STOCK MARKET: Nigerian investors earn 32.87 billion naira in eight hours


Market capitalization jumped 0.13% on Thursday to 25.31 trillion naira, above the previous day’s 25.27 trillion naira.

This translated into a gain of N32.87 billion on total shareholder investment at the end of today’s trading.

The All-Share index gained 61 basis points on Thursday, to improve the ASI from 46,904.48 to 46,965.48.

The capital market ended on Thursday with investors trading 256.02 million shares in 4,227 transactions, worth N3.66 billion.

However, the day before, investors parted with 2.62 billion naira to trade 201.28 million shares in 4,017 trades.

Meyer leads the list of winners with 10% to go from N0.60kobo per share to N0.66kobo.

Mansard stock rose by N0.21kobo from N2.16kobo to N2.37kobo per share.

The First Bank Holdings share appreciated by N0.80kobo to go from N11.60kobo to N12.40kobo per share.

READ ALSO: Ikeja Hotel and Eterna lead Nigerian stock market rebound as shareholders win N33.08 billion

Courtville gained 5.66% to end trading at N0.56kobo against N0.53kobo per share.

Okomu Oil, gained N6.20kobo, to close at N149.70kobo against N143.50kobo per share.

The top five losers were NNFM, which lost N10 to go from N9 to N1 per share.

Neimeth stock fell N0.15kobo to end trading at N1.42kobo against N1.57kobo per share.

Berger depreciated from N7.50kobo to N6.80kobo per share after losing N0.70kobo during trading.

RT Briscoe lost 9.23% to end trading at N0.59kobo against N0.65kobo per share.

NB completed the list after losing N4.05 of its market price from N44.50kobo to N40.45kobo per share.

The top shares trading today were Fidelity Bank, which led with 77.34 million shares traded at a value of N242.26 million.

UACN followed with 16.95 million shares valued at N198.69 million.

Chams was next with 15.45 million shares worth N3.21 million.

Zenith Bank sold 15.24 million shares worth N343.36 million, while AccessCorp traded 15.22 million worth N149.85 million.

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