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 Markets Equities Stock Market

BUACEMENT, FLOURMILL, WAPCO rally higher as investors gain N32.7 billion

Olumide AdesinabyOlumide Adesina
2 years ago
in Stock Market
List of Dividends announced in 2022
Share on FacebookShare on TwitterShare on Linkedin

Nigerian stock market continued its bullish run on Tuesday.

The All Share Index gained about 0.25% to close at 25, 291.73 basis points as against +0.03% appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -5.78%. Nigerian Stock Exchange market capitalization stood at N13.194 trillion. Investors gained N32.7 billion.

The trading volume recorded at Nigeria’s bourse was slightly positive as it recorded an uptick of 0.06%.

READ: Why Tesla could overtake Apple as world’s most valuable company

TRANSCORP, UBA, and WEMABANK were the most active to boost market turnover. UBA and ZENITHBANK topped the market value list.

Market breadth closed negative as NEM led 15 gainers as against 20 losers topped by BETAGLAS at the end of today’s session – an unimproved performance when compared with the previous outlook.

READ: This stock has a potential to fetch 100% return

Top gainers

  • NEM up 9.63% to close at N2.05
  • JBERGERup 3.03% to close at N17
  • BUACEMENT up 2.83% to close at N40
  • WAPCO up 1.74% to close at N11.7
  • FLOURMILL up 1.08% to close at N18.7

READ: STANBIC, NB, UNILEVER record gains, as investors gain N49.88 billion

Top Losers

  • BETAGLASd own 9.99% to close at N55.4
  • MAYBAKER down 9.90% to close at N2.73
  • CILEASING down9.09% to close at N4
  • VITAFOAM down 5.50% to close at N5.15
  • GUARANTY down 0.79% to close at N25

Outlook

Nigerian bourse continued its bullish trend on the second trading session of the week, as crude oil prices finally broke the $45 support level, coupled with increased buying pressure in bluechip stocks like BUACEMENT and FLOUR MILL.

Nairametrics, however, advises you to seek stock recommendations from a certified financial advisor.

Related

Tags: All Share IndexBuacementFLOURMILLNigerian bourseNigerian StocksNSENSE30TranscorpUBA

Leave a Reply Cancel reply

HFM
Mega Millions
Mega Millions
Patricia





NM newsletters

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

Recent News

  • President Buhari explains how reforms of Ministry of Finance Incorporated will grow assets to N100 trillion
  • Naira Scarcity: CBN threatens to prosecute sellers, abusers of new naira notes
  • Vank Wallet, Prop-Tech Startup Hopes to Change Nigeria’s Property Market

Follow us on social media:

Recent News

Ministry of Finance Incorporated reforms to grow assets to N100 trillion - Buhari

President Buhari explains how reforms of Ministry of Finance Incorporated will grow assets to N100 trillion

February 2, 2023
Naira scarcity: CBN, Police to prosecute sellers and abusers of Naira

Naira Scarcity: CBN threatens to prosecute sellers, abusers of new naira notes

February 2, 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