• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Equities Stock Market

Weekly Roundup/Outlook: Market Cap Crosses N10 Trillion For The First Time Since November 2015

Nairametrics by Nairametrics
June 20, 2016
in Stock Market
Nigerian stocks March
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Stock Exchange was on steroids last week as stocks rallied on the back of the new flexible exchange rate policy. Investors decided to take positions in stocks in anticipation of an influx of foreign portfolio investments into the country in the next few weeks or months.

The NSE All-Share Index and Market Capitalization appreciated by 7.40% to close the week at 29,247.27 and N10.045 trillion respectively. In fact, all other major Indices finished higher during the week.

Highlights for the week

RelatedStories

Investments

Investing in a volatile world: Strategies for Gen Zs, millennials, and retirees

July 15, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

SEPLAT tops trading value as All-Share Index hits N80 trillion; ACCESSCORP leads volume 

July 14, 2025
  • All share Index closed 7.4%, 5.73%, 15.57%, and 2.1% week to date, month to date, quarter to date and year to date respectively
  • NSE 30 index gained 7.18% during the week and essentially drove the all share index Northwards
  • The market capitalization of the index closed at N10 trillion the first time since November 9th 2015.
  • Banking Index rose 8.75% as most investors expected commercial banks to benefit more from the new forex policy.
  • Forty-four (44) equities gained in price during the week, higher than twenty-seven (27) equities of the previous week. Twenty-four (24) equities depreciated in price, lower than forty-one (41) equities of the previous week, while one hundred and twelve (112) equities remained unchanged equal to that of the previous week.

Top Gainers

Champion Breweries led the gainers chart with a 27% pop. This was followed closely by

Company

Open

Close

Gain (N)

% Change

CHAMPION BREWERIES PLC

2.71

3.45

0.74

27.31

FBN HOLDINGS PLC

3.79

4.39

0.60

15.83

GUARANTY TRUST

18.88

21.61

2.73

14.46

NIGERIAN BREWERIES PLC

131.00

148.86

17.86

13.63

N.E.M INSURANCE CO.(NIG) PLC

0.96

1.09

0.13

13.54

DIAMOND BANK PLC

2.12

2.39

0.27

12.74

TRANSNATIONAL CORPORATION OF NIG PLC

1.35

1.52

0.17

12.59

UNITED BANK FOR AFRICA PLC

4.29

4.80

0.51

11.89

DANGOTE CEMENT PLC

165.00

183.81

18.81

11.40

ZENITH INTERNATIONAL BANK PLC

15.00

16.65

1.65

11.00

Top Losers

Fortis Microfinance Bank led the losers chart with a massive 50% drop in value.

Company

Open

Close

Loss (N)

% Change

FORTIS MICROFINANCE BANK PLC

5.15

2.58

-2.57

-49.90

GLAXO SMITHKLINE CONSUMER NIG. PLC

18.21

14.22

-3.99

-21.91

MCNICHOLS PLC

1.40

1.23

-0.17

-12.14

NATIONAL AVIATION HANDLING COMPANY PLC

4.68

4.23

-0.45

-9.62

BERGER PAINTS NIGERIA PLC

8.30

7.60

-0.70

-8.43

LAFARGE AFRICA PLC

80.01

75.00

-5.01

-6.26

LEARN AFRICA PLC

0.76

0.72

-0.04

-5.26

CONOIL PLC

23.00

21.85

-1.15

-5.00

UNIVERSITY PRESS PLC

4.41

4.19

-0.22

-4.99

TRANS NATIONWIDE EXPRESS PLC

1.65

1.57

-0.08

-4.85

The following stocks adjusted their price for dividend payments

StockDividendBonusEx div price
BETA GLASS CO PLCN0.40NilN42.83
FORTIS MICROFINANCE BANK PLCNil1 for 1N2.58
LAFARGE AFRICA PLCN3.001 for 10N68.98
MCNICHOLS PLCN0.051 for 10N1.23

Outlook for the week

We expect the market to continue its bullish runs this week ahead of the end of the full implementation of the new forex policy. Profit taking may take place towards the end of the week when the initial euphoria must have waned. The following stocks are on our radar for major movement;

  • Zenith Bank
  • GT Bank
  • Stanbic IBTC
  • Champion Breweries
  • Nigerian Breweries
  • Seplat
  • Presco
  • Okomu Oil
  • Dangote Cement
  • Forte Oil
Tags: All Share IndexANALYSISAviation NewsManufacturingNigerian stock marketNigerian StocksNSEparallel marketSTOCKSZenith Bank News
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

Related Posts

Investments
Financial Literacy

Investing in a volatile world: Strategies for Gen Zs, millennials, and retirees

July 15, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

SEPLAT tops trading value as All-Share Index hits N80 trillion; ACCESSCORP leads volume 

July 14, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

Weekly Market Wrap: Banks drive the Nigerian stock market to a 7-week winning streak as ASI jumps 4.26% 

July 13, 2025
Naira , dollar, exchange rate
Currencies

Naira strengthens to N1,550/$ in parallel market; here’s why it’s gaining 

July 12, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

UBA, three other heavyweights drive explosive rally as All-Share Index eyes N80 trillion 

July 11, 2025
FTN COCOA, UNITY BANK leads as NGX top gainers for the week
Equities

ACCESSCORP leads trading value as All-Share Index rises 0.28%; five stocks hit daily gain limit 

July 9, 2025
Next Post
This Analysis Of What Floating The Naira Means For These Stocks Is A Must Read

This Analysis Of What Floating The Naira Means For These Stocks Is A Must Read

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Nigeria Immigration launches resident permit application portal, ends physical forms by August 1 
  • High profile multi-billion corruption court cases won and lost under Buhari’s 8-year administration 
  • See 10 key road and rail projects associated with former President Buhari’s administration 

Follow us on social media:

Recent News

President Tinubu appoints Ibrahim Gaga as new Executive Director of NEXIM Bank  

Nigeria Immigration launches resident permit application portal, ends physical forms by August 1 

July 16, 2025
High profile multi-billion corruption court cases won and lost under Buhari’s 8-year administration 

High profile multi-billion corruption court cases won and lost under Buhari’s 8-year administration 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics