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 (

Your Comment:

Related Posts


Business & Economy

Capital Hotels sells 51% of its shares to 22 Hospitality Ltd

Capital Hotels Plc has notified its Shareholders and other Stakeholders that 22 Hospitality Ltd has successfully acquired 1,611,995,510 Ordinary Shares of 50 kobo each representing 51% of the equity share capital of the Company through Private Placement. All the required regulatory approvals have been received for the transaction. In addition, 22 Hospitality Limited also bought 456,641,337, and […]

Business & Economy

Union Bank partners Wacot Rice Limited to empower local farmers

In a bid to aid the financial inclusion drive of farmers in Kebbi State, Union Bank has entered into partnership with Wacot Rice Limited, a rice processing company. According to the bank the partnership is aimed to financially include 6,000 local farmers. This will include the youths and women in Kebbi State.  “The Kebbi Financial Inclusion Drive[…]