• 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 Spotlight

STANBIC, GUINNESS, OANDO trigger Nigerian stocks high

Olumide Adesina by Olumide Adesina
March 24, 2021
in Spotlight, Stock Market
Experts wary of profit-taking, but remain bullish long term on Nigerian Stocks
Share on FacebookShare on TwitterShare on Linkedin

RelatedStories

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
FTN COCOA, UNITY BANK leads as NGX top gainers for the week

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

June 15, 2025

Nigerian stocks ended the mid-week trading session on an impressive note. The All Share Index added 0.98% to close at 39,085.78 index points.

  • Year-to-date return and market capitalization settled at -2.39% and N20.44 trillion, respectively.
  • Investor sentiment as measured by the market breadth closed positive at 1.25x on 20 advancers and 16 decliners.
  • Performance across sectors improved, as the Consumer Goods, Oil & Gas, and Industrial Indexes gained +0.73%, +0.68%, and +0.65% respectively, while the Insurance and Banking sector fell by -0.56% and 0.12%.

Top gainers

  1. STANBIC up 9.99% to close at N48.45
  2. NPFMCRFBK up 9.60% to close at N1.94
  3. CORNERST up 8.93% to close at N0.61
  4. GUINNESS up 8.76% to close at N27.3
  5. OANDO up 8.68% to close at N3.38

Top losers

  1. MRS down 9.70% to close at N12.1
  2. WAPIC down 9.09% to close at N0.5
  3. WAPCO down 7.11% to close at N20.9
  4. AFRIPRUD down 5.45% to close at N5.2
  5. LIVESTOCK down 4.74% to close at N1.81

Outlook

Nigerian stocks ended Wednesday’s trading session on a bullish note. The performance of the index was largely influenced by buy interest in STANBIC, GUINNESS, and OANDO which gained 9.99%, 8.76%, and 8.68%, respectively.

  • STANBIC (+9.99%) led the gainer’s chart today, while MRS (-9.70%) closed the top loser. 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.

Follow us for Breaking News and Market Intelligence.
Tags: All Share IndexGuinnessMRS Oil Nigeria - NewsNigerian StocksOandoStanbic
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

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

June 17, 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
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

SEPLAT leads value as All-Share Index gains 0.56%, ABCTRANS and BETAGLASS shine 

June 12, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

DAARCOMM, two other companies gain 10% as All-Share Index dips, GTCO lead value 

June 11, 2025
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%
Equities

Weekly Market Wrap: All-Share Index firms above 111,000 as consumer goods sector rallies 

June 1, 2025
Next Post
Bitcoin suffers worst financial loss in minutes

U.S government set to auction Bitcoins within a few days

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

  • DMO allots N4.01 billion in FGN Savings Bonds for June 2025  
  • UNFPA: 90% of Nigerian women aged 50 and above had fewer children than desired – Report
  • NIBSS unveils National Payment Stack to revolutionize instant payment in Nigeria 

Follow us on social media:

Recent News

FGN Bonds, bond, DMO set to auction N150 billion in FGN Bonds to investors , FGN Bond for February 2020 oversubscribed by investors, DMO suspends April 2020 FGN savings bond offer

DMO allots N4.01 billion in FGN Savings Bonds for June 2025  

June 18, 2025
Global mortality of children under-5 drops to 4.9 million, progress remains slow- UN Report 

UNFPA: 90% of Nigerian women aged 50 and above had fewer children than desired – Report

June 18, 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