Facebook Instagram Linkedin Twitter Youtube
  • HOME
  • FEATURES
    • HOW-TOs
  • VIEWPOINT
  • INTERVIEWS
  • VIDEOS
    • HOW-TOs
    • MUSTARD SEED SERIES
  • BEST DEALS
  • EVENTS
  • NEWSLINK
  • MEDIA OUTREACH
Search
Friday, December 26, 2025
Facebook Instagram Linkedin Twitter Youtube
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
BizWatchNigeria.Ng
  • HOME
  • FEATURES
    • AllHOW-TOs

      Thymagen: A Speculative Survey Of Peptide Mechanisms And Research Prospects

      How To Survive A Naija Christmas Without Losing Your Mind

      Thursday Chronicles: December Has Entered The Chat (Again)

      What The New US Travel Restrictions Mean For Nigerians: A Guide…

  • VIEWPOINT
    • Davido Donates N234m To 424 Orphanages

      Davido Net Worth 2025: Breaking Down The Music Star’s $100 Million…

      Top 10 Stocks To Buy In September 2025: CSL Stockbrokers’ Expert…

      Nigerian Men, Stop Running Away From Marriage: Be Responsible And Be…

      Dangote To Collapse Business Subsidiaries Structure

      Dangote Attacks Imported Diesel Quality, Orders Investigation

      Global Solidarity to Eradicate Poverty: Celebrating International Day of Charity 2023

      Global Solidarity To Eradicate Poverty: Celebrating International Day Of Charity 2023

  • INTERVIEWS
  • VIDEOS
    • HOW-TOs
    • MUSTARD SEED SERIES
  • BEST DEALS
  • EVENTS
  • NEWSLINK
  • MEDIA OUTREACH
Home Sectors BUSINESS & ECONOMY NSE Index Grows by 1.53% As Bull Reinforces Control
  • Sectors
  • BUSINESS & ECONOMY
  • CAPITAL MARKET
  • [ MAIN ]
  • COVER
  • NEWSLETTER

NSE Index Grows by 1.53% As Bull Reinforces Control

June 7, 2018
Facebook
Twitter
Pinterest
WhatsApp
Linkedin
Email
Telegram
    Stock Exchange Closes With N17bn Loss, With 0.08% Decline In ASI

     

    Transactions on the floor of the Nigerian Stock Exchange, NSE, on Wednesday, June 6, sustained the positive for the second consecutive trading session.

    Consequently, the NSE All Share Index, ASI, appreciated by 1.53% following the bullish sentiments across all sectors.

    Similarly, market breadth index closed positive with 41 gainers paired against 16 declining stocks. Fidelity Bank Plc emerged the top gainer of the day with a surge of 9.91%, Guinea Insurance Plc emerged the worst performing stock.

    Sectorial performance chart showed the NSE Industrial index appreciating by 4.16%, as a result of the gains recorded in the shares of cement manufacturers, Lafarge Cement Wapco Nigeria Plc and Dangote Cement Plc.

    Likewise, the NSE Consumer Goods index soared by 2.51% following the 9.09% gain in the shares of Dangote Flour Mills Plc and the 5.78% gain in Flour Mills of Nigeria. Guinness Nigeria Plc also added 5.00, Nigerian Breweries Plc added 4.94%, and Dangoe Sugar Refinery Plc gained 4.63%, helping the index close positive.

    The NSE Banking index grew by 1.15 percent largely driven by the buy interest in Fidelity Bank and Diamond Bank Plc; both increasing by 9.91% and 9.46% respectively. Also, Skye Bank Plc and Zenith Bank leaped by 4.11% and 3.51% respectively, while FCMB Plc soared by 2.97% to help the bourse close in the green.

    The NSE Oil & Gas index closed up by 0.63% following the growth in the shares of Oando Plc and Japaul Oil & Maritime Services Plc. Also, Caverton Offshore Support Group Plc and Eterna Plc both jumped by 4.95% and 4.91% each. Forte Oil Plc and Conoil Plc gained 4.23% and 2.20% respectively.

    At the end of trading, Zenith Bank Plc leaped by 3.51% to emerge the most actively traded stock with 110 million units of shares worth N3.09 billion.

    Facebook
    Twitter
    Pinterest
    WhatsApp
    Linkedin
    Email
    Telegram
      Previous articlePound Spikes to 10-day High Against Peers
      Next articleFGN Savings Bond Sixteenth Monthly Issuance to Run Till June 8
      BWN
      This is BizWatchNigeria. Nigeria's first online business Newspaper.

      RELATED ARTICLESMORE FROM AUTHOR

      Experts Advise Nigerians On Bank Transfer Narrations Amid New Tax Reforms

      More Than 130 Countries Agree To Set Global Tax Rate At 15%

      Oyedele, Sanwo-Olu Emphasise States, Lgs’ Role In Tax Reform Execution

      Global Equities Advance As Strong US Economic Data Boosts Investor Confidence

      LEAVE A REPLY Cancel reply

      Log in to leave a comment

      Special Report

      LBS Breakfast Session Report: Not All That Glitters Is Gold!!!
      INFORMAL ECONOMY REPORT 2024: Empowering Nigeria's Informal Economy through Digital Banking
      LBS Monthly Report - The State of the Nigerian Economy, April 2024
      Nigeria's Tax Landscape Undergoes Transformation in 2023: Key Highlights of Fiscal Events
      Economic Outlook 2024: NGX Emphasizes Capital Markets as Catalyst for Growth
      2024 Budget Analysis: Nigeria Braces for 18-Month Economic Recovery Journey Amid Debt Woes
      ABOUT US
      BizWatchNigeria.Ng is a sector-based online news and business intelligence portal managed by Bizwatch Nigeria Limited. We point you to the latest news, information and business intelligence on your business sector, at the click of a button, on a daily basis.
      FOLLOW US
      Facebook Instagram Linkedin Twitter Youtube
      © 2025 - BizWatchNigeria.Ng

      We are using cookies to give you the best experience on our website.

      You can find out more about which cookies we are using or switch them off in .

      MORE STORIES

      Fire Guts Great Nigeria Insurance House On Lagos Island

      December 26, 2025
      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.

      Strictly Necessary Cookies

      Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.