• 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

Nigerian stocks on 6-day gaining streak, investors gain N154.4 billion WoW

Olumide Adesina by Olumide Adesina
September 5, 2020
in Stock Market
NSE delists Skye Bank and Skye Bank and Fortis Microfinance Bank
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian bourse closed the trading session for the week cumulatively bullish. The NSE All-Share Index appreciated by 0.35% to close the week at 25,309.37. Stock market capitalization stands at N13.203 trillion, and investors gained N154.43 billion WoW.

A total turnover of 1.072 billion shares worth N7.384 billion in 16,684 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 950.414 million shares valued at N10.123 billion that exchanged hands last week in 16,647 deals.

The Financial Services industry (measured by volume) led the activity chart with 586.761 million shares valued at N4.022 billion traded in 8,483 deals; thus contributing 54.76% and 54.47% to the total equity turnover volume and value respectively.

RelatedStories

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

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

July 13, 2025

READ: Why banking stocks remain investors’ delight

The Conglomerates Industry followed with 307.744 million shares worth N799.159 million in 1,010 deals. In the third place was the Consumer Goods industry, with a turnover of 50.170 million shares worth N968.272 million in 3,018 deals.

Trading in the top three equities, namely Transnational Corporation of Nigeria Plc, UACN Plc, and United Bank for Africa Plc (measured by volume), accounted for 396.337 million shares worth N1.373 billion in 1,845 deals, contributing 36.99% and 18.59% to the total equity turnover volume and value respectively.

29 equities appreciated in price during the week, lower than 31 equities in the previous week. 36 equities depreciated in price, higher than 27 equities in the previous week, while 98 equities remained unchanged, lower than 105 equities recorded in the previous week.

READ: NSE’s market capitalization rises to N13.2 trillion, as investors gain N46 billion

Top 10 gainers for the week

  • UNIVERSITY PRESS PLC up 31.45% to close at N1.63
  • FTN COCOA PROCESSORS PLC up 20.00% to close at N 0.24
  • CHAMPION BREW. PLC up 19.23% to close at N0.93
  • NEM INSURANCE PLC up 14.97% to close at N2.15
  • P Z CUSSONS NIGERIA PLC up 9.09% to close at N4.20
  • UNITY BANK PLC up 7.69% to close at N0.56
  • AXAMANSARD INSURANCE PLC up 7.60% to close at N1.84
  • UNILEVER NIGERIA PLC up 7.53% to close at N15.00
  • WAPIC INSURANCE PLC up 6.06% to close at N0.35
  • FCMB GROUP PLC up 5.91% to close at N2.15

Top 10 losers for the week

  • BETA GLASS PLC down 9.99%  to close at N55.40
  • ARBICO PLC down 9.52% to close at N1.14
  • C & I LEASING PLC down 9.09% to close at N4.00
  • CONSOLIDATED HALLMARK INSURANCE PLC down 8.11% to close at N0.34
  • CUTIX PLC down 7.89% to close at N1.75
  • FIDSON HEALTHCARE PLC down 7.25% to close at N3.71
  • NEIMETH INTERNATIONAL PHARMACEUTICALS PLC down 7.00% to close at N1.86
  • GUINNESS NIG PLC down 6.91% to close at N14.15
  • AFRICA PRUDENTIAL PLC down 6.67% to close at N4.20
  • TRANSNATIONAL CORPORATION OF NIGERIA PLC down 6.56% to close at N0.57

Outlook

The Nigerian stock market finished the trading week on an impressive note. That said, it should be noted that the bourse was all bullish throughout the trading week, as local investors increased their buying pressures on blue-chip stocks which include MTN, GTBank, Zenith Bank, Unilever, and not forgetting some tier 2 banks (Unity Bank and FCMB).

The recent stability in the foreign exchange market also provided the needed market confidence in boosting market liquidity relatively.

However, Nairametrics envisages cautious buying of stocks amid the gaining streak of Nigerian Stocks, as it’s expected that investors will take profits in subsequent trading days ahead.


Follow us for Breaking News and Market Intelligence.
Tags: All Share IndexfcmbFidson Healthcare Plc - NewsGTCO HoldingsGTCO Holdings - NewsMTNNEM Insurance - NewsNigerian bourseNigerian stockUACNUnileverUnited Bank for AfricaZenith Bank News
Olumide Adesina

Olumide Adesina

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

Related Posts

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
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
UBA announces strategic expansion into key markets across Africa 
Companies

UBA announces strategic expansion into key markets across Africa 

July 10, 2025
UBA Business Series targets MSMEs’ growth through building strong partnerships  
Companies

UBA Business Series targets MSMEs’ growth through building strong partnerships  

July 10, 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
NCAA, Capt. Musa Nuhu

Incoming International flights shall carry a maximum of 200 passengers - NCAA

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • South-West doctors threaten strike over unfavorable allowances, issue 21-day ultimatum to FG
  • 15 things you don’t need to start a business in Nigeria 
  • NNPC, Akwa Ibom, GACN sign $3.5 billion gas agreement

Follow us on social media:

Recent News

Doctors

South-West doctors threaten strike over unfavorable allowances, issue 21-day ultimatum to FG

July 15, 2025
Small Business

15 things you don’t need to start a business in Nigeria 

July 15, 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