS N 8.45 N 9.20 0.75 8.88 %
FTNCOCOA N 0.49 N 0.53 0.04 8.16 %
LIVESTOCK N 2.29 N 2.40 0.11 4.80 %

Top Losers 

Symbols Last Close Current Change %Change
CHIPLC N 0.60 N 0.54 -0.06 -10.00 %
TRIPPLEG N 1.00 N 0.90 -0.10 -10.00 %
PHARMDEKO N 1.21 N 1.09 -0.12 -9.92 %
REGALINS N 0.44 N 0.41 -0.03 -6.82 %
ETERNA N 7.60 N 7.10 -0.50 -6.58 %

Top Trades

Symbols Volume Value
OANDO 44290171.00 232963299.46
UBA 19347045.00 150748119.55
WEMABANK 14241504.00 11875243.28
ACCESS 13291234.00 123732885.50
JAIZBANK 12296486.00 7584191.02

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Nigerian Stock Exchange

Stock Investors Gained N94 Billion on Monday as NGX Extends Gain

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Nigerian Exchange Limited - Investors King

The Nigerian Exchange Limited (NGX) extended its bullish trend on Monday following the renewed confidence in the stock market as listed companies started releasing their financial statements.

Investors traded 246,556,190 shares worth N2.243 trillion in 4,676 deals during the trading hours of Monday.

The market value of listed equities gained N94 billion from N20.147 trillion recorded on Friday to N20.241 trillion on Monday, while the Nigerian Exchange Limited All-Share Index appreciated by 0.47 percent from 38,667.90 index points it closed on Friday to 38849.08 index points on Monday.

Oando led top gainers with N0.39 or 9.82 percent gain to settle at N4.36 per share. This was followed by FTN Cocoa Processors plc’s N0.04 or 9.76 percent gain to close at N0.45 a unit. See the details below.

Top Gainers

Symbols Last Close Current Change %Change
OANDO N 3.97 N 4.36 0.39 9.82 %
FTNCOCOA N 0.41 N 0.45 0.04 9.76 %
ARDOVA N 15.90 N 17.45 1.55 9.75 %
BOCGAS N 7.70 N 8.45 0.75 9.74 %
LIVESTOCK N 1.97 N 2.16 0.19 9.64 %

Top Losers 

Symbols Last Close Current Change %Change
UNIVINSURE N 0.22 N 0.20 -0.02 -9.09 %
LINKASSURE N 0.70 N 0.65 -0.05 -7.14 %
SOVRENINS N 0.29 N 0.27 -0.02 -6.90 %
AFRIPRUD N 6.90 N 6.45 -0.45 -6.52 %
REGALINS N 0.48 N 0.45 -0.03 -6.25 %

Top Trades

Symbols Volume Value
FIDELITYBK 30544464.00 73765662.70
ACCESS 14714058.00 136722264.30
UBA 13843872.00 108646189.95
GTCO 12760702.00 378319014.35
WEMABANK 11265344.00 9806299.70

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Nigerian Stock Exchange

Stocks Market Investors Gained N376 Billion Last Week

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Stock Bull - Investors King

Investors at the Nigerian Exchange Limited gained N376 billion last week as more stocks closed in the green.

In the three days trading week, investors traded 896.174 million shares worth N5.235 billion in 11,714 transactions during the week, against a total of 1.008 billion shares valued at N10.923 billion that exchanged hands in the previous week in 17,297 deals.

In terms of volume traded, Financial Services Industry led the activity chart with 718.570 million shares valued at N3.009 billion traded in 6,223 deals, therefore, contributing 80.18 percent and 57.48 percent to the total equity turnover volume and value, respectively.

The Consumer Goods followed with 46.437 million shares worth N948.489 million in 1,856 deals. The third place was Conglomerates Industry, with a turnover of 39.798 million shares worth N207.132 million in 366 deals.

The three most traded equities were Jaiz Bank Plc, Sterling Bank Plc and Fidelity Bank Plc. The three accounted for a combined 369.879 million shares worth N385.516 million in 785 deals. The three contributed 41.27 percent and 7.36 percent to the total equity turnover volume and value, respectively.

The Nigerian Exchange Limited (NGX) All-Share Index gained 1.9 percent or 720.72 index points from 37,947.18 index points post in the previous week to 38,667.90 index points last week.

While the market capitalisation of listed equities gained N376 billion or 1.90 percent to N20.147 trillion, up from N19.771 trillion recorded in the previous week.

Similarly, all other indices finished higher with the exception of NGX Insurance and NGX ASeM indices which depreciated by 0.74 percent and 0.31 percent respectively, while the NGX Growth Index closed flat.

Cutix Plc led gainers with 32.51 percent to close the week at N4.81 a unit. Total Nigeria Plc followed with a 20.95 percent gain from N168.00 per share posted in the previous week to settle N203.20 a unit. See the details.

Stock Gainers - Investors King Stock Losers - Investors King

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