Sunday, February 8, 2026
Facebook Instagram Linkedin Twitter Youtube
Home Sectors BUSINESS & ECONOMY Renewed Investors’ Confidence Adds N44billion to Stock Market Gain in New Week

Renewed Investors’ Confidence Adds N44billion to Stock Market Gain in New Week

By
BWN
-
The equity market  saw a sustained positive trend on Monday, May 9 on improved investor’s confidence.
The market capitalization, which opened at N8.841 trillion, improved by N44 billion or 0.50 per cent to close at N8.885trillion while the All-Share Index (ASI) rose by 126.7 points or 0.49 per cent to close at 25,828.30, compared with 25,701.60 on Friday.
The total value of stocks traded on the floors of the bourse was N6.44bn, up by 451.97% from N1.17bn recorded last Friday. The total volume of stocks traded was 559.95mn in 3,655 deals.

The three most actively traded stocks were: ETI (244.58mn), Access Bank (161.61mn) and Transcorp (24.67mn). The most actively traded sectors were: Financial Services (510.94mn), Conglomerates (26.19mn) and Consumer Goods (10.23mn)

The appreciation recorded in the share prices of Zenith Bank, GT Bank, UACN, Nigerian Breweries and Dangote Sugar were mainly responsible for the gain recorded in the Index. Year-To-Date (YTD), it depreciated by 9.82%.

 

RELATED ARTICLESMORE FROM AUTHOR

2 COMMENTS

© 2025 - BizWatchNigeria.Ng
MORE STORIES
France tech ta

Alphabet Hits $400 Billion Revenue As Gemini 3 Closes Gap With...

BizWatchNigeria.Ng
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.