ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Sunday, May 22, 2022
Premium Times Nigeria
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
  • Home
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Nigerian Stock Exchange, NSE.

Nigerian Stock Exchange, NSE.

Nigerian stocks hit 23-day high on sector giant gains

The day’s positive show hinged on the performances of Okomu Oil, Dangote Cement and WAPCO.

byRonald Adamolekun
June 9, 2021
2 min read

Nigerian stocks lifted higher on Wednesday, with the benchmark index rising 0.74 per cent and touching its peak since May 17, thanks to a surge of interest in bellwether equities, even though the size of trade was smaller than that of previous session’s.

The day’s positive show hinged on the performances of Okomu Oil, Dangote Cement and WAPCO.

“In the coming trading session, we expect the positive performance to be extended on the back of bargain hunting activities in the market,” analysts at investment bank Afrinvest said.

All the five sectorial indices tracked by the bourse appreciated, with the industrial index coming top of the pack, following a jump of 1.33 per cent to 1,952.10 basis points.

A positive market breadth was recorded as 25 gainers emerged against six laggards. The rest 65 participating stocks saw no price movement.

Rising 289.25 basis points, the all-share index closed at 39,170.95. In the same vein, market capitalisation climbed by N150.8 billion to N20.418 trillion. It closed at 39, 306.47 on May 17.

Year to date, the index is down by 2.73 per cent.

TOP FIVE GAINERS

Cutix led gainers, growing by 10 per cent to close at N2.53. Okomu Oil gained 9.75 per cent to close at N116.50. Union Bank rose by 9.43 per cent to N5.80. Honeywell leapt to N1.26, notching up 8.62 per cent in the process. ABC Transport completed the top 5, climbing up by 8.11 per cent to N0.40.

TOP FIVE LOSERS

Sovereign Insurance topped losers, declining by 3.57 per cent to close at N0.27. Jaiz Bank shrank by 3.39 per cent to end the day at N0.57. FCMB dropped to N3.10, losing 1.59 per cent. FBN Holdings dipped to N7.20, recording 1.37 per cent loss. Mansard closed at N0.83, going down by 1.19 per cent.

TOP 5 TRADES

249.545 million shares worth N2.184 billion were traded on the NSE in 6,090 deals.

Japaul Gold was the most preferred stock on the NSE with 28.054 million units of its stocks worth N22.724 million traded in 61 deals. 21.896 million units of Access Bank shares priced at N190.431 million exchanged hands in 247 transactions. Mansard had 13.263 million shares valued at N16.399 million traded in 94 deals. UBA traded 13.228 million shares estimated at N113.099 million in 221 transactions. Transcorp traded 12.788 million shares valued at N12.134 million in 134 deals.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

CITIZEN-FM AD


Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: Why women cheat: what every Nigerian man should know







PT Mag Campaign AD

Previous Post

TRAVELOGUE: Inside the fun and thrills of a week in Congo Kinshasa, By Wale Okediran

Next Post

How T.B Joshua received ‘divine anointing’, started Synagogue ministry

Ronald Adamolekun

Ronald Adamolekun

More News

MTN, Airtel, GLO, 9Mobile.

Nigerian telcos lose 17,030 subscribers in nine months

May 21, 2022
Minister of Central and Digital Economy, Femi Adeluyi

Nigerian govt initiates tax, other support package for startups

May 21, 2022
Naira and Dollars

Naira gains but black market decline continues

May 20, 2022
Innoson Group of Companies

Why we’re launching tricycle production in Nigeria — Innoson

May 20, 2022
Basil Omiyi

Seplat Energy appoints Omiyi to replace Orjiakor as chairman

May 19, 2022
TotalEnergies

TotalEnergies launches sale of stake in Nigerian joint venture

May 19, 2022
Next Post
Prophet T.B Joshua

How T.B Joshua received 'divine anointing', started Synagogue ministry

Federal Polytechnic, Nekede

Nigerian polytechnics teachers, ASUP, suspend strike

Leave Comment

Search

AUN-PT Ad





Transport-Technology


Stanbic Ad


Access Bank Ad





Glo Ad


Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,843,612 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • #PandoraPapers
  • Gender
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Investigations
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • #EndSARS Dashboard
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • AUN-PT Data Hub
  • Opinion
  • The Membership Club
  • Dubawa
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.