Categories: Business

Bullish run continues as stock market investors gain N88bn

The Nigerian stock market closed on a  positive note on Tuesday, April 21, 2026, as key indicators recorded marginal gains due to renewed buying interest in stocks.

Market capitalisation rose by N88 billion, or 0.06 per cent, to N140.523 trillion from N140.435 trillion recorded on Monday.

The All-Share Index also advanced by 135.97 points, or 0.06 per cent, to close at 218,249.81, compared with 218,113.84 recorded on Monday.

The uptick was largely driven by increased demand for stocks such as National Salt Company, Union Dicon Salt, WAPCO, Trans-Nationwide Express, and UAC of Nigeria, among others.

The market’s Year-to-Date (YTD) return improved to 40.25 per cent, while the market breadth was negative, with 44 decliners against 25 gainers.

On the losers’ chart, Legend Internet led with a 9.92 per cent decline to close at N5.63, Abbey Mortgage Bank fell by 9.59 per cent to N6.60, while Stanbic IBTC dropped by 8.96 per cent to N154.50.

Access Corporation shed 8.83 per cent to close at N29.95, and Veritas Kapital declined by 7.50 per cent to N1.85 per share.

UK sends delegation to Nigeria, eyes record £8.1bn trade ties

Conversely, National Salt Company topped the gainers’ chart with a 10 per cent increase to N171.60, Union Dicon Salt rose by 9.92 per cent to N19.95, while WAPCO gained 9.64 per cent to close at N273 per share.

Trans-Nationwide Express appreciated by 8.27 per cent to N7.20, and UAC of Nigeria advanced by 7.84 per cent to N110 per share.

Market activity weakened at the close of trading, with total volume declining by 14.38 per cent to 842.48 million shares valued at N44.86 billion, traded in 61,617 deals.

Access Corporation recorded the highest volume, with 110.81 million shares, accounting for 13.15 per cent of total turnover.

MTN Nigeria led the value chart with transactions worth N6.55 billion, representing 14.60 per cent of the total value traded.

Segun Ojo

Recent Posts

Police arrest officer over alleged N10,000 extortion in Lagos

The Nigeria Police Force (NPF) has confirmed the arrest and detention of a police officer…

1 hour ago

Kano Assembly to screen dep gov nominee Monday

The Kano State House of Assembly has scheduled the screening of Hon. Murtala Sule Garo…

2 hours ago

Iran seizes vessels in Hormuz after Trump extends ceasefire

Iran on Wednesday seized two ships in the Strait of Hormuz, after United States President…

2 hours ago

Supreme Court reserves judgement in ADC leadership crisis

The Supreme Court on Wednesday reserved judgement in an appeal filed by the National Chairman…

3 hours ago

Supreme Court reserves judgement in PDP leadership dispute

The Supreme Court has reserved judgement in the appeal filed by the Peoples Democratic Party…

3 hours ago

Coup plot suspect arrives court ahead of arraignment

One of the seven defendants in the alleged coup plot case arrived at the Federal…

3 hours ago

This website uses cookies.