• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, July 3, 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 Open Week Trading Up By N324bn Gain

by Leadership News
1 year ago
in News
M86BMX Economic crisis - Stock market graphs and charts - Financial and business background

M86BMX Economic crisis - Stock market graphs and charts - Financial and business background

Share on WhatsAppShare on FacebookShare on XTelegram

Nigerian equities yesterday opened the week on a positive note, extending gains from the previous session as the overall capitalization closed N324 billion stronger.

Advertisement

The All-Share Index rose by 572.57 per cent, representing a gain of 0.58 per cent, to close at 99,793.71 points. Similarly, the overall market capitalisation value gained N324 billion to close at N56.452 trillion.
The market positive performance was driven by price appreciation in large and medium capitalised stocks which are; Seplat Energy, TotalEnergies Marketing Nigeria, Julius Berger, Transcorp Hotel and Flour Mills of Nigeria.

In the week ahead, Futureview Financial Services said “we anticipate a mixed sentiment in the equities market, primarily due to the enduring allure of the fixed income market among investors.
“This interest is fueled by expectations of increased rates in the NTB auction and the impending release of the inflation rate. However, amidst these factors, there remains an opportunity for sustainable growth, particularly in fundamentally strong stocks that currently find themselves in the oversold region. We foresee a selective pursuit of bargains, particularly in dividend-paying stocks, driven by the nearing corporate qualification and payment.”

Market breadth also closed positive, as 30 stocks gained relative to 10 losers. Flour Mills recorded the highest price gain of 10 per cent to close at N41.80, per share. TotalEnergies Marketing Nigeria followed with a gain of 9.98 per cent to close at N353.60, while Access Holdings up by 9.86 per cent to close at N18.95, per share.

Chams Holding Company appreciated by 9.74 per cent to close at N1.69, while Veritas Kapital Assurance gained 9.52 per cent to close at 69 kobo, per share.

RELATED

BUK Appoints Professor Haruna Musa As New VC

BUK Appoints Professor Haruna Musa As New VC

1 hour ago
‘Let’s Walk From Airport To Port Harcourt And See’, Amaechi Challenges Wike To Popularity Contest

‘Let’s Walk From Airport To Port Harcourt And See’, Amaechi Challenges Wike To Popularity Contest

1 hour ago

On the other hand, eTranzact International led the losers’ chart by 9.90 per cent to close at N4.55, while DAAR Communications followed with a decline of 9.52 per cent to close at 57 kobo, per share.

Champion Breweries and Unity Bank lost 6.67 per cent each to close at N2.80 and N1.12 respectively, while Wapic Insurance shed 2.86 per cent to close at 68 kobo, per share.

The total volume traded increased by 148.33 per cent to 963.541 million units, valued at N13.498 billion, and exchanged in 8,657 deals. Transactions in the shares of Fidelity Bank topped the activity chart with 605.257 million shares valued at N6.025 billion. Access Holdings followed with 93.067 million shares worth N1.744 billion, while United Bank for Africa (UBA) traded 58.726 million shares valued at N1.261 billion.

Nigerian Breweries traded 45.256 million shares valued at N1.267 billion, while Zenith Bank transacted 16.079 million shares worth N539.552 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: Equities Market
SendShareTweetShare
Previous Post

Can Northern Nigeria Soar Above Poverty And Underdevelopment?

Next Post

JUST-IN: Bandits Attack Military Base In Niger  

Leadership News

Leadership News

You May Like

BUK Appoints Professor Haruna Musa As New VC
Education

BUK Appoints Professor Haruna Musa As New VC

2025/07/03
‘Let’s Walk From Airport To Port Harcourt And See’, Amaechi Challenges Wike To Popularity Contest
News

‘Let’s Walk From Airport To Port Harcourt And See’, Amaechi Challenges Wike To Popularity Contest

2025/07/03
Jigawa Court Sentences 2 Kidnappers To 28 Years Imprisonment
News

Court Sentences 2 Businessmen To 10-year Imprisonment For Fraud

2025/07/03
Authentic National Honours’ List Out Soon – Federal Govt
News

Federal Gov’t To Honour 250 Nigerians At 65th Independence Anniversary 

2025/07/03
2023: INEC To Conduct Rerun, By-elections In 34 Constituencies
News

INEC Releases Supplementary Guidelines On Election Result Review

2025/07/03
PICTORIAL: VP Shettima Visits Kano To Condole With Dantata’s Family
News

PICTORIAL: VP Shettima Visits Kano To Condole With Dantata’s Family

2025/07/03
Leadership Conference advertisement

LATEST

BUK Appoints Professor Haruna Musa As New VC

‘I Love Nigeria’, 11 Other Associations Seek INEC Registration As Political Parties

‘Let’s Walk From Airport To Port Harcourt And See’, Amaechi Challenges Wike To Popularity Contest

Court Sentences 2 Businessmen To 10-year Imprisonment For Fraud

Federal Gov’t To Honour 250 Nigerians At 65th Independence Anniversary 

2027: Wike Already Afraid Of Us — ADC

INEC Releases Supplementary Guidelines On Election Result Review

JUST-IN: Ex-Eagles Goalkeeper Peter Rufai Dies At 61

PICTORIAL: VP Shettima Visits Kano To Condole With Dantata’s Family

South Africa’s Thembi Shilenge Features At Crypto Content Creator Campus In Dubai

© 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.