• 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 Business News

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

Olumide Adesina by Olumide Adesina
April 22, 2020
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.

RelatedStories

Seplat Energy

SEPLAT and ARADEL rally as All-Share Index breaks 116,000; FUGAZ stocks rebound 

June 19, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

GUINEA INSURANCE, ELLAH LAKES lead gainers as All-Share Index dips 0.15% 

June 17, 2025

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.


Follow us for Breaking News and Market Intelligence.
Tags: All Share IndexBANKING INDEXINDUSTRIAL INDEXMarket Breadth IndexNEM Insurance - NewsNigeria Stock Exchange (NSE)Nigerian Business NewsNigerian stock marketWAPCoZenith Bank News
Olumide Adesina

Olumide Adesina

Olumide Adesina is a financial market writer, analyst and investment trader. Message Olumide on Twitter @Olumidecapital

Related Posts

Seplat Energy
Equities

SEPLAT and ARADEL rally as All-Share Index breaks 116,000; FUGAZ stocks rebound 

June 19, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

GUINEA INSURANCE, ELLAH LAKES lead gainers as All-Share Index dips 0.15% 

June 17, 2025
NGX
Equities

NGX Banking Index slips over 3% as investors dump banking stocks in early pre-market 

June 16, 2025
FTN COCOA, UNITY BANK leads as NGX top gainers for the week
Equities

Weekly Market Wrap: All-Share Index rises 0.71% as select consumer and industrial goods stocks fuel rally 

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

BUA Cement gains over 7% as Nigerian stock market conquers new territory 

June 13, 2025
Report: Nigerian banks paying their staff less salaries compared to African peers, blames AMCON 
Financial Services

Report: Nigerian banks paying their staff less salaries compared to African peers, blames AMCON 

June 13, 2025
Next Post
Naira crashes further at the parallel market due to dollar scarcity, lowest since 2017, Naira drops to N454, foreign investors and importers struggle for dollars

Naira crashes further at the parallel market due to dollar scarcity, lowest since 2017

Leave a Reply Cancel reply

Your email address will not be published.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

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • WAES: West Africa exported goods valued at over $166 billion in 2024 – Tuggar 
  • Heineken withdraws staff, suspends operations in Eastern DRC cities amid worsening rebel conflict 
  • Tariff relief triggers $2 billion investment in Nigeria’s digital infrastructure – Tayo Aduloju

Follow us on social media:

Recent News

Yusuf Tuggar, Nigerian military

WAES: West Africa exported goods valued at over $166 billion in 2024 – Tuggar 

June 21, 2025
Heineken launches mandatory takeover bid of Champions Breweries, offers to buyout remaining 15.3% equity stake

Heineken withdraws staff, suspends operations in Eastern DRC cities amid worsening rebel conflict 

June 21, 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