
Zenith Bank
NewsOnline Nigeria reports that the Nigerian Exchange (NGX) continued its bullish run as the All-Share Index (ASI) soared by 1,017.5 points to close at 145,813.9, marking a 0.70% daily gain and pushing the year-to-date performance to 41.67%.
The rally was fueled by heightened investor activity, with trading volume surging to 1.7 billion shares, up from 1.03 billion shares on the previous day. Total market capitalization also breached a new milestone, crossing the N92 trillion mark to settle at N92.2 trillion, recorded across 35,137 deals.
ZENITHBANK topped the trading value chart with N4.5 billion in transactions, highlighting strong institutional interest. It was followed by:
CONHALLPLC – N2.6 billion
MTNN – N1.7 billion
UBA – N1.6 billion
ACCESSCORP – N1.5 billion
On the volume chart, CONHALLPLC led with 1 billion shares traded, followed by LINKASSURE with 562.3 million shares, while STERLINGNG, AIICO, and ZENITHBANK completed the top five.
SCOA: +10.00% to N5.50
HMCALL: +10.00% to N4.84
NEM: +10.00% to N29.70
LEARNAFRCA: +10.00% to N6.27
JAIZBANK: +10.00% to N4.73
UACN: -10.00% to N90.00
NGXGROUP: -10.00% to N63.00
UHOMREIT: -10.00% to N57.60
LIVINGTRUST: -9.93% to N5.35
MULTIVERSE: -9.68% to N9.80
In the Stocks Worth Over One Trillion Naira (SWOOT) segment:
TRANSCORP HOTELS jumped +9.95%
BUA CEMENT rallied +7.33%
INTERNATIONAL BREWERIES declined -2.17%
Nigerian Breweries (NB) dipped -0.53%
Among the FUGAZ banks:
FIRSTHOLDCO: +1.25%
GTCO: +0.40%
ACCESSCORP: -0.55%
ZENITHBANK: -1.98%
UBA: -1.64%
With the All-Share Index holding firmly above the 145,000 threshold, analysts believe sustained positive sentiment and investor momentum could drive the market towards the 150,000 level in the near term.
Current ASI: 145,813.9
Previous ASI: 144,796.4
Day Change: +0.70%
YTD Performance: +41.67%
Volume Traded: 1.7 billion shares
Market Capitalization: N92.2 trillion
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