Stock market sustains uptrend, advances by 0.18%

The Nigerian stock market on Thursday closed on a bullish note as the All Share Index appreciated by 0.18%, closing at 48,223.86 points from the previous close of 48,138.71 points.

Investors gained N46 billion as the Market Capitalisation grew by 0.18% to close at N25.998 trillion from the previous close of N25.952 trillion.

An aggregate of 244.69 million units of shares were traded in 4,859 deals, valued at N3.15 billion.

The Market Breadth closed positive as 29 equities emerged as gainers against 9 equities that declined in their share prices.

Percentage Gainers

Berger Paints and Eterna Plc led other gainers with 10% growth, closing at N7.70 and N6.05 respectively.

Oando and Meyer Plc among other gainers also grew their share prices by 9.90% and 9.84% respectively.

Percentage Losers

SCOA led other price decliners as it shed 9.77% of its share price to close at N1.94 from the previous close of N2.15.

ABC Transport and Neimeth among other price decliners also shed their share prices by 6.45% and 3.55% respectively.

Volume Drivers

Custodian Investment traded about 38.7 million units of its shares in 8 deals, valued at about N255.45 million.

Oando traded about 19.49 million units of its shares in 266 deals, valued at about N101.33 million.

Fidelity Bank traded about 17.29 million units of its shares in 226 deals, valued at N66.86 million.

Source: Stock market sustains uptrend, advances by 0.18% – 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.[…]