Ad image

Investors gain N9bn on NGX

Agency Report
Agency Report
Nigerian Stock Exchange

The equities market opened the week on a positive note as investors gained N9 billion on Monday.

The upbeat performance was supported by gains in stocks such as Premier Paint, Universal Insurance, Daar Communications, RT Briscoe, Morison and 25 others.

Market capitalisation, which opened at N106.153 trillion, rose by N9 billion, or 0.01 per cent, to close at N106.162 trillion.

Similarly, the All-Share Index (ASI) gained 0.01 per cent, or 14.24 points, to settle at 165,384.64, up from 165,370.40 recorded on Friday.

However, market breadth ended negative, with 44 declined stocks, compared to 30 that advanced.

Omatek led the losers’ chart by 10 per cent, closing at N2.70, Union Homes Real Estate Investment trailed by 9.96 per cent, settling at N85.40 while AXA Mansard fell by 9.94 per cent, ending the session at N14.31 per share.

Deap Capital Management dropped by 9.90 per cent, finishing at N8.46 and Cileasing shed by 9.80 per cent, closing at N6.90 per share.

On the other hand, Premier Paint and Universal Insurance led the gainers’ chart by 10 per cent each, ending the session at N11 and N1.32 per share.

Daar Communications rose by 9.93 per cent, finishing at N1.55, RT Briscoe increased by 9.92 per cent, settling at N8.64 and Morison grew by 9.91 per cent, closing at N10.98 per share.

Analysis of the market activity showed an overall increase in the market deals, volume and value.

Investors traded a total of 762.8 million shares in value of N18.4 billion across 55 374 deals, compared with 687.4 million shares valued at NN14.9 billion exchanged in 41,553 deals posted previously.

Meanwhile, Tantaliser recorded the highest volume with 88.49 million shares, accounting for 11.60 per cent of the total volume traded for the day.

Zenith Bank recorded the highest value traded at N2.87 billion, accounting for 15.61 per cent of total value traded for the day.

Source: NAN

READ ALSO:

WEATHER FORECAST: NiMet predicts sunshine, cloudiness

Workplace order: When the boss is the issue 

FG raises the alarm over health risks of greenhouse gas emissions

Sanwo-Olu: Lagos is ready to partner investors for development

Alleged N868m fraud: Ex-AGoF opens his defence

All the winners at the 2026 Grammy Awards

Dangote, NNPC seal strategic gas supply agreements

IPOB’s sit-at-home order and the south east economy

Family announces burial programme for Princess Nwamaka, Abuja-based lawyer killed by kidnappers

Share This Article