• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 7, 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 Market Rebounds By N95bn Gain

by Olushola Bello
12 months ago
in Business
Market
Share on WhatsAppShare on FacebookShare on XTelegram

The domestic equities market yesterday gained N95 billion, buoyed by price increases in Unilever Nigeria Plc and 34 others.

Advertisement

The All-Share Index (ASI) gained 167.84 points, representing a gain of 0.17 per cent to close at 99,385.44 points. Also, market capitalisation rose by N95 billion to close at N56.221 trillion.

The upturn was driven by price depreciation in large and medium capitalised stocks amongst which are; Unilever Nigeria, Oando, FBN Holdings (FBNH), CWG and Dangote Sugar Refinery.

As measured by market breadth, market sentiment was positive, as 35 stocks gained relative to 13 losers. FTN Cocoa Processors, Oando and CWG emerged the highest price gainer of 10 per cent each to close at N1.54, N13.75 and 60 kobo, respectively, per share.

C & I Leasing followed with a gain of 9.33 per cent to close at N3.28, while Veritas Kapital Assurance advanced by 9.09 per cent to close at 96 kobo, per share.

RELATED

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

8 hours ago
2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities

2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities

9 hours ago

 

On the other side, Secure Electronic Technology led others on the losers’ chart with 10 per cent to close at 54 kobo, per share. Cornerstone Insurance followed with a decline of 8.64 per cent to close at N2.01, while Royal Exchange shed 7.58 per cent to close at 61 kobo, per share.

 

Tantalizer lost 4.17 per cent to close at 46 kobo, while Universal Insurance depreciated by 2.78 per cent to close at 35 kobo, per share.

 

The total volume of trades dipped by 23.6 per cent to 276.364 million units, valued at N4.120 billion, and exchanged in 7,597 deals. Transactions in the shares of Access Holdings led the activity with 45.336 million shares worth N859.399 million. AIICO Insurance followed with account of 23.955 million shares valued at N22.906 million, while Guaranty Trust Holding Company (GTCO) traded 13.850 million shares valued at N608.119 million.

 

Fidelity Bank traded 13.231 million shares worth N133.746 million, while Skyway Aviation Handling Company traded 12.000 million shares worth N244.804 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

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Equities Market
SendShareTweetShare
Previous Post

Sterling HoldCo Grows Assets To N2.5trn As Shareholders Endorse Expansion Plans

Next Post

Waste On Water: AXA Mansard Sensitises On Environmental Impact

Olushola Bello

Olushola Bello

You May Like

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth
Business

Bitget Hosts Blockchain Education Day To Foster Web3 Awareness Growth

2025/06/07
2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities
Business

2025 Budget: Outcry As Agency Appropriates N6bn On Frivolities

2025/06/07
FCCPC To Prosecute PoS Operators Over Service Price Fixing
Business

FCCPC Sets Up Committee For Anti-counterfeit Portal

2025/06/07
Asharami Energy Commits To Local Capacity Devt, Sustainable Growth
Business

Asharami Energy Commits To Local Capacity Devt, Sustainable Growth

2025/06/07
BPP, CIPS Strengthen Partnership On Procurement Practice, Sign MoU
Business

BPP, CIPS Strengthen Partnership On Procurement Practice, Sign MoU

2025/06/07
Centre Partners Niger Delta Varsity On Marine Training
Business

Centre Partners Niger Delta Varsity On Marine Training

2025/06/07
Leadership Conference advertisement

LATEST

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

Tennis: Gauff Beats Sabalenka To Win French Open Title

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Miniter’s Aide’s Claims

Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge

Civil War Was For Unity, Not Hatred — Gowon

Nnamdi Kanu Is Prisoner Of Conscience — IPOB

Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators

Eid-el-Kabir: CAN Preaches Unity, Support For Flood Victims

Taraba Rep Tafida Bags ‘Best Legislator 2025’ Award

Why We Established ‘Discoverer Nigeria’ News Platform — Editor

© 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.