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Home Markets Equities

Cadbury continues impressive run as NGX appreciates by 0.54% 

David Olujinmi by David Olujinmi
January 12, 2024
in Equities, Markets, Stock Market
Cadbury

Cadbury Nigeria Plc

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Cadbury Nigeria Plc had another strong day on the NGX, surging by 9.82% and ending the week with a closing share price of N24.05. This reflects an impressive 42.3% gain for the week. 

The NGX also closed today, January 12, in the bullish zone as the All-Share Index appreciated by 0.54%, gaining 445.88 points, to close at 83,042.96 points.  

Equities gained N243 billion, as the market capitalization appreciated by 0.54% to reach N45.442 trillion, from yesterday’s N45.199 trillion.  

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In terms of trading volume, there was a 32% decline to 600.63 million units from yesterday’s 877.28 million units. And in terms of value, there was a 37% decline to N9.098 billion, from yesterday’s N14.41 billion.  

Market Indices  

Here are the market Indices for today’s trading session  

NGX All-Share Index: 83,042.96 points  

% Day Change: +0.54%  

Day’s Lowest: 82,587.83 points  

Day’s Highest: 83,084.99 points  

% YTD: +11.00%  

Market Cap: N45.44 trillion  

Volume Traded: 600.63 million units  

Value Traded: N9.10 billion 

Top Gainers  

  • SUNUASSUR: +10.00% to close at N1.43 
  • MBENEFIT: +10.00% to close at N0.77 
  • IKEJAHOTEL: +9.96% to close at N8.61 
  • UNILEVER: +9.94% to close at N18.25 
  • CADBURY: +9.82% to close at N24.05  
  • LASACO: +9.73% to close at N2.48 

Top Losers  

  • IMG: -9.15% to close at N13.40 
  • UPDC: -7.26% to close at N1.66 
  • CUTIX: -5.00% to close at N2.66 
  • OMATEK: -5.00% to close at N0.95  
  • FTNCOCOA: -4.76% to close at N2.00  
  • NEIMETH: -4.04% to close at N1.90  

 

 

Top Traded Stocks  

In terms of trading volume, TRANSCORP (+3.36%) led with 54.44 million units, ACCESSCORP (-0.53%) led with 44.98 million units, UBA (+0.65%) with 33.53 million units, UNIVINSURE (+8.82%) with 33.30 million units, and STERLINGNG (-1.53%) with 33.21 million units.  

Regarding value, ACCESSCORP (-0.53%) led with N1.27 billion, ZENITHBANK (-1.15%) with N1.17 billion, UBA (+0.65%) with N1.06 billion, TRANSCORP (+3.36%) with N752.74 million, and SEPLAT (0.00%) with N663.74 million.  

SWOOTs and FUGAZ Update  

Trading sentiment was quite positive for stocks worth over N1 trillion, as BUAFOODS (+3.41%), FBNH (+1.63%), UBA (+0.65%), and GTCO (+1.89%) recorded price gains, while BUACEMENT (-0.63%) recorded price loss.  

AIRTELAFRI, MTNN, DANGCEM, and SEPLAT recorded no price changes.  

ACCESSCORP (-0.53%) recorded a slight price decline to fall below the N1 trillion market cap level.  


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Tags: Cadbury
David Olujinmi

David Olujinmi

David Olujinmi is an ambitious and dynamic individual with a strong educational background in engineering. While engineering laid the foundation for his analytical skills, David's true passion lies in the world of finance, particularly in the intricacies of capital markets, investment banking, and asset management.

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