Bull run continues as Nigeria bourse ends trading week in the green

Must Read

Free 250,000 FG/CAC Business Names Registration for MSMES

Business formalisation Support of the Micro, Small & Medium Enterprises (MSMEs) Survival Fund As part of Federal Government’s post-Covid-19 Pandemic...

How To Block Your Bank Account And SIM Card In Case Of Emergency

Losing your phone and wallet or having them stolen can be very frustrating. However, in case that happens to...

FG offers free business registration for 250,000 MSMEs

The Federal Government says it has offered free business registration for 250,000 Micro, Small and  Medium Enterprises (MSMEs) nationwide...
- Advertisement -

Transactions on the Nigerian equity market today (Friday) ended the trading week on a positive note as the All-Share-Index appreciated by 1.28%, to extend the previous positive momentum to six consecutive trading days. The upturn was supported by value appreciation on some bellwether stocks like WAPCO, DANGCEM, ACCESS, NB and 16 others. Consequently, the market breadth closed on a positive note, recording 19 gainers as against 16 losers.

Bull run continues as Nigeria bourse ends trading week in the green
NSE Trading Floor – www.brandspurng.com

In summary, the All-Share Index (ASI) increased by 332.33 absolute points, representing a growth of 1.28% to close at 26,319.47 points. Similarly, the overall Market Capitalization size gained N173.68 billion, representing an increase of 1.28% to close at N13.75 trillion.

NB emerged as the top gainer while NNFM emerged as the top loser.

The upturn was impacted by gains recorded in large and medium capitalized stocks, amongst which are ; NB (+10.00%), WAPCO (+6.74%), FLOURMILL (+6.70%), GUARANTY (+3.85%), GUINNESS  (+3.32%), ACCESS (+2.29%), DANGCEM (+2.28%), FBNH (+1.98%), ZENITHBANK (+1.17%) and STERLNBANK (+0.87%).

- Advertisement -


CAP N13,754,942,344,539.37 One Day (ASI CHG) +1.28%
Index 26,319.47 One Week (ASI CHG) +2.92%
Volume 335,749,166 One Month (ASI CHG) +3.91%
Value N4,277,468,719.91 Six Months (ASI CHG) +20.39%
Deals 4,231 52 Weeks (ASI CHG) -3.53%
Gainers 19 Losers 16
Unchanged 67 Total 102
YTD -1.95%

Source: NSEGTI Research


The NASD OTC market today (Friday) closed on a positive note as the Unlisted Securities Index (USI) closed at 732.57, representing a 1.32% appreciation against the previous day’s closing position. Similarly, Market Capitalization gained N7.02 million to close at N538.12 billion, representing a 1.32% appreciation the previous day’s closing position. However, the aggregate volume and value decreased by 99.52% and 93.32% respectively, as investors traded a total of 5,000 shares, worth N687,500 in 1 deal.


Lagos Business School Beta Gamma Sigma chapter earns Highest Honours status

- Advertisement -

The Lagos Business School chapter of the Beta Gamma Sigma society has been bestowed the Highest Honours status for the 2019-2020 academic year. The Highest Honours status is the highest distinction possible for Beta Gamma Sigma chapters.

Read Also:  Nigeria’s November Manufacturing PMI expands to 59.3 points

Nestlé to plant 3 million trees by 2023 in Malaysia

Nestlé today announced it will plant three million trees through Project RELeaf in Malaysia. Nestlé will invest CHF 4 million in the next three years. This announcement is part of Nestlé’s broader reforestation initiative. It will help accelerate the company’s global pledge to address climate change and achieve zero net greenhouse gas emissions by 2050.

Nestlé S.A. Increases Stake in Nigeria Subsidiary

- Advertisement -

Nestlé S.A, Switzerland, the parent company of Nestlé Nigeria Plc, has increased its ownership percentage of the Nigerian subsidiary to 66.30 per cent.


Waltersmith Refinery Ready for October Start

Waltersmith Petroman’s modular refinery has been completed and will begin operations on October 14, the Nigerian Content Development and Monitoring Board (NCDMB) has said.

How TikTok Changed Video Advertising Forever?

Owning a business brand isn’t all required to make it big in the business world – it’s just the first step. To achieve business growth, you’d have to invest in activities that improve the quality of your products and services and make potential buyers aware that you have what they need.

Olam Cocoa launches new business for professional chefs, bakers and pâtissiers

Olam Cocoa has today announced the launch of Olam Cocoa for Professionals, a new business which will make its premium deZaan cocoa powders available to restaurants, caterers, and patisseries for the first time.

Netflix ignores critics to release ’Cuties’ movie revealed to be promoting children sex

Netflix, an American technology and media services provider and production company headquartered in Los Gatos, California, founded in 1997 by Reed Hastings.

Total Debt Stock Hits N31.01 Trillion as Nigeria Receives USD3.36 Billion Loan from IMF

In the just concluded week, total debt figure released by the Debt Management Office (DMO) showed that Nigeria’s total public debt stock for the second quarter of 2020 increased by 8.31% to N31.01 trillion as at June 2020 (from N28.63 trillion as at March 2020).

- Advertisement -
Bull run continues as Nigeria bourse ends trading week in the green - Brand SpurBull run continues as Nigeria bourse ends trading week in the green - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Bull run continues as Nigeria bourse ends trading week in the green - Brand SpurBull run continues as Nigeria bourse ends trading week in the green - Brand Spur

Latest News

HP Unveils New Spectre x360 14 Laptop for Home Use

The beautifully crafted convertible PC builds on HP’s most sustainable PC portfolio leadership with the world’s first laptop to...

For better Ore worse – Mining takes centre stage in Africa’s COVID-19 recovery

The mining industry in Africa has broadly weathered the storm of the COVID-19 pandemic and now finds itself at the centre of economic recovery...

Data Protection is essential to building a data-driven digital economy in Africa – Dr Isa Ali Ibrahim Pantami

The Minister of Communication and Digital Economy, Dr Isa Ali Ibrahim Pantami has emphasised the need for African countries to build the data protections...

Nokia Threat Intelligence Report warns of rising cyberattacks on internet-connected devices

According to the latest Nokia Threat Intelligence Report, cyberattacks on internet-connected devices continue to rise at an alarming rate due to poor security protections...

How Facebook is Supporting Elections Across Africa

Facebook has recently announced that it would be prioritising election support across Africa. Akua Gyekye, the Facebook Public Policy Manager in charge of Africa Elections,...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Bull run continues as Nigeria bourse ends trading week in the green - Brand SpurBull run continues as Nigeria bourse ends trading week in the green - Brand Spur