Latest / Green Ticker Tales / NGX Midday Update June 9, 2026

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NGX Midday Update June 9, 2026 · Green Ticker Tales

• 0:00
  afternoon welcome to the ngx midday update let's see what we have so far uh at the moment the all share index is in the red the asi which is short form for the ocean index measures the average performance of stocks on the exchange now let's go see what some of the top gainers are top losers at the moment uh what stocks are trading what tickers are trained in terms of top gainers and losers on the gainer's side of things international energy insurance
• 0:28
  international energy insurance is up by nine point nine percent trading at eight nine seven seven copper i i think this stock has overrun i mean this was one of the best performing stocks last week and so you nasty still pushing higher um i think people who are short-term players need to probably be considering taking profit if you've not done so international energy insurance leading the gainers at the moment up nine point nine percent trading at eight nine seven seven a cowboy share infinity trust mortgage bank uh been a while we saw this stock top in the charts
• 0:58
  up by nine point six three percent trading at ten nine twenty five couple and then you have abe bank uh trading at uh level now twenty couple up by nine point two seven percent on the loser side of things okomo uh okay i i guess okomo is probably the the the stock that's dragging down at the market okomo trading at a thousand five hundred and seventy five nine share down by ten percent a cornerstone trading at uh five nine thirty couple down by eight point six two percent
• 1:27
  at sovereign trust insurance trading at uh two naira 45 copper down by seven point eight nine percent uh in terms of volume traded let's look at volume and value traded uh those are key markers because they also tell you what's happening in the market if you see larger than usual volumes in the stock you know something's up with the stock there's some volatility or some traffic in the stock and on the value side of things
• 1:51
  if you have it stop topping the charts in terms of value traded you know that very i mean volume and value kind of follow each other so if you have huge value traded it means that you have large volume traded and on the flip side of things if you have large volume traded you have large value traded so that is the essence of why the markets people track volume and value traded on the volume side of things as sterling financial position at the moment 27.9 million shares traded
• 2:18
  i have cnb a second place with 22.9 million shares traded top place universal insurance with 14.9 million shares traded on the value side of things are they leading with 9.73 a billion naira water shares traders any bank second place 1.7 billion naira water shares traded and dango this cement i will 1.4 uh four billion naira water shares traded this is the second day i believe of a large value traded
• 2:44
  uh in the dangote cement but let's see what some of the individual names are doing let's go to the premium side of things assets in the green currently trading at 24.95 copper dango this cement in the red currently traded at a thousand one fifty two now i share a first old school uh in the green currently trading at sixty four point five mtn nigerian the green at the moment up seventy copper trainer at seven ninety point seven seplat in the red currently traded at ten thousand eight fifty uba flat
• 3:11
  at forty three point five naira share wako at three twenty seven it's in the red stand by three naira zenith bank in the red and it's down by 50 copper trading at 128 naira at the moment let's see what duty code is doing you can't talk zenith and not talk to decode at the ying to the yang as i like to call those two stocks i did tickle in the green it's all by 85 copper trading at 135.85 at the moment uh what do we have aradale let's go see it's a big cap stock so
• 3:40
  aradel at a thousand seven fifty nine is down by 11 naira a share let's see what fcnb is doing are we going to have fcnb push higher uh fcnb flats at 12 naira but we had large volume trader let's see the bit of a spread fcnb bid price at 11.95 best offer price is 12 naira and let's go back uh to oh since let's go back to the top of the stocks in terms of alphabetical order
• 4:08
  burger in the red peta glass in the red one foods in the red black cement in red cap in the red cap in the red coverton in the red uh so you have beggar trading at 132.85 peta glass at 512. um bua cement at 373. what foods at 880.5 hadbury at 62.2 cap chemical allies products plc uh cap ladies and gentlemen cap is trading at 157.6
• 4:36
  and then you have covered in at six nine fifteen couple is shared champion brews in the green current price thirteen point three five uh cornhole trading at seven point three nine this is a big bounce in cornhole corner currently trading at the fifty two week out seven nine thirty nine couple two point three million shares traded so far custodian in the red three not eighty point five naira at two hundred thousand shares traded so far in custodian so let's see where it closes at uh today etr at ninety two naira iti in the red
• 5:06
  it's down by what's down by five point five four percent e-transact trading at seventeen point five unicell trading at one eighty nine a fidelity bank trade at one twenty point two fits in trading at eight hundred and ten naira and sixty copper so 15 still pushing lower uh that's good for those who want to position i'm fixing on full of other on 10.6 let's see where these stock losses are today 1.5 million are fixing shares traded so far today ftg in short at 97 copper ftg in short
• 5:35
  at 97 couple beat price 96 couple offer price 97 couple so let's see where we end the market today gtco at 136 gtco at 136 ladies and gentlemen uh gtco still in the green guinness at 375 uh guinness is down by 6.86 percent international breweries in the red down by 30 copper trading at 12 naira um land africa in the green trading at 10.9 up by 40 couple a share
• 6:05
  Let's see what Nigerian Brewers is doing. Nigerian Brewers is flat at 81 naira. NACO and NASCOM in the red. NACO trading at 170.55. And NASCOM trading at 198. NEM in the green. It's back above the 13 naira zone. Trade at moment at 31 naira, 95 kubo a share. PZ at 90.25 PZ in the red. RESTAR Express in the red as well. Trade at 27.6. Regency Alliance Insurance trading at 1 naira and 3 kubo a share.
• 6:33
  uh so that's what we're seeing so far ladies and gentlemen let's see what when my bank is doing when my bank up by 30 copper trading at 30.9 as we round up let's see the growth side of things we care at 85.45 i think i said some days ago i'm going to stop discussing miko because miko is so illiquid that most of the plan the price will drop into a day but ends up closing flat so i probably will discuss miko any day i see large volumes 100k or above or more traded there tip at 34 naira at the moment
• 7:02
  uh what is uh mcnichol's doing at 755 cobos so ladies and gentlemen i guess that's pretty much about it just before we go let's see the ngs corporate disclosure page is there anything major that we need to know or discuss ngs corporate disclosure portal works around the clock so nothing much i've seen b with his earnings forecast uh dango this cement uh with some details about it uh our plans some color about london listing it's going to be seeking during his agm
• 7:31
  um they're going to be seeking shareholder approval to let me just read the specific words as accurate as possible it's going to seek shelter approval subject to regulatory approval as well to have the company um have a secondary listing on the london stock exchange as well as if need be have an offer for sale of the company shares by by a key
• 8:00
  by the key shareholder if need be so in simple terms what they're asking for is what they want to seek shelter approval for is we're going to want to list a dangle this immense on the london stock exchange and obviously to create liquidity if need be you're going to have the majority shareholder d.i.l ultimately we're talking about liquid dangle if need be most likely will be in order to create liquidity in the stock he's going to have to sell down at some of his stake
• 8:27
  on on the on the lse or anywhere else so that's in summary is a nutshell of the market so far today ladies and gentlemen uh crossover by 130 you can get the video side of things and probably easier for you to skip rewind go forward and all that and if you don't have the time i hope you join us at 6 p.m for the daily market summary on spotify apple podcast and wherever you listen to audience do stay safe do stay well see you later