• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, August 28, 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 Sustain Bearish Sentiment By N85bn Loss

by Olushola Bello
1 year ago
in Business
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

Losses in Skyway Aviation Handling Company Plc and 27 others pulled the Nigerian equities market lower by N85 billion, extending the negative reaction to the latest tightening of the benchmark policy rate to two trading sessions.

Advertisement

The All-Share Index declined by 149.98 per cent, representing a loss of 0.15 per cent, to close at 97,978.02 points. Similarly, the overall market capitalisation value lost N85 billion to close at N 55.424 trillion.
The market negative performance was driven by price depreciation in large and medium capitalised stocks which are; Skyway Aviation Handling Company, Guaranty Trust Holding Company (GTCO), NEM Insurance, Guinness Nigeria, and Access Holdings.

As measured by market breadth, market sentiment was negative, as 28 stocks lost relative to 17 gainers. C & I Leasing recorded the highest price gain of 9.90 per cent to close at N3.44, per share. Caverton Offshore Support Group followed with a gain of 7.69 per cent to close at N1.40, while Chams Holding Company up by 7.14 per cent to close at N1.50, per share.

Consolidated Hallmark Holdings appreciated by 6.15 per cent to close at N1.38, while Veritas Kapital Assurance Nigeria rose by 5.36 per cent to close at 59 kobo, per share.

On the other hand, Skyway Aviation Handling Company led the losers’ chart by 9.80 per cent to close at N20.70, per share. NEM Insurance followed with a decline of 9.47 per cent to close at N7.65, while FTN Cocoa processors lost 9.35 per cent to close at N1.26, per share.

RELATED

Equities Market Extends Rebound With N204bn Gain

Equities Market Extends Rebound With N204bn Gain

18 hours ago
Flight Cancellation: NCAA Launches Complaints Automation Portal

NCAA Launches First SERVICOM Integrated Service Charter

18 hours ago
ADVERTISEMENT

Tantalizers lost 9.26 per cent to close at 49 kobo, while Japaul Gold & Ventures depreciated by 8.42 per cent to close at N1.74, per share.

The total volume traded rose by 16.47 per cent to 316.453 million units, valued at N7.700 billion, and exchanged in 7,852 deals. Transactions in the shares of United Bank for Africa (UBA) topped the activity chart with 50.316 million shares valued at N984.756 million. GTCO followed with 38.544 million shares worth N1.428 billion, while Zenith Bank traded 28.943 million shares valued at N878.761 million.

Transnational Corporation (Transcorp) traded 21.645 million shares valued at N225.985 million, while Julius Berger transacted 17.645 million shares worth N1.465 billion.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: Equities Market
SendShare10169Tweet6356Share
ADVERTISEMENT
Previous Post

Nigeria Earns N16.3bn From Solid Minerals In 1 Year

Next Post

BDC Operators Decry Over 1,328% Increase In New Capital Requirement

Olushola Bello

Olushola Bello

You May Like

Equities Market Extends Rebound With N204bn Gain
Business

Equities Market Extends Rebound With N204bn Gain

2025/08/27
Flight Cancellation: NCAA Launches Complaints Automation Portal
Business

NCAA Launches First SERVICOM Integrated Service Charter

2025/08/27
State Of Emergency In Rivers: Way Forward
Business

Tinubu Bans Raw Shea Export For Six Months, Eyes $300m Revenue Boost

2025/08/27
Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu
Business

Nigeria’s Poor Electricity, Weak Infrastructure Hinder Growth But Present Investment Opportunities – Awele Elumelu

2025/08/27
Renaissance Energy Africa Reaffirms Commitment To Safety Operations
Business

Renaissance Energy Africa Reaffirms Commitment To Safety Operations

2025/08/27
Dangote Cement Records Impressive Topline Growth, Sustains Profitability
Business

Dangote Cement Urges Multi-sector Collaboration To Combat Youth Unemployment

2025/08/27
Leadership Conference advertisement

LATEST

Nathaniel Bassey’s ‘Halleluyah Challenge’ Goes To Kirikiri Prison

Bayern Defeat Wiesbaden 3-2 In Dramatic German Cup Clash

African Defence Chiefs Forge United Front Against Terrorism, Cyber Threats

BBN S10: ‘That’s Me 100%,’ Gigi Jasmine Defends Frequent Teary Eyes

Tinubu Departs Brazil En Route Abuja

Tennis Scoring System

JUST-IN: Davido, Rema, Others Top As AFRIMA Releases 2025 Nominations List

Federal Gov’t Orders Shutdown Of Illegal Gold Mining Site In Gwagwalada

Niger Delta People Live On $2 Daily Despite $1trn Oil Revenue — INC

BBNaija10: Dede, Kola Spark Intimacy Rumours After Late-night Moment

© 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.