Nigerian Stock Market Investors Pocket N154.29bn, As Thomas Wyatt, Others Record Gain

January 11, 2023
stockexchange
stockexchange

On Wednesday, the market capitalisation of the Nigerian stock exchange increased by 0.55 per cent or N154.29 billion to N28.17 trillion, from N28.02 trillion.

The growth in market capitalisation followed the 283.27 basis points gained by the All Share Index on Wednesday, which lifted the ASI from 51,446.6 to 51,729.87 ASI.

Join our WhatsApp Channel

On the exchange floor, 281.94 million shares, worth N8.15 billion, were traded in 3,679 deals on Wednesday.

The value of trade fell below the N8.29 billion exchanged for 345.49 million shares on Tuesday in 4,184 deals.

Top five gainers 

Thomas Wyatt share appreciated by N0.11kobo to rise from N1.16kobo to N1.27kobo per share 

Champion Brew grew by N0.41kobo, up from N4.34kobo to N4.75kobo per share 

FTN Cocoa ended trading with N0.28kobo from N0.26kobo per share, rising by 7.69 per cent. 

Mutual Benefit gained 6.67 per cent to end trading at N0.32kobo, having opened with N0.30kobo per share. 

Courtville stock was up by 6.52 per cent, closing with N0.49kobo from N0.46kobo per share 

Top five losers 

Chellaram depreciated by N0.18kobo, dwindling from N1.82kobo to N1.64kobo per share. 

Royal Exchange also fell by 7.41 per cent to end trading at N1, after opening with N1.08 per share. 

Wapic followed the same path, losing 6.67 per cent after trading hours, to sell at N0.42kobo from N0.45kobo per share.   

Mansard reported a decline of N0.14kobo from the previous day’s share price of N2.14kobo to end trading at N2 per share.  

RT Briscoe share depreciated to N0.27kobo from N0.28kobo, after losing 3.57 per cent during trading hours. 

Top five trading equities in stock exchange 

FBN Holdings reported 108.92 million shares valued at N1.22 billion were traded on its floor   

BUA Cement recorded 42.39 million shares valued at N4.07 billion

GTCO saw investors trade 33.98 million of its shares valued at N810.04 million 

Access Corp recorded 13.47 million shares exchanged on its floor, worth N122.60 million  

Transcorp reported 13.41 million shares valued at N16.04 million exchanged investors’ hands

+ posts

Featured Stories

Latest from Business

Mike Adenuga Loses $300million As Net-worth Further Declines To $3.3bn

Mike Adenuga Experienced Mixed Fortunes In Stock Market In 2025

Mike Adenuga, the founder of Globacom, a telecommunications company, and the third richest person in Africa, experienced mixed fortunes in the Nigerian Exchange (NGX), also known as the stock market, in 2025. According to an analysis of his investment portfolios in the

Ghana Raises 20% Above Target in Treasury Bill Auction

Ghana has raised GH¢9.081bn in its first Treasury bill auction of the year, exceeding its initial borrowing target and signalling strong investor appetite for short-term government debt. The auction, held on 8 January, received bids totalling GH¢9.1bn for 91-day, 182-day and 364-day

Ghanaian President to Pay Tax Like Other African Leaders

Ghana’s president is set to become liable for personal income tax on his salary and allowances for the first time, under proposals that would align the country with a small number of African states where presidential pay is taxed. The recommendation comes
How Lassa Fever Killed Nigerian Medical Doctor
Previous Story

How Lassa Fever Killed Nigerian Medical Doctor

stakeholders in the Niger Delta region are relieved that a new Board of Directors for the Niger Delta Development Commission (NDDC)
Next Story

Agenda For New NDDC Board

Don't Miss

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Nigerian Equity Market Closes In The Green As All-Share Index Gains 0.13%

The Nigerian equity market closed on a positive note on

U-20 AFCON: Flying Eagles Draw With Kenya, Zoom into Quarter-finals

Flying Eagles of Nigeria were held to a 2-2 draw