Cowry Asset Mgt Channel
February 6, 2025 at 06:20 PM
*Nigerian Stock Exchange Trading Summary – February 06, 2025*
The local stock market sustained its upward momentum this week, as the All-Share Index (ASI) edged up by 0.10% to close at 105,430.15 points, bringing the year-to-date return to 2.43%. Market capitalization mirrored this growth, rising by 0.10% to N65.29 trillion, adding N65.2 billion in gains to the equities market by the session’s close. Buoyed by the market’s positive performance, market breadth remained
strong, with 33 stocks advancing while 23 declined.
*Market Performance Overview*
• Gainers: 33
• Losers: 23
*Top Gainers:*
• ETERNA: +9.88%
• CADBURY: +9.88%
• FIDSON: +9.77%
• UPDC: +9.77%
• DEAPCAP: +9.38%
*Top Losers:*
• TRIPPLEG: -9.72%
• GOLDBREW: -8.91%
• VERITASKAP: -7.81%
• CAVERTON: -5.53%
• REGALINS: -4.05%
*Leading Stocks by Volume:*
• ACCESSCORP: 61.59 million
• STERLINGNG: 50.16 million
• ZENITHBANK: 40.53 million
• FBNH: 38.77 million
• UPDC: 23.56 million
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