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NSE continues bullrun in today’s session

Onome Ohwovoriole by Onome Ohwovoriole
February 12, 2019
in Markets, Stock Market
Nigerian Stock Exchange, NSE: Return of the Bulls, Bulls reign at the bourse as stocks gain N460.69 billion on Wednesday, Okomu, UACN, Ekocorp top gainers list on Friday, Stock Market closed the week bullish as ASI grew 0.94% , Investors gain N41.94 billion on Tuesday as Bulls make rebound, NSE: Bearish trade costa investors N12.2 billion on Tuesday, NEM, Mansard, First Bank lead gaining stocks as ASI grew 0.61%, Nigerian bourse breathes a sigh of relief, index up 0.17%, Bulls charged Nigerian bourse, ASI Index up 1.09% investors gain N128.49 billion, Bulls stage comeback has ASI up 0.19%, investors gain N21.86 billion, Bulls gain momentum, as stimulus package lifts global financial markets, Bulls dominate Nigerian bourse investors gain N162 billion
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The Nigerian Stock Exchange closed up strongly in today’s trading session. The All Share Index ended at 32,462.31 basis points, up 2.14%. Year to date, the index is up 3.28%.

Top Gainers and Losers 

For the second day in a row, the top three gainers appreciated by 10%. Jaiz Bank was the best performing stock today. The stock gained N0.05 to close at N0.55, up 10%. Livestock Feeds also gained N0.05 to close at N0.55, up 10%. Dangote Flour rounds up the top three gainers for today, adding N0.75 to close at N8.25, up 10%. 

On the flip side, Regency Alliance Insurance was the worst performing stock today. The stock shed 8% to close at N0.23. UAC Properties was next, declining by 7.85% to close at N1.76. LASACO Assurance shed 6.06% to close at N0.31.  

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 Top Trades by Volume  

Diamond Bank was the most actively traded stock today. 125 million shares valued at N304 million were traded in 186 deals. Zenith Bank was next with 63.1 million shares valued at N1.5 billion were traded in 754 deals. Guaranty Trust Bank rounds up the top three most actively traded with 57.1 million shares valued at N2.2 billion traded in 413 deals.  


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Tags: Diamond BankGuaranty Trust BankOn the MoneyZenith Bank News
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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Comments 1

  1. pjaspper says:
    February 12, 2019 at 10:23 pm

    The market is in bull run just because of investors confidence in this government.

    Reply

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