Stock market extends gains, closes higher by 0.50%

The Nigerian stock market on Monday closed on a positive note as the All Share Index grew by 0.50% to close at 51,962.85 points from the previous close of 51,705.61 points.

The Market Capitalisation appreciated by 0.50% to close at N28.014 trillion from the previous close of N27.875 trillion, thereby adding N77 billion.

An aggregate of 266.5 million units of shares were traded in 5,050 deals, valued at N2.6 billion.

The Market Breadth closed positive as 18 equities emerged as gainers against 16 equities that declined in their share prices.

Percentage Gainers

Ecobank led other gainers with 9.79% growth to close at N10.65 from the previous close of N9.70

JOHNHOLT, LINKAGE ASSURANCE and Okomu Oil among other gainers also grew their share prices by 9.52%, 9.43% and 8.53% respectively.

Percentage Losers

PZ led other price decliners as it shed 10.00% of its share price to close at N11.25 from the previous close of N12.50.

Eterna Plc and RTBRISCOE among other price decliners also shed their share prices by 9.33% and 6.25% respectively.

Volume Drivers

Living Trust Mortgage Bank traded 64.7 million units of its shares in 2 deals, valued at N77.6 million.

TRANSCORP traded about 31.8 million units of its shares in 123 deals, valued at N39.66 million.

ACCESSCORP traded about 29.3 million units of its shares in 169 deals, valued at N275 million.

Source: Stock market extends gains, closes higher by 0.50% – StocksWatch (

Notice: Function WP_List_Util::pluck was called incorrectly. Values for the input array must be either objects or arrays. Please see Debugging in WordPress for more information. (This message was added in version 6.2.0.) in /home/fundidqj/ on line 6031

Related Posts


Business & Economy


Welcome to the Elite Wealth Placement Fund – a bespoke investment vehicle designed exclusively for high-net-worth individuals seeking attractive and tailored placement opportunities. Our fund is managed by a team of seasoned financial experts with a proven track record of delivering superior returns, while prioritizing risk management and long-term wealth preservation. As an exclusive member, you will […]


Business & Economy

PZ Cussons Nigeria Plc reports N113bn revenue, boosts profit after tax by 114% in one year

The Audited Financial Statement of PZ Cussons for the year ended 31 May 2023 show significant growth in the Company’s bottom line figures with 114% growth in its profit after tax for the 12 months period. The Group reported revenue of N113.964 billion for the 12 months period, up by 14.53% from N99.503 reported the previous year.[…]