The Nigerian capital market rode on the back of blue chip stocks to close Thursday session on a positive note. The bullish run, beginning on Tuesday, entered day 3 with the All Share Index (ASI) upping by 0.36% to close at 26,872.09 basis points. Today’s trade ended with a market capitalisation of N12.970 trillion. Year to date, the market is down by 14.50%.
TOP 5 GAINERS
Flour Mills of Nigeria led the pack of gainers with 9.85% appreciation and a closing price of N17.85. Stanbic recorded a 2.56% increase to close at N40. The share price of telecommunications giant, MTNN, rose by 0.80% to close at N120. Dangote Cement similarly recorded marginal appreciation, in this case by 0.63% to finish today’s trade at N144.9. Dangote Sugar completed this category, advancing by 6.94% to N13.1.
TOP 5 LOSERS
Profit-taking in the shares of CCNN saw it lead the ranks of losers, plunging by 10% to close at N18. Unilever went down by 5.68% with a closing price of N17.45. Zenith Bank shed 1.06% to end today’s trade at N18.6. UBA closed at N7.6, indicating a 1.94% loss while WAPCO declined by 0.69% to close at N14.4.
TOP 5 TRADES
The shares of FBN Holdings were the most active during today’s trading session as 74.028 million shares worth N558.421 million exchanged hands in 450 transactions. Transcorp came next with 19.188 million of its shares valued at N19.569 million traded in 68 deals. Zenith Bank traded 18.307 million units estimated at N342.453 million in 462 deals. 17.233 shares of GTB were traded in 220 transactions with a value of N506.182 million. UBA traded 14.158 million shares priced at N107.566 million in 231 deals to complete the top five on the activity chart.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
FEATURES: Rise in Monkeypox infection troubling Nigeria’s rural population
In this features, KELECHUKWU IRUOMA goes into the rural communities of Bayelsa State, south-south Nigeria to uncover the plight of...
SPECIAL REPORT: Kwara communities groan as erosion washes away roads, property
For a number of years communities in Ilorin South LGA of Kwara State have had to live with the menace...
SPECIAL REPORT: Lack of legal provisions, cultural sentiments fueling marital r*pe in Nigeria
By Arinze Chijioke In the early days of Sandra Izuckukwu’s marriage in 2019, her husband, Sunday Izuchukwu, did everything she...
INVESTIGATION… LIVES ON THE LINE (IV): Surviving in a dangerous media environment
This investigation is on the unresolved killing of three Nigerian journalists while on assignments between 2019 and 2020. For six...
INVESTIGATION… LIVES ON THE LINE (III): Precious Owolabi was killed covering a protest
This investigation is on the unresolved killing of three Nigerian journalists while on assignments between 2019-2020. For six months, Nigerian...