• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 30, 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 Rejoice, Reap N467bn Gain

by Olushola Bello
1 year ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

Snapping the bearish run, the domestic equities yesterday bounced back from losses earlier in the week with a gain of N467 billion on renewed investor interest in Airtel Africa Plc and 14 others.

Advertisement

The All-Share Index (ASI) gained 813.29 points, representing a gain of 0.84 per cent to close at 98,156.71 points. Also, market capitalisation rose by N467 billion to close at N55.525 trillion.

The positive performance was driven by price appreciation in large and medium capitalised stocks amongst which are; Airtel Africa, Nigerian Breweries, Sterling Financial Holdings Company, International Energy Insurance and Fidelity Bank.

However, market breadth closed negative as 15 stocks gained relative to 24 losers. Guinea Insurance and Royal Exchange emerged the highest price gainer of 10 per cent each to close at 33 kobo and 55 kobo respectively, while Airtel Africa followed with a gain of 8.97 per cent to close at N2,150.00, per share.

International Energy Insurance increased by 7.84 per cent to close at N1.65, while Prestige Assurance appreciated by 5.88 per cent to close at 54 kobo, per share.

RELATED

GTCO Declares Pre-tax Profits Of N300.4bn In Q1

GTCO Crosses N500bn Capital Base With Fresh Fund Injection

11 hours ago
JUST-IN: Federal Gov’t Increases Mining Fees, Royalties To Be Paid Operators

Scholarship Beneficiaries Seek Minister’s Intervention Over Mining In Community

11 hours ago
ADVERTISEMENT

On the other side, Eterna led the losers’ chart with 9.89 per cent to close at N12.30, per share. FCMB Group followed with a decline of 8.28 per cent to close at N6.65, while Omatek Ventures shed 6.94 per cent to close at 67 kobo, per share.

Unity Bank depreciated by 5.88 per cent to close at N1.60, while FBN Holdings (FBNH) declined by 5.36 per cent to close at N22.95, per share.

The total volume traded rose by 15.25 per cent to 409.766 million units, valued at N8.925 billion, and exchanged in 7,296 deals.

ADVERTISEMENT

Transactions in the shares of Custodian Investment led the activity with 115.584 million shares worth N1.384 billion. Nigerian Breweries followed with an account of 83.747 million shares valued at N1.926 billion, while United Bank for Africa (UBA) traded 26.064 million shares valued at N560.540 million.

Access Holdings traded 24,183 million shares worth N409.798 million, while Guaranty Trust Holding Company (GTCO) traded 22.93 million shares worth N946.859 million.

 


Join Our WhatsApp Channel



SendShare10173Tweet6358Share
ADVERTISEMENT
Previous Post

Federal Govt, States Share N1.21trn Revenue For May

Next Post

Hardship: NDFF Participants Seek Efficient, Cost-effective Palliatives Delivery Framework

Olushola Bello

Olushola Bello

You May Like

GTCO Declares Pre-tax Profits Of N300.4bn In Q1
Business

GTCO Crosses N500bn Capital Base With Fresh Fund Injection

2025/08/30
JUST-IN: Federal Gov’t Increases Mining Fees, Royalties To Be Paid Operators
Business

Scholarship Beneficiaries Seek Minister’s Intervention Over Mining In Community

2025/08/30
Business

Budget Office Explains Delay In Budget Implementation Reports

2025/08/30
T2, Huawei Ink Multi-Million Dollar Deal For Core Network Overhaul
Business

T2, Huawei Ink Multi-Million Dollar Deal For Core Network Overhaul

2025/08/30
Maltina Rolls Out New PET Bottles
Business

Maltina Rolls Out New PET Bottles

2025/08/30
Abia Think Tank Calls For Govt Accountability, Inclusivity
Business

Abia Govt To Revive Moribund Industries In Aba

2025/08/30
Leadership Conference advertisement

LATEST

Sunderland Score 2 Late Goals To Beat Brentford

Fernandes Injury-time Penalty Gives Man Utd Victory Over Burnley

Bournemouth End Tottenham’s Unbeaten Start

Grealish Shines As Everton Defeat Wolves

Chelsea Submits €40m Bid For Barcelona’s Fermín López

Colombian VP Arrives Abuja On Official Visit To Nigeria

BBNaija S10: Faith Considers Voluntary Exit, Labels Show ‘Waste Of Time’

Cremonese Finalise Loan Deal For Brighton’s Jeremy Sarmiento

Police Arrest Suspected Cultist For Alleged Rape In Akwa Ibom

Police Arrest 2 Suspects, Recover 26 Stolen Phones, PoS Terminals In Kano

© 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.