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Nigerian Exchange Limited

Transpower, Transcorp, FBNH Lead Gainers as Nigerian Exchange Closed in Green

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Transcorp Power

The Nigerian Exchange Limited (NGX) closed in the green on Wednesday as the stocks of Transcorp Power Plc, Transnational Corporation and FBN Holdings Plc led gainers with a 9.9% gain each.

Investors transacted shares 416,477,831 worth N19.508 billion in 9,338 transactions during the trading hours of Wednesday.

The NGX All-Share Index expanded by 0.40% to 99,591.64 index points while market capitalisation appreciated to N56.310 trillion.

The renewed interest in the exchange was on the back of the newly listed company, the Transcorp Power Plc, that was listed on Monday.

Transcorp Power Plc has remained bullish since listed and presently trading at N319.4 a share, up from N240 it was listed on Monday.

Top Gainers

Symbols Last Close Current Change %Change
TRANSPOWER N 290.40 N 319.40 29.00 9.99 %
TRANSCORP N 17.27 N 18.99 1.72 9.96 %
FBNH N 31.15 N 34.25 3.10 9.95 %
AFRIPRUD N 6.85 N 7.50 0.65 9.49 %
CILEASING N 3.48 N 3.81 0.33 9.48 %

Top Losers

Symbols Last Close Current Change %Change
TANTALIZER N 0.40 N 0.36 -0.04 -10.00 %
IKEJAHOTEL N 7.50 N 6.75 -0.75 -10.00 %
NASCON N 48.15 N 43.35 -4.80 -9.97 %
ETI N 24.10 N 21.70 -2.40 -9.96 %
LIVESTOCK N 1.63 N 1.47 -0.16 -9.82 %

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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