Stock Market
Nigerian Stock Exchange Rebounded After Two Days of Decline
The Nigerian Stock Exchange (NSE) rebounded on Wednesday after declining for two consecutive days.
The All-Share Index gained 1.68 percent or 575.18 index points to settle at 34,818.01 index point, up from 34,242.83 it closed on Tuesday.
While the market value of listed stocks gained ₦300 billion from ₦17.893 trillion on Tuesday to ₦18.193 trillion on Wednesday.
Transcorp led the most traded stocks with 160,581,039 shares valued at ₦172,162,722.21. GTBank trailed Transcorp with 70,682,345 shares worth ₦2,620,041,612.70.
Zenith Bank, Access Bank and First Bank Holding of Nigeria followed with 57,303,612 shares, 55,177,145 shares and 37,622,296 shares estimated at ₦1,539,255,449.45, ₦491,877,136.50 and ₦295,921,833.05.
Dangote Cement led the highest gainers with ₦7.9 or 4.22 percent to close at ₦195 per share, while the Nigerian Breweries came second with ₦4 or 7.41 percent to settle at ₦58 per share. See the details below.
Top Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| DANGCEM | N187.1 | N195 | 7.9 | 4.22% |
| NB | N54 | N58 | 4 | 7.41% |
| WAPCO | N22 | N24.1 | 2.1 | 9.55% |
| DANGSUGAR | N21 | N22.25 | 1.25 | 5.95% |
| ZENITHBANK | N25.9 | N26.7 | 0.8 | 3.09% |
Top Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| STANBIC | N46 | N44.85 | -1.15 | -2.50% |
| ARDOVA | N16 | N15 | -1 | -6.25% |
| UNITYBNK | N0.86 | N0.8 | -0.06 | -6.98% |
| CORNERST | N0.58 | N0.53 | -0.05 | -8.62% |
| TRANSCORP | N1.1 | N1.05 | -0.05 | -4.55% |
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