List of Stock Brokers in Nigeria

Gains in shares of Ikeja Hotel, Conoil, Academy and others were not enough to sustain the bull run of Nigerian Exchange Limited (NGX). The stock market closed in the red on Wednesday as 33 stocks lost points against 21 which recorded gains.

Activity on the NGX floor was mixed and signaled a possible peak in the ongoing bull run amid the 2021 financials release. Investors traded 434,946,390 shares worth $6.26 trillion. in 5,878 naira trades during Wednesday’s trading hours, compared to 341,516,320 shares worth 3.692 billion naira that traded hands in 6,417 trades on Tuesday.

The NGX All-Share Index fell 0.38% to 46,930.66 index points. The market value of listed shares fell 98 billion naira from 25.387 billion naira on Tuesday to 25.289 billion naira on Wednesday.

As expected, the banking index fell 139 basis points due to lower shares of UBA, Zenith Bank, Wema Bank and Access Bank. Ecobank, Jaiz Bank, Union Bank of Nigeria and Sterling Bank posted gains.

The industrial index also lost 17 basis points as Wapco and Cutix closed in the red although Berger posted a gain. The consumer goods index remained stable. Champion, Unilever, Honey Flour and NB were the losers while Interbrew, Nascon and Flour Mill closed green.

The oil and gas index, however, appreciated 62 basis points on Conoil, Ardova and Seplat, representing gains of 9.96%, 0.39% and 0.36%, respectively.

The exchange’s year-to-date return moderated to 9.87%. See other details below.

Top Winners

Symbols Last closing Running Change %Change
IKEJAHOTEL N 1.30 #1.43 0.13 10.00%
CONOIL No. 24.10 26.50 2.40 9.96%
ACADEMY #1.03 #1.13 0.10 9.71%
RTBRISCOE N 0.24 N 0.26 0.02 8.33%
LINKASSURE N 0.46 N 0.49 0.03 6.52%

The best losers

Symbols Last closing Running Change %Change
ABC TRANS N 0.36 N 0.33 -0.03 -8.33%
Courtville N 0.58 N 0.54 -0.04 -6.90 %
CAVETON N 1.62 N 1.52 -0.10 -6.17%
MAYBAKER #4.54 #4.27 -0.27 -5.95%
FTNCOCOA N 0.38 N 0.36 -0.02 -5.26%

Top Traders

Symbols Volume Value
LOYALTYBK 47738364.00 136723980.02
TRANSCORP 35585302.00 40869082.00
Courtville 32456416.00 17749020.76
ZENITHBANK 30054928.00 799515432.65
CGT 24625744.00 680805527.85

Dolores W. Simon