Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

WAPCO, Zenith charge bulls at the Nigerian stock market, investors gain N73.37 billion

Olumide AdesinabyOlumide Adesina
3 years ago
in Business News, Markets, Stock Market
Nigerian stock exchange, Nigerian stock Market

Bulls and Bears of the stock market

Share on FacebookShare on TwitterShare on Linkedin

The Nigerian bourse ended today’s trading on a positive note, as the All Share Index appreciated by +0.66% to close at 22,780.30 index points. Investors gained N78.37 billion, with stock market capitalization rising by the same margin to N11.872 trillion.

However, market activities closed lower compared to the previous trading session, as total volume and value traded declined by -25.61% and -20.32% respectively, at 186.22 million shares valued at N1.852 billion, in 3,446 deals.

ZENITH BANK (+5.36%) was the most traded stock by volume at 30.95 million units, followed by First Bank with 30.72 million units of trades.

Market sentiment, as measured by market breadth, closed positive with 19 gainers, led by NEM (+10.00%), as against 4 losers, topped by SKYAVN (-8.16%).

(READ MORE: WAPCo to resume gas supply from Nigeria to Ghana, others)

With the exception of the Consumer Goods index, which closed -0.12% lower due to a -6.40% decline in GUINNESS, all other indices posted gains on the stock market.

Attractive bargains in ZENITH BANK (+5.36%), GUARANTY (+1.36%), and some tier-one stocks prompted a 2.76% appreciation of the Banking index to finish top.

The Insurance and Industrial indices trailed to gain +2.01% and +1.38% on price appreciation in NEM (+10.00%) and WAPCO (+9.66%), while the Oil & Gas index inched by +0.22%.

READ MORE: Despite avoiding oil price crash, Nigeria is still in trouble

Top gainers

WAPCO up 9.66% to close at N11.35; ZENITH BANK up 5.36% to close at N13.75; BUACEMENT up 0.87% to close at N34.85; PZ up 6.25% to close at N4.25, and GUARANTY up 1.36% to close at N18.6.

Top losers

SKYAVN down N1.96 8.16% to close at N1.8; UNIONDAC down 6.45% to close at N0.29; GUINNESS down 6.40% to close at N19; CAVERTON down 4.26% to close at N2.25; and INITSPLC flat 0.00% to close at N0.7.

Related

Tags: All Share IndexBANKING INDEXINDUSTRIAL INDEXMarket Breadth IndexNigeria Stock Exchange (NSE)Nigerian Business NewsNigerian stock marketWAPCoZenith Bank News

Leave a Reply Cancel reply

HFM
Mega Millions
Mega Millions
Standard
Patricia





NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Amid a bearish market, Voltron Capital sees opportunities investing more in African startups
  • Buhari says naira redesign targets corrupt persons, terrorism financiers as CBN insists on January 31 deadline
  • INEC again extends deadline for collection of PVCs

Follow us on social media:

Recent News

Olumide Soyombo Founder Voltron Capital

Amid a bearish market, Voltron Capital sees opportunities investing more in African startups

January 29, 2023
Buhari says naira redesign targets corrupt persons, terrorism financiers as CBN insists on January 31 deadline

Buhari says naira redesign targets corrupt persons, terrorism financiers as CBN insists on January 31 deadline

January 28, 2023
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Lifestyle
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds

© 2023 Nairametrics