Equity Investors Make N90 billion, As Stock Market Closes High

February 6, 2023
Nigerian Stock Exchange 1 660x400 1
Nigerian Stock Exchange 1 660x400 1

Nigerian stock exchange closed with N90 billion gain on Monday, 6 February 2023, as the market capitalisation increased from N29.52 trillion to N29.61 trillion.

The All-Share Index gained 154.65 basis points on Monday to rise from 54,213.09 ASI to 54,367.74 ASI.

Join our WhatsApp Channel

Investors traded N4.79 billion for 191.63 million shares in 4,359 deals on Monday, against the N2.35 billion exchanged for 268.01 million shares traded in 4,017 deals on Friday.

Top five gainers 

  • Sovereign Insurance share appreciated by 10 per cent to rise from N0.30kobo to N0.33kobo per share  
  • Linkage Assurance grew by 8.89 per cent, up from N0.45kobo to N0.49kobo per share  
  • International Energy Insurance ended trading with N1.07 from N0.99kobo per share, rising by 8.08 per cent.  
  • IMG gained N0.35kobo to end trading at N8.05, having opened with N7.70kobo per share.  
  • Courtville stock was up by 4.08 per cent, closing with N0.51kobo from N0.49kobo per share 

Top five losers 

  • McNichols depreciated by 8.96 per cent, dwindling from N0.67kobo to N0.61kobo per share.  
  • Prestige also fell by 8.70 per cent to end trading at N0.42kobo, after opening with N0.46kobo per share.  
  • FTN Cocoa followed the same path, losing 6.06 per cent after trading hours, to sell at N0.31kobo from N0.33kobo per share.  
  • Sunu Assurance reported a decline of 5.88 per cent from the previous day’s share price of N0.34kobo to end trading at N0.32kobo per share.  
  • Japaul Gold share depreciated to N0.32kobo from N0.34kobo, after losing 5.88 per cent during trading hours.   

Top five trading equities in the stock exchange 

  • GTCO reported 50.58 million shares valued at N1.27 billion were traded on its floor    
  • Zenith Bank recorded 18.01 million shares valued at N452.43 million  
  • Chams saw investors trade 16.62 million of its shares valued at N4.45 million  
  • UBA recorded 14.93 million shares exchanged on its floor, worth N125.38 million  
  • Transcorp reported 14.17 million shares, valued at N18.78 million, exchanged investors’ hands
+ posts
Previous Story

The ANGA programme and NIGCOMSAT Ltd, in conjunction with Nigerian Airspace Management Agency and Thales Alenia Space, accelerate SBAS development in aviation in Africa through flight demonstrations at Nnamdi Azikwe International Airport, Abuja-Nigeria

Next Story

SMART ENTERPRISE: Smart Africa Media rebrands to SmartCompany.Africa

Featured Stories

Latest from Business News

Rwanda Expands Fuel Imports Through Mombasa under Kenya Deal

Written by Amanze Chinonye Rwanda has begun importing bulk refined petroleum products through Kenya’s Mombasa port under a new government-to-government arrangement aimed at diversifying its fuel supply routes and strengthening energy security, with the first 40,000-tonne cargo arriving this week. Join our WhatsApp

Wealth Without Access is Stranded Wealth – Opiva Capital Chairman 

Written by Kamsiyochukwu Mbamalu The Chairman of Optiva Capital Partners, Franklin Nechi, has called on African entrepreneurs, investors and families to move beyond traditional wealth accumulation and embrace global access as a strategic tool for business growth, family security and intergenerational legacy. Nechi
I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Dangote Says Lamu Refinery will Withstand Legal Challenge

Written by Amanze Chinonye Nigerian billionaire Aliko Dangote said on Tuesday that a legal challenge over land earmarked for his proposed oil refinery in Kenya would not derail the project, describing such disputes as a normal part of doing business in Africa, Prime
Previous Story

The ANGA programme and NIGCOMSAT Ltd, in conjunction with Nigerian Airspace Management Agency and Thales Alenia Space, accelerate SBAS development in aviation in Africa through flight demonstrations at Nnamdi Azikwe International Airport, Abuja-Nigeria

Next Story

SMART ENTERPRISE: Smart Africa Media rebrands to SmartCompany.Africa

Don't Miss

GROW with SAP Brings Proven Cloud ERP Benefits to Midsize Customers

WALLDORF, Germany, 23 March 2023 -/African Media Agency(AMA)/- SAP SE (NYSE: SAP) today
Major Court Victory For Communities Fighting Air Pollution In Mpumalanga Highveld  

Major Court Victory For Communities Fighting Air Pollution In Mpumalanga Highveld  

Today environmental justice groups celebrate a landmark judgment in the