Close Menu
OsunDailyNG
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
OsunDailyNGOsunDailyNG
Subscribe
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
OsunDailyNG
Home ยป NGX continues bullish trend as ASI records 3.57% gain
LATEST

NGX continues bullish trend as ASI records 3.57% gain

OsunDailyBy OsunDailyJanuary 9, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
NGX closes week on bearish note as ASI declines by 0.27% on Friday
Share
Facebook Twitter LinkedIn Pinterest Email
Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162

The Nigerian Exchange Limited has achieved its highest single-day gain since June 13, 2023, as the All-Share Index appreciated by 3.57 per cent, gaining 2,867.31 points to 83,191.84 points.

The milestone comes one day after Mondayโ€™s All-Share Index crossed the 80,000 mark.

Equities gained about N1.567 trillion as the market capitalization appreciated by 3.57 per cent to N45.524 trillion from yesterdayโ€™s N43.957 trillion.

Some of the biggest gainers in the market included FBN Holdings (First Bank), which gained about 10 per cent to rebound into the SWOOT category. Consumer goods companies Unilever and Cadbury also gained about 10 per cent each.

In terms of trading volume, there was an 18.5 per cent appreciation to 1.41 billion units compared to yesterdayโ€™s 1.19 billion units. Also, there was a whopping 61.7 per cent appreciation to N24.68 billion in trading value from yesterdayโ€™s N15.26 billion.

A further analysis showed that top Gainers are FBNH, +10.00 per cent to close at N28.60 per cent, CADBURY, +10.00 per cent to close at N18.15, UNILEVER, +10.00 per cent to close at N18.15, FTNCOCOA: +10.00 per cent to close at N2.20, MBENEFIT, +10.00 per cent to close at N0.77 and GUINEAINS: +10.00 per cent to close at N0.44.

Conversely, the top Losers are TOTAL, -10.00 per cent to close at N346.50; DAARCOMM, -9.40 per cent to close at N1.06; RTBRISCOE, -8.45 per cent to close at N0.65; SUNUASSUR, -7.69 per cent to close at N1.20, PRESTIGE: -7.41 per cent to close at N0.50, THOMASWY: -6.37 per cent to close at N2.50.

Regarding top traded stocks in terms of volume, FIDELITYBK (+4.49 per cent) led with about 141.75 million units, followed by FCMB (+9.86 per cent) with 128.97 million units, UBA (+9.03 per cent) with 117.71 million units, TRANSCORP (+2.81 per cent) with 108.34 million units, and ACCESSCORP (+8.39 per cent) with 85.08 million units.

Concerning value, UBA (+9.03%) topped with N3.78 billion, followed by ACCESSCORP (+8.39%) with N2.53 billion, GTCO (+9.55%) with N2.14 billion, ZENITHBANK (+9.99%) with N2.12 billion, and FIDELITYBK (+4.49%) with N1.97 billion.

There was an extremely positive trading sentiment for stocks worth over N1 trillion as almost all of the members of the SWOOT category recorded impressive gains.

GTCO (+9.55 per cent), ZENITH BANK (+9.99 per cent), UBA (+9.03 per cent), BUAFOODS (+5.59 per cent), MTN (+3.51 per cent), and DANGCEM (+3.72 per cent) all recorded gains, while BUACEMENT, AIRTELAFRI, and SEPLAT recorded no price changes.

Similarly, FBNH gained 10 per cent, surpassing the N1 trillion market capitalization level.

Tier-1 banks drove the marketโ€™s positive performance, as they all recorded impressive gains: FBNH (+10.00 per cent), UBA (+9.03 per cent), GTCO (+9.55 per cent), ACCESSCORP (+8.39 per cent), and ZENITHBANK (+9.99 per cent).


Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162
ASI bullish Continues gain NGX Records Trend
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
OsunDaily
  • Website

Related Posts

Anti-Matawalle protests sponsored by Zamfara Govt – APC group

May 10, 2025

Gunmen kill three security personnel during attack on anti-banditry office in Jigawa

March 6, 2025

Troops rescue abducted lecturer in Plateau

March 4, 2025

Comments are closed.

Facebook X (Twitter) Instagram WhatsApp Telegram Threads
  • Home
  • Privacy Policy
  • Advertise with US
  • Contact Us
  • About Us
© 2025 OsunDailyNG Media Hub. Designed by OsunDailyNG Media Hub.

Type above and press Enter to search. Press Esc to cancel.

Join Osun DailyNG Media Hub

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.