Nigerian Exchange Limited
Stock Market Rebounds from Decline, Gains N89 Billion
Investors gained N89 billion on Thursday as more stocks closed in the green amid positive financial statement reports from listed companies.
Activities rose across the Exchange on Thursday. Investors traded 558,889,156 shares worth N4.4 billion in 4,683 transactions during the trading hours of Thursday, in contrast to 284,601,047 shares worth N3.203 billion that were transacted in 5,036 deals on Wednesday.
Market value of listed equities appreciated by N89 billion to N21.898 trillion after closing flat on Tuesday and shedding N12 billion on Wednesday. Nigerian Exchange Limited (NGX) All-Share Index rose by 0.41 percent from 41,789.59 index points on Wednesday to 41,961.14 index points on Thursday.
University Press again led gainers with N0.18 or 10 percent to close at N1.98 a unit. This was followed by N0.80 or 10 percent gain recorded by Cadbury.
The battle for the control of FBN Holdings continue on Thursday as various interested parties acquired transacted 162,608,406 shares worth N1,872,995,970.90. See other details below.
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| UPL | N 1.80 | N 1.98 | 0.18 | 10.00 % |
| CADBURY | N 8.00 | N 8.80 | 0.80 | 10.00 % |
| GUINNESS | N 30.00 | N 33.00 | 3.00 | 10.00 % |
| AIICO | N 1.03 | N 1.13 | 0.10 | 9.71 % |
| NB | N 51.00 | N 54.25 | 3.25 | 6.37 % |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| MANSARD | N 2.49 | N 2.34 | -0.15 | -6.02 % |
| JAPAULGOLD | N 0.45 | N 0.43 | -0.02 | -4.44 % |
| COURTVILLE | N 0.46 | N 0.44 | -0.02 | -4.35 % |
| MBENEFIT | N 0.29 | N 0.28 | -0.01 | -3.45 % |
| LASACO | N 1.20 | N 1.17 | -0.03 | -2.50 % |
Top Trades
| Symbols | Volume | Value |
|---|---|---|
| FBNH | 162608406.00 | 1872995970.90 |
| TRANSCORP | 115685377.00 | 123899249.28 |
| CILEASING | 63441557.00 | 291824211.45 |
| UBA | 60027017.00 | 509397315.75 |
| ACCESS | 28970883.00 | 273322117.00 |