GTBank record gains, investors rake N106.7 billion


As Nigerian Bank fires up on all cylinders to record an impressive trading session.

SEPLAT, OANDO post losses, All Share Index down by 0.03%


 The Nigerian bank was fired up on all cylinders.

  • The All Share Index rallied higher by 0.79% to close at 25,987.14 points as against +0.50% appreciation recorded on Wednesday.
  • Its Year-to-Date (YTD) returns currently stands at -3.19%.
  • Investors gained N106.72 Billion. Nigerian Stock Exchange market capitalization presently stands at N13.581 trillion.
  • Nigerian bourse trading turnover was however unimpressive as trading volume drifted lower by 13.24% as against 58.05% gain recorded on Wednesday.
  •  GUARANTY Trust Bank, Sterling Bank , and Zenith Bank were the most active to boost market turnover.
  • Market breadth closed positive as NB led 25 Gainers as against 7 Losers topped by ARDOVA at the end of today’s session – an improved performance when compared with the previous outlook.

Top gainers

NB up 10.00% to close at N47.85
WAPCO up 6.82% to close at N14.1
MOBIL up 1.04% to close at N195.1
GUARANTY up 1.96% to close at N26
DANGCEM up 0.89% to close at N135.9

Top losers

ARDOVA down 9.65% to close at N10.3
UNILEVER down 5.56% to close at N13.6
REDSTAREX down 7.69% to close at N3
CAP down 0.58% to close at N17
DAARCOMM down 9.09% to close at N0.3


  • Significant buying pressure from blue-chip stocks like Nigerian Breweries, GTbank, Dangote cement, and Mobil restored market confidence across the market spectrum.
  • However, market liquidity remained a growing concern among stock traders.
  • Nairametrics envisages you seek the advice of a certified financial advisor when selecting stocks
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