Nigerian Stocks Slightly bullish As ETERNA And UPL Soar

The stock exchange market made a bullish trend at the end of today’s trading session posting gains that increased the index by +5.47 points. The All-Share Index increased by +0.01% closing at 37,952.65 from 37,947.18 index points.

• The stock exchange market value currently stands at N19.78 trillion. Its Year-to-Date (YTD) returns currently stand at -5.76%.
• The market breadth closed positive as ETERNA led 22 Gainers, and 10 Losers topped by FTNCOCOA at the end of today’s session.
• The stock market has declined -2,318.07 basepoints since the start of the year.

NGX ASI top gainers

1. ETERNA up +10.00% to close at N7.13
2. UPL up +9.93% to close at N1.55
3. CUTIX up +9.92to close at N3.99
4. REGALINS up +8.89% to close at N0.49
5. LEARNAFRCA up +8.76% to close at N1.49

NGX ASI top losers

1. FTNCOCOA down -7.32% to close at N0.38
2. SOVRENINS down -6.06% to close at N0.31
3. ETI down -3.77% to close at N5.10
4. STERLNBANK down -3.21% to close at N1.51
5. UBN down -2.68% to close at N5.45

Outlook
• Market sentiments trend towards the bulls as 22 gainers outweighed 10 losers.
• Nairametrics advises cautious buying in this era of growing uncertainties.

thepublisherngr

Recent Posts

‘Your Career Is Dead’ – Davido Tells Wizkid As Social Media War Continues

Popular Nigerian singer David Adeleke, famously known as Davido, has responded to jabs from his colleague,…

3 hours ago

BREAKING: MTN Nigeria reports N575.69 pre-tax loss in first quarter of 2024

MTN Nigeria released its Q1 2024 results, showing revenue of N752.9 billion, up 32.5% compared…

4 hours ago

‘CBN Bans Moniepoint, Opay, Kuda, Others From Taking New Customers’

The Central Bank of Nigeria (CBN) has reportedly barred some online microfinance banks from opening new accounts…

4 hours ago

‘Yahoo Boys’ll End In Destruction’ – Bishop Oyedepo Warns

Bishop David Oyedepo, the Presiding Bishop of Living Faith Church Worldwide, also known as Winners Chapel…

4 hours ago

Suswan: Tinubu’s Ministers Lack Capacity, They Have No Value

Former Governor of Benue State and Senator who represented Benue North-East Senatorial District in the…

1 day ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 29th April 2024

What is the Dollar to Naira Exchange rate at the black market also known as…

1 day ago