Nigerian Stocks at the third trading session of the week again close on a positive note, as All Share Index advanced on Wednesday by 0.11% to 40,341.05 index points driven by price appreciation in Mobil, BOCGAS, and SEPLAT.
MOBIL led the gainers table at 9.43% to close at N249.5 followed by FLOURMILL up 6.93% to close at N29. BOCGAS at 9.92% to close at N12.52.
Other top gainers include, 3 SEPLAT up 0.08% to close at N496.5 while GUINNESS went up 1.61% to close at N18.9.
In all, market breadth came in with 32 gainers and 16 losers.
The Year-to-date return and market capitalization settled at 0.17%, and N21.09 trillion respectively.
A total volume of 468.1 million units of shares, valued at N6.96 billion exchanged hands in 5,697 deals.
ZenithBank stocks was the most traded shares by volume and value at 45.7 million units and N1.18 billion respectively.
The sectorial performance was broadly bullish as the Insurance & Energy indexes lead the gainer’s chart by +4.12 & 1.74%.
The Consumer goods, Industrial & Banking sectors trailed distantly, appreciating by 0.11% and 0.08% apiece.
Top losers after the day’s trading include INTBREW down 3.82% to close at N6.8 GLAXOSMITH down 2.78% to close at N7 LIVESTOCK down 9.74% to close at N1.76 – AFRIPRUD down 2.59% to close at N6.77 and CUTIX down 5.00% to close at N2.09
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.
INVESTIGATION: Poorly executed classroom projects force children out of school in Niger State
Once a vibrant hub of learning for pupils, Kodo Primary School now resonates a stark contrast to its former days...
SPECIAL REPORT: Shell’s inaccurate data raises questions around efforts to control methane emissions in Nigeria
Much worse for the environment than carbon dioxide, despite global efforts to control methane, emissions continue soaring. With over a...
FEATURE…Missing Rig Workers: Tragedy, Injustice and the Depthwize cabal
The serene landscape of Ovhor in Delta State bore witness to a disaster that shook the nation’s conscience. The capsize...
FEATURE… In the shadow of kidnappers: The story of Nigeria’s albatross
For decades, Nigeria has been grappling with a problem that has threatened the safety and stability of its people: kidnapping....
FEATURE: The falling standard of education in Nigeria today: Whose Fault?
Over the years, education has proven to be the fulcrum facilitating national development in any state. Through education, knowledge is...