MRS Leads Gainers’ List, Sunu Tops Losers, As Stock Investors Gain N271.49 billion

Nigerian bourse closed above the N29.13 trillion market capitalisation reported on Wednesday, 1, February 2023, as it gained N271.49 billion during trading on Thursday, 2, February, 2023, to rise to N29.41 trillion.

Also, the All-Share Index appreciated by 498.44 basis points from 53,499.68 ASI recorded on Wednesday to 53,998.12 ASI. 

Investors traded N8.06 billion on Thursday for 2.86 billion shares in 3,940 deals. 

This contrasted the 200.36 million shares, worth N5.52 billion, traded on Wednesday in 3,716 deals. 

Top five gainers

• MRS share appreciated by N1.60kobo to rise from N16 to N17.60kobo per share 
• NNFM grew by N0.80kobo, up from N8.10kobo to N8.90kobo per share 
• International Energy Insurance ended trading with N0.90kobo from N0.82kobo per share, rising by 9.76 per cent. 
• Seplat gained N115 to end trading at N1325, having opened with N1210 per share. 
• Cornerstone stock was up by 9.09 per cent, closing with N0.55kobo from N0.60kobo per share 

Top five losers

• Sunu Assurance depreciated by 8.11 per cent, dwindling from N0.37kobo to N0.34kobo per share. 
• Mutual Benefit also fell by 7.69 per cent to end trading at N0.36kobo, after opening with N0.39kobo per share. 
• Linkage Assurance followed the same path, losing 6.25 per cent after trading hours, to sell at N0.45kobo from N0.48kobo per share. 
• Veritas Kapital reported a decline of 4.76 per cent from the previous day’s share price of N0.21kobo to end trading at N0.20kobo per share. 
• PZ share depreciated to N10.25kobo from N10.75kobo, after losing N0.50kobo during trading hours.  

Top five trading equities in the stock exchange

• Universal Insurance reported 2.71 billion shares valued at N543.20 million were traded on its floor   
• AIICO recorded 12.99 million shares valued at N9.16 million 
• GTCO saw investors trade 13.93 million of its shares valued at N349.86 million 
• Sterling Bank recorded 10.24 million shares exchanged on its floor, worth N17.02 million 
• Fidelity Bank reported 9.88 million shares valued at N57.48 million exchanged investors’ hands

Fakoyejo Olalekan

+ posts

• Over N535.37bn Gained By Shareholders In Dangote Sugar, Tantalizer, Others
• Negative Signal: Board Director, Sola David-Borha, Sells Off All Shares In Stanbic IBTC
• NLC To Embark On Warning Strike On Tuesday
• CBN-backed Official Window Record Increase In Dollar Rate, USD Falls In Black Market