January 13, (THEWILL) — The market on Tuesday, 13 January opened at N104.520 trillion and closed higher at N106.182 trillion, while the All-Share Index (ASI) advanced from 163,244.69 points to 165,837.33 points, reflecting a strong bullish session.
The market recorded a total of 56 gainers and 14 losers. Market breadth was strongly positive, as the number of gainers significantly outpaced losers, reflecting broad-based buying interest across the market.
Top gainers include:
DEAPCAP advanced by 10.00 percent (N3.30 to N3.63).
ETRANZACT gained 10.00 percent (N16.50 to N18.15).
PZ rose by 10.00 percent (N53.00 to N58.30).
CAVERTON appreciated by 10.00 percent (N7.00 to N7.70).
MTNN climbed 10.00 percent (N550.00 to N605.00).
Top losers include:
UNIVINSURE declined by 6.25 percent (N1.28 to N1.20).
PRESTIGE shed 5.81 percent (N1.72 to N1.62).
REGALINS fell 5.17 percent (N1.16 to N1.10).
ACADEMY dropped 5.06 percent (N7.90 to N7.50).
ROYALEX dipped 3.98 percent (N2.01 to N1.93).
Stocks that closed unchanged include Dangote Cement, Seplat Energy, Okomu Oil Palm, Presco Plc, and Julius Berger.
Sentiment remained firmly bullish, supported by sustained buying pressure across large- and mid-cap stocks, as well as renewed interest in consumer and telecom names.
The positive breadth and momentum suggest the market may attempt to sustain its upward trend in the next trading session, though profit-taking could emerge following recent sharp gains.
Ogochukwu Onwaeze
