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Nigerian stock market maintains week-long profit

Ubah Jeremiah Ifeanyi by Ubah Jeremiah Ifeanyi
April 23, 2021
in Markets, Stock Market
Best performing stocks
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The Nigerian Stock Exchange market posted gains at the end of the trading session today, making it the fifth day of a bullish run. The All-Share Index increased by +0.43% to close at 39,301.82 from 39,131.80 index points.

  • Nigerian Stock Exchange market value currently stands at NGN 20.57Tr. Its Year-to-Date (YTD) returns currently stands at – 2.41%.
  • The market closed in profit as TRIPPLEG led 31 Gainers, and UNIONDICON topped the chart of 11 Losers with a strong bullish movement by the NSE ASI.

Top gainers

1. TRIPPLEG up +9.23% to close at N0.71

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2. SOVRENINS up +8.70% to close at N0.25

3. STANBIC up +8.70% to close at N50.00

4. ACADEMY up +8.11% to close at N0.40

5. REGALINS up +8.00% to close at N0.27

Top losers

1. UNIONDICON down -9.59% to close at N9.90

2. LINKASSURE down -4.76% to close at N0.80

3. CORNERST down -3.70% to close at N0.52

4. NASCON down -2.63% to close at N14.80

5. FTNCOCOA down -2.50% to close at N0.39

Outlook

The NSE ASI has shown a bullish dominance since the start of the week and the momentum was sustained today. The following stocks are on our watchlist: PZ, Guaranty, OANDO, STANBIC, HONYFLOUR, GUINNESS, and Flour mills.

  • Nairametrics advises cautious participation in the stock market in this era of growing uncertainties.

Follow us for Breaking News and Market Intelligence.
Tags: All Share IndexNigerian Stock Exchange Market
Ubah Jeremiah Ifeanyi

Ubah Jeremiah Ifeanyi

For further inquiries about this article, contact: Email: Ifeanyi.ubah@nairametrics.com Twitter: @ubahjc Linkedln: Jeremiah Ubah

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