• 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

MTN, BUAcement in a home run win, Investors gain N121.9 billion.

Olumide Adesina by Olumide Adesina
June 8, 2020
in Stock Market
MTN, Buacement in a home run win, Investors gain N121.9 billion.
Share on FacebookShare on TwitterShare on Linkedin

Equities trading on the Nigerian Stock Market opened the week on a bullish note closing the All Share Index at 25,249.90 index points after 0.93% appreciation.

Equity investors on the bourse gained N121.9 billion as market capitalization appreciated by the same margin to close at N13.17 trillion.

A turnover of 230.49 million shares valued at N2.16billion in 4,621 deals was recorded in today’s trading.

RelatedStories

Seplat Energy

SEPLAT posts N13.5 billion in trades as All-Share Index eyes 121,000 level, mid-cap stocks shine 

July 4, 2025
9mobile, MTN to roll out National Roaming nationwide before end of July 

9mobile, MTN to roll out National Roaming nationwide before end of July 

July 3, 2025

FBNH was the most traded stock by volume at 34.52 million units while GUARANTY topped by value at N550 million.

Market breath closed positive with 31 gainers against 11 losers. WAPIC (10.00%) recorded the highest price gain to close at N0.33K per share, while JAPAUL OIL (-10.00%)  led the laggards to close at N0.27K.

All the sectors under our coverage recorded gains. Notably, the industrial sector (+2.39%) topped the list, with BUACEMENT (+3.75%). The Insurance sector (+1.57%) followed suit, due to increases in WAPIC (+10.00%) and AIICO (+3.64%).

(READ MORE:Naira gains against the dollar at I&E window, as forex liquidity goes up by 358%)

The Banking sector (1.09%) also moved up, due to JAIZBANK (+7.58%), STERLNBANK (+4.69%), and ACCESS (+0.15%). In the Energy (+0.24%) and Consumer Goods sectors (+0.04%), OANDO (+2.27%), UACN (+6.45%), and VITAFOAM (+5.37%) drove the gains, respectively. In addition, we saw buying interests in MTN (+1.72%) and NB (+1.19%).

Top 10 stockbroking firms trade N1.35 trillion on stocks in 2019, Nigerian stockbrokers facing extinctionBanking stocks lay anchor on the shaky waters of Nigerian Stock Market, Nigerian banking stocks ignore red flags, boost nigeria stock market, stock market, MTN, Buacement in a home run win, Investors gain N121.9 billion.

Top gainers 

UACN up 6.45% to close at N8.25,  VITAFOAM up 5.37% to close at N5.69   MTNN up 1.72% to close at N118,BUACEMENT up 3.75% to close at N41.5,NB up 1.19% to close at N42.5

Top Losers 

CORNERST down 9.09% to close at N0.5,ETERNA down 4.49% to close at N2.55,DANGSUGAR down 2.68%  to close at N14.55,GUINNESS down 1.64% to close at N18, CUSTODIAN down 0.83% to close at N6

Outlook  

Nigeria’s stock market sentiment ended bullish, as blue-chip stocks like MTN and Buacement lifited Nigeria’s bourse

Nairametrics envisages cautious buying as market liquidity remains quite thin.

 


Follow us for Breaking News and Market Intelligence.
Tags: AIICO Insurance - NewsBuacementMTNNigerian stock market
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 posts N13.5 billion in trades as All-Share Index eyes 121,000 level, mid-cap stocks shine 

July 4, 2025
9mobile, MTN to roll out National Roaming nationwide before end of July 
Corporate deals

9mobile, MTN to roll out National Roaming nationwide before end of July 

July 3, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

Nigerian stock market soars 16.57% in the first half of 2025 — Top sectors behind the rally 

July 2, 2025
NGX
Financial Literacy

How to start investing in Nigerian stocks in 2025: A complete newbie’s guide

June 29, 2025
Bears assert dominance, crashing stocks by 183.88 points, erasing N103.97 billion in value
Equities

Heavyweight stocks lead charge as All-Share Index rises 1.57%; the week’s top performers 

June 29, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

Weekly Market Wrap: SEPLAT, two other heavyweights soar as ASI rakes in 2,708 points; banking sector recovers 

June 22, 2025
Next Post
FG says international passengers must be tested by private labs 7 days after returning

Nigeria set to resume evacuation of Nigerians in diaspora

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • FG ramps up cybersecurity measures to protect Nigeria’s digital infrastructure 
  • Africa Film Finance Forum eyes $20 billion Pan-African film economy 
  • ACCESSCORP leads trading value as All-Share Index rises 0.28%; five stocks hit daily gain limit 

Follow us on social media:

Recent News

FG ramps up cybersecurity measures to protect Nigeria’s digital infrastructure 

FG ramps up cybersecurity measures to protect Nigeria’s digital infrastructure 

July 9, 2025
Africa Film Finance Forum eyes $20 billion Pan-African film economy 

Africa Film Finance Forum eyes $20 billion Pan-African film economy 

July 9, 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