Business

Stock Market Roundup: Top Five Gainers, Losers’ List After 5 Days Of Trading

This week’s trading data obtained from the Nigerian Exchange Limited (NGX), disclosed 822.404 million shares worth N10.366 billion, exchanged investors hands in 20,643 deals.

It was in contrast to the 1.348 billion shares traded last week, in 22,155 deals, worth N24.487 billion.

Top three sectors

The Financial Services Industry, by measure of volume, led trading this week with 491.270 million shares, valued at N 4.499 billion, exchanged in 9,961 deals.

Conglomerates Industry reported investors traded 81.698 million shares, worth N218.285 million, in 605 deals.

Consumer Goods Industry reported 55.052 million shares exchanged investors hands on its floor, in 3,093 deals, worth N855.318 million.

Top three equities

Guaranty Trust Holding Company (GTCO), United Bank for Africa (UBA) and Transnational Corporation (Transcorp) accounted for 29.67% and 25.86% of the total equity turnover volume and value respectively.

The three companies recorded over 244.025 million shares, worth N2.680 billion, traded in 3,732 deals.

Top five gainers

  • Academy Press gained N1.90kobo, after its stock price appreciated from N1.27kobo to N1.89kobo per share.
  • UPDC reported an uptick of N0.19kobo, as its share rose from N1.03 to N1.24kobo per share.
  • Learn Africa share went up by N0.13kobo, rising to N2.50kobo from N2.25kobo per share.
  • Caverton saw its share price gain 9.91 percent, increasing to N1.22kobo from N1.11kobo per share.
  • John Holt recorded an appreciation of 9.76 percent, after the share went from N0.82kobo to N0.90kobo per share.

Top five losers

  • RT Briscoe share depreciated by N0.94kobo, dwindling from N0.44kobo to N0.34kobo per share.
  • International Breweries share dropped in value by N2.30kobo, to settle at N5.40kobo from N6.30kobo per share.
  • MRS followed the same path, losing N0.30kobo after trading hours, to sell at N14.45kobo from N16.25kobo per share.
  • Conoil reported a decline of 9.90 percent in its share, depreciating from N28.80kobo to N25.95kobo per share.
  • Union Bank share lost N2.35kobo from previous day’s N6.15kobo, dropping to N5.55kobo per share.
Fakoyejo Olalekan

Recent Posts

Economist Warns About Implications Of Minimum Wage Increase On Inflation

As organised labour continues to push for an increase in minimum wage for Nigerian workers,… Read More

6 hours ago

Mixed Reactions Trail Organised Labour’s ₦615,000 Living Wage Proposal

Mixed reactions have trailed the proposal of ₦615,000 made by organised labour as minimum wage… Read More

8 hours ago

Shareholder Associations Support Nigerian Breweries’ Rights Issue, Ask Nigerians To Take Advantage

Shareholders associations in Nigeria have expressed support for plans by Nigerian Breweries Plc to raise… Read More

10 hours ago

BGI Genomics’ First African Public Health Initiative: Supporting Cervical Cancer Screening for 20,000 Rwandans

NGOMA, Rwanda, 2nd May 2024-/African Media Agency (AMA)/-On April 30, BGI Genomics and the Rwanda… Read More

10 hours ago

Why Increasing Minimum Wage To At Least N100,000 Is Important – Analysts

As talks about reviewing the minimum wage for Nigerian workers continue, economic analysts have underscored… Read More

10 hours ago

Ford Foundation Partners Foster Collaborative Solutions For Host Community Development Trusts Implementation In Nigeria

Ford Foundation civil society partners, with support from the Ford Foundation, have convened a pivotal… Read More

10 hours ago

This website uses cookies.