• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, July 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Equities Investors Gain N139bn In Bullish Trading

by Olushola Bello
3 years ago
in Business
Equities
Share on WhatsAppShare on FacebookShare on XTelegram

Nigerian equities, yesterday opened the week strong as the market capitalisation gained N139 billion, the fifth consecutive session of gain.

 

Advertisement

Precisely, the All-Share Index inched higher by 257.24 absolute points, representing an increase of 0.50 per cent to close at 51,962.85 points. While the overall market capitalisation value gained N139 billion to close at N28.014 trillion.

 

The market gain was driven by price appreciation in large and medium capitalised stocks amongst which are; Okomu Oil, MTN Nigeria Communications (MTNN), Stanbic IBTC Holdings, Ecobank Transnational Incorporated (ETI) and FBN Holdings (FBNH).
This week, United Capital Plc expected the bargain hunting that trailed the market rebound from last week to be extended into this week as investors look forward to the first half (H1), 2022 earnings season.

Market sentiment, as measured by market breadth closed positive as 18 stocks gained, relative to 16 decliners. ETI recorded the highest price gain of 9.79 per cent to close at N10.65, per share.

RELATED

Nigeria At 64: ‘Foreign Vessels Coastal Water Domination Collapses Indigenous Shipping’

Freight Rate: Nigeria Loses N7.2trn Annually To Foreign Firms – Report

2 hours ago
CBN Grants RoutePay Licence To Provide Digital Payment Solutions

CBN Imposes $50 Charge On Non-Resident BVN

2 hours ago

John Holt followed with a gain 9.52 per cent to close at 69 kobo, while Linkage Assurance appreciated by 9.43 per cent to close at 58 kobo, per share.Okomu Oil rose by 8.53 per cent to close at N210.00, while Cornerstone Insurance appreciated by 6.45 per cent to close at 66 kobo.15, per share. On the other hand, PZ Cussons Nigeria led the losers’ chart by 10 per cent to close at N11.25, per share. Eterna followed with a decline of 9.33 per cent to close at N6.80, while R.T. Briscoe Nigeria depreciated by 6.25 per cent to close at 45 kobo, per share.

Ardova declined by 5.09 per cent to close at N13.05, while Nigerian Breweries depreciated by 3.42 per cent to close at N57.95, per share.

 

Meanwhile, the total volume of trades rose by 70.75 per cent to 266.514 million units, valued at N2.602 billion, and exchanged in 5,050 deals. Transactions in the shares of LivingTrust Mortgage Bank topped the activity chart with 64.658 million shares valued at N77.590 million.
Transnational Corporation of Nigeria (Transcorp) followed with 31.799 million shares worth N39.662 million, while Access Holdings traded 29.268 million shares valued at N275.165 million.

 

Oando traded 27.725 million shares valued at N162.414 million, while United Bank for Africa (UBA) transacted 20.609 million shares worth N152.752 million.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Nigerian equities.
SendShareTweetShare
Previous Post

Noor Takaful Policyholders Get N109m Surplus

Next Post

Banks Extend N56.5trn Credit To Economy In 5 Months

Olushola Bello

Olushola Bello

You May Like

Nigeria At 64: ‘Foreign Vessels Coastal Water Domination Collapses Indigenous Shipping’
Business

Freight Rate: Nigeria Loses N7.2trn Annually To Foreign Firms – Report

2025/07/08
CBN Grants RoutePay Licence To Provide Digital Payment Solutions
Business

CBN Imposes $50 Charge On Non-Resident BVN

2025/07/08
Why We Are Investing In Critical Infrastructure – Mbah
Business

Enugu Air Will Be For Traders, Enugu People – Mbah

2025/07/08
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Equities Market Opens Trading Week With N193bn Gain

2025/07/08
Restore Public Confidence In Judiciary, Panelists Tell Next CJN, Kekere-Ekun
Business

Shettima, CJN, Others Task Judges On Swift, Credible Judgements To Strengthen Capital Market

2025/07/08
NIMR Faces Power Outage Over ₦38m Debt
Business

TCN Adds 250MW To National Grid With New Bauchi Substation

2025/07/08
Leadership Conference advertisement

LATEST

NHF President Predicts Bright Future For Hockey In Nigeria

Transfer: Lionel Messi Set For Stunning Move To Saudi Arabia’s Al-Ahli

NNL Super 8: Desperate Coaches Blame Referees For Team Defeats

NTF Announces National Tennis Open Championships 2025

Ohanaeze Inaugurates Constitution Review Committee

Group, Firm Laud Gov Eno Over Approval Of WASH Policy

We’re Ready For Anambra Elections – Police, INEC

Why Nigeria Must Invest Heavily In Health, Education – Peter Obi

Ajumbe Wants Okigwe Zone To Produce Uzodinma’s Successor

35 Abducted Women, Children Rescued In Niger After 1 Year

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.