Chams Top Gainers, Japaul Gold Leads Losers, As Nigerian Stock Market Rebounds

September 28, 2022
stockexchange 1
stockexchange 1

The market capitalisation grew to N26.53 trillion on Wednesday, rising by 0.05%, from the N26.51 trillion the Nigerian stock market capitalisation ended Tuesday with.

The All-Share Index rose to 49,171.7 ASI after appreciating by 10.25 basis points from the 49,161.45 ASI it ended trading the previous day. 

Join our WhatsApp Channel

About 101.56 million shares exchanged investors’ hands in 3,981 deals, worth N1.19 billion, in contrast to the 206.20 million shares, valued at N2.36 billion, that was traded in 3,777 deals on Tuesday. 

Top five gainers

  • Chams share appreciated by 8 percent to rise from N0.25kobo to N0.27kobo per share.
  • Ardova stock grew N0.95kobo, up from N12.80kobo to N13.75kobo per share.
  • Sovereign Insurance ended trading with N0.29kobo from N0.28kobo per share, rising by 3.57 percent.
  • BUA Cement gained 1.55 percent to end trading at N52, having opened with N50.45kobo.
  • Jaiz Bank’s stock was up by 2.70 percent, closing with N0.76kobo from N0.74kobo per share.

Top five losers

  • Japaul Gold depreciated by 10 percent, dwindling from N0.30kobo to N0.27kobo per share.
  • Royal Exchange also fell by N0.10kobo to end trading at N0.92kobo, after opening with N1.02 per share.
  • Consolidated Hallmark Insurance followed the same path, losing 8.62 percent after trading hours, to sell at N0.53kobo from N0.58kobo per share.
  • RT Briscoe reported a decline of 8.57 percent from previous day’s share price of N0.35kobo to end trading at N0.32kobo per share.
  • Fidson share depreciated to N9.20kobo from N9.95kobo, after losing N0.75kobo during trading hours. 

Top five trading equities in stock exchange

  • GTCO reported 14.33 million shares valued at N259.04 million were traded on its floor.
  • Zenith Bank recorded 11.55 million shares valued at N228.90 million.
  • FBN Holdings saw investors trade 6.27 million of its shares valued at N61.23 million.
  • Transcorp recorded 6.19 million shares exchanged on its floor, worth N6.26 million.
  • Chams reported 5.70 million shares valued at N1.48 million exchanged investors’ hands.
+ posts

Featured Stories

Latest from Business

Nigeria’s football authorities have threatened legal action against telecoms company Airtel Nigeria, accusing it of unauthorised marketing linked to the Super Eagles’ Africa Cup of Nations campaign. The Nigeria Football Federation (NFF) says Airtel engaged in what it described as “ambush marketing”

Dangote Refinery Dismisses Shutdown Claims

Dangote Petroleum Refinery has denied reports that it is shutting down for maintenance, insisting that production is continuing and that supplies of petrol remain stable. In a statement, the company described the reports as “false and misleading”, saying operations at the refinery
Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

Tantalizer Among Gainers As NGX Market Cap Surges By N598bn

Academy topped the gainers’ chart on the Nigerian Exchange (NGX) on Wednesday, January 14, and May & Baker led the losers’ table as the bourse’s market capitalisation increased by N598.40 billion. According to data provided by the NGX, also known as the

Naira Records Mixed Fortunes In Official, Black Markets

The value of the naira appreciated marginally by 0.05 percent following a N0.75 kobo decrease in the foreign exchange (FX) rate of the United States dollar (USD) in the Nigerian foreign exchange market (NFEM), on Wednesday, January 14. In an NFEM data
Nigeria Needs A New Lease Of Life - By Peter Obi and Datti Baba-Ahmed
Previous Story

Obi-Datti Rally: LP Supporters Can Pass Through But Not Converge At Lekki Tollgate, Says Court

Ahmed Musa Undergoes Successful Arm Surgery
Next Story

Ahmed Musa Undergoes Successful Arm Surgery

Don't Miss

Sahara Group’s Aharami Energy Opens Application For Upstream Graduate Engineer Programme

Sahara Group’s upstream subsidiary, Asharami Energy, has opened applications for
10 Healthy Ways To Handle Excessive Stress

10 Healthy Ways To Handle Excessive Stress

Stress according to World Health Organisation (WHO), is any type