Cowry Asset Mgt Channel
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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