List of top performers as Nigerian stocks extend gains, investors make N224bn

• The Nigerian banal marketplace has recorded 3 consecutive days of gains arsenic June kicks disconnected strongly
• Buying involvement successful stocks specified arsenic Oando, UH Real Estate Investment Trust, Legend Internet, and Lasaco pushed the marketplace higher
• In 13,682 deals, investors exchanged 611,527,369 shares valued astatine N16.68 cardinal aft hours of trading

Legit.ng writer Dave Ibemere has implicit a decennary of acquisition successful business journalism, with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

Nigeria’s equities marketplace recorded its 3rd consecutive time of gains connected Wednesday, arsenic investors posted a nett of N224 billion.

Data from the Nigerian Exchange Limited (NGX) showed the All-Share Index (ASI) roseate connected Wednesday, June 4, by 0.32% from the preceding day’s 112,427.48 points to 112,781.73 points.

Stock marketplace worth increases again Photo credit: Nurphoto
Source: Getty Images

While marketplace capitalisation accrued further from N70.894 trillion to N71.118 trillion.

How did the marketplace perform?

Shares of Fidelity Bank, GTCO, Royal Exchange, UBA, and Access Holdings were actively traded connected Wednesday.

A full of 13,682 deals were recorded, with investors exchanging 611,527,369 shares valued astatine N16.68 billion.

Snapshot of the marketplace activities

Here is simply a snapshot of the latest market activities:

Top gainers

• CANDO gained N4.70, rising from N47.00 to N51.70 per share.
• UHOMREIT gained N4.55, moving from N45.70 to N50.25 per share.
• Royal Exchange gained N0.07, expanding from N0.81 to N0.88 per share.
• Legend Intercontinental gained N0.40, rising from N5.50 to N5.90 per share.
• LASACO Assurance gained N0.20, moving from N3.00 to N3.20 per share.

Nigerian banal marketplace records 3-day consecutive gains Photo credit: Nurphoto
Source: Getty Images

Top losers:

• NCR Nigeria fell by N0.65, declining from N6.57 to N5.92 per share.
• ABC Transport dropped N0.29, decreasing from N2.95 to N2.66 per share.
• Meyer mislaid N0.90, falling from N9.35 to N8.45 per share.
• Academy Press declined by N0.48, moving from N5.01 to N4.53 per share.
• Livestock Feeds dropped N0.65, decreasing from N9.60 to N8.95 per share.

Top progressive trades:

• Fidelity Bank recorded a turnover of 93.47 cardinal shares valued astatine N1.78 billion.
• GTCO traded 87.20 cardinal shares worthy N5.95 billion.
• Royal Exchange exchanged 73.08 cardinal shares valued astatine N64.93 million.
• United Bank for Africa recorded 57.11 cardinal shares worthy N1.98 billion.
• Access Holdings traded 38.76 cardinal shares, amounting to N854.59 million.

Tony Elumelu acquires implicit 1.2 cardinal shares successful 2 days

Earlier, Legit.ng reported that Tony Elumelu, the president of United Bank for Africa, has been gradually increasing his involvement successful the UBA group.

The billionaire has spent heavy to acquisition implicit 1 cardinal UBA shares successful May, consolidating his presumption arsenic a large shareholder

The details of the transaction were contained successful a regulatory filing to the Nigerian Exchange Group (NGX) connected Monday, 2 June 2025, and signed by the Group Secretary, Bili Odum.

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Source: Legit.ng