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 Spotlight

MTN, SEPLAT, ARDOVA, rally Nigerian stocks up

Olumide AdesinabyOlumide Adesina
2 years ago
in Spotlight, Stock Market
Nigerian banking stocks remain most liquid stocks, as investors gain N25.1 billion, DANGOTE CEMENT, OKOMUOIL and GUINNESS drag Nigerian Stock market down,  SEPLAT, GUINNESS, Breaks Nigerian Bourse Support Levels, Investors Lose N49 Billion  , Nigerian Exchange Closes Flat as Market Capitalization Sheds N2.44 billion
Share on FacebookShare on TwitterShare on Linkedin

Nigerian Stocks ended Thursday’s trading session on an impressive note.

The All Share Index gained by 1.54% to close at 40,963.14 index points as against +0.11% upsides recorded on Wednesday.

  • Its Year-to-Date (YTD) returns currently stands at +1.72%. Nigerian Stock Exchange market value now stands at N21.4 trillion
  • Nigerian bourse trading volume also surged higher, on the account volume ticked up by 72.89% as against the 59.86% plunge recorded yesterday. TRANSCORP, MBENEFIT and GUARANTY were the most active to boost market turnover.
  • The market breadth closed positive as CHAMPION led 49 Gainers as against 7 Losers topped by COURTVILLE at the end of today’s session – an improved performance when compared with the previous outlook.

Top Gainers

  1. NASCON up 9.72% to close at N17.5
  2. ARDOVA up 9.25% to close at N21.85
  3. SEPLAT up 8.76% to close N540
  4. DANGCEM up 3.04% to close at N237
  5. MTNN up 1.82% to close at N168

Top Losers

  1. NEIMETH down 6.36% to close at N2.06
  2. COURTVILLEdown 8.33% to close at N0.22
  3. JAIZBANK down 2.78% to close at N0.7
  4. NAHCO down 1.75% to close at N2.25
  5. GUINNESS down 0.26% to close at N18.85

Outlook

Nigerian Bourse recorded an impressive winning streak this week as some NSE30 stocks including, SEPLAT, ARDOVA, MTN triggered the upward run at Thursday’s trading session.

  • The Nigerian Stock market advance to close in positive territory as buying interest was seen on stocks across the board.
  • Nairametrics however, envisage cautious buying, amid improved market conditions in Nigeria’s financial market.

Related

Tags: All Share IndexArdovaFeaturedMTNNigerian StocksNSE30seplat

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

  • Julius Berger Nigeria reports 11% profit increase for period ended December 2022
  • UBA Appoints Abiola Bawuah As First Female CEO For Africa Operations
  • Nigeria’s private sector receives N6.61 trillion new loans in 2022 despite CBN hawkish stance

Follow us on social media:

Recent News

Julius Berger Nigeria reports 11% post-tax profit increase for period ended December 2022

Julius Berger Nigeria reports 11% profit increase for period ended December 2022

January 30, 2023
Abiola Bawuah has been appointed as UBA's first female CEO

UBA Appoints Abiola Bawuah As First Female CEO For Africa Operations

January 30, 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