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Nairametrics
Home Markets Equities Stock Market

Nigerian stocks close the day bullish as CWG and REGALINS drop

Ubah Jeremiah Ifeanyi by Ubah Jeremiah Ifeanyi
June 4, 2021
in 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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Nigeria’s stock exchange market closed bullish at the end of today’s trading session, posting a profit. The All-Share Index increased by 0.46% to close at 38,726.10 index points.

The Nigerian Stock Exchange market value currently stands at N20.1 Trillion. Its Year-to-Date (YTD) returns currently stand at -3.84%.

The market breadth closed positive as MORISON led 22 Gainers, as against 12 Losers topped by CWG at the end of today’s trading session.

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Top gainers

1. MORISON up 9.71% to close at N1.13

2. UPL up 9.09% to close at N1.68

3. VERITASKAP up 9.09% to close at N0.24

4. NPFMCRFBK up 6.59% to close at N1.78

5. HONYFLOUR up 6.03% to close at N1.23

Bottom losers

1. CWG down 9.47% to close at N1.53

2. REGALINS down 9.09% to close at N0.50

3. ROYALEX down 7.69% to close at N0.72

4. LASACO down 6.71% to close at N1.39

5. AFRIPRUD down 4.84% to close at N5.90

Outlook

Market sentiments trend bullish as 22 Gainers outweighed 12 Losers IN NGX ASI.

Nairametrics advises cautious buying in this era of growing uncertainties.


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Tags: CWGNigerian Stock ExchangeREGALINS
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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