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Nigerian Exchange Limited

Nigerian Stock Market Extends Gain; Investors Gain N248 Billion on Tuesday

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Stock - Investors King

Nigerian Exchange Limited (NSE) gained N248 billion on Tuesday following N13 billion gain posted on the first trading day of October, Monday.

Investors sentiment rose ahead of third quarter financial reports with traders exchanging 432,992,034 shares valued at N3.125 billion in 4,377 deals during the trading hours of Tuesday, against 202,355,622 shares valued at N1.864 billion that exchanged hands in 4,066 transactions on Monday.

Market value of listed equities appreciated by N248 billion from N20.969 trillion recorded on Monday to N21.217 trillion on Tuesday.

First Bank of Nigeria Holdings led gainers with N0.80 or 9.76 percent to close at N9 per share. This was followed by Pharm-Deko’s N0.25 or 9.69 percent gain to settle at N2.83 per share as shown below.

Top Five Gainers

Symbols Last Close Current Change %Change
FBNH N 8.20 N 9.00 0.80 9.76 %
PHARMDEKO N 2.58 N 2.83 0.25 9.69 %
COURTVILLE N 0.38 N 0.41 0.03 7.89 %
LEARNAFRCA N 1.44 N 1.55 0.11 7.64 %
JAIZBANK N 0.57 N 0.61 0.04 7.02 %

Top Five Losers

Symbols Last Close Current Change %Change
UPL N 1.35 N 1.22 -0.13 -9.63 %
REGALINS N 0.45 N 0.41 -0.04 -8.89 %
INTBREW N 4.80 N 4.50 -0.30 -6.25 %
PZ N 5.75 N 5.45 -0.30 -5.22 %
CHIPLC N 0.62 N 0.59 -0.03 -4.84 %

Top Trades

Symbols Volume Value
UNIVINSURE 105108290.00 21231658.00
FBNH 46306619.00 411158350.85
ACCESS 30696440.00 286676551.10
GTCO 25662491.00 721392542.05
COURTVILLE 22387702.00 9178957.82

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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