Stock Market Nets N584bn, GTCO Top Gainers’ List, Academy Leads Losers

July 21, 2023
Nigerian Stock Exchange 1 660x400 1
Nigerian Stock Exchange 1 660x400 1

Nigerian stock market capitalisation appreciated on Friday to N35.39 trillion. The bourse’s valuation rose by N584.08 billion from N34.81 trillion reported on Thursday.

The All-Share Index gained 1,072.67 basis points to settle at 65,003.39 ASI, above the previous day’s 63,930.72 ASI.

Join our WhatsApp Channel

About 770.79 million shares were traded in 8,915 deals, valued at N14.26 billion.

The day before, 1.35 billion shares were exchanged in 7,179 deals, worth N18.06 billion.

Top five gainers 

  • GTCO’s share appreciated by N3.50 kobo to rise from N35 to N38.50 kobo per share.   
  • Stanbic IBTC grew by N0.18 kobo, up from N57 to N62.70 kobo per share.   
  • Jaiz Bank ended trading with N1.98 kobo from N1.80 kobo per share, rising by N0.18 kobo.   
  • Sterling Financials gained N0.36 kobo to end trading at N3.96 kobo, having opened with N3.60 kobo per share.    
  • Unity Bank’s stock was up by N0.15 kobo, closing at N1.65 kobo from N1.50 kobo per share.   

Top five losers 

  • Academy depreciated by N0.24 kobo, dwindling from N2.43 kobo to N2.19 kobo per share.     
  • Abbey also declined by N0.12 kobo to end trading at N1.12 kobo, after opening at N1.24 kobo per share.     
  • Cornerstone followed the same path, losing N0.10 kobo after trading hours, to sell at N0.96 kobo from N1.06 kobo per share.     
  • NSLTECH reported a decline of 8.82 per cent from the previous day’s share price of N0.34 to end trading at N0.34 kobo per share.     
  • Guinness’ share depreciated to N73 from N80, after losing N7 during trading hours.   

Top five trading equities in the stock exchange 

  • UBA reported 111.20 million shares, valued at N1.64 billion, were traded on its floor.     
  • Access Corporation recorded 88.03 million shares valued at N1.64 billion.   
  • Zenith Bank saw investors trade 73.35 million shares valued at N2.58 billion.   
  • GTCO recorded 65.33 million shares exchanged on its floor, worth N2.48 billion.   
  • Fidelity Bank reported 57.09 million shares, valued at N445.53 million, exchanged investors’ hands.
+ posts

Featured Stories

Latest from Business News

Fuel Subsidy: World Bank Must Allow Africa’s Poor Breathe

World Bank Flags Taxes, Bribery as Constraints on Kenya Businesses

Written by Amanze Chinonye Kenya’s private sector faces higher costs and uncertainty from multiple taxes, regulatory hurdles and bribery, the World Bank said on Thursday, warning that the constraints are weighing on investment and business growth. While Kenya’s corporate income tax rate is

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
Previous Story

Football Transfer News: Man United Turn Searchlight On Amrabat, Hojlund 

Ex-NNPCL Boss Kyari Denies Being In EFCC’s Custody
Next Story

Subsidy: Kyari Should Account For Monies Spent On Refineries Over Years – Economist

Don't Miss

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 13th November 2024

What is the Dollar to Naira Exchange rate at the
Ed Sheeran Cleared Of Copyright Infringement In "Let's Get It On"

Ed Sheeran Cleared Of Copyright Infringement In ‘Let’s Get It On’ Case

Ed Sheeran has been acquitted of copyright infringement in Manhattan