• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 9, 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

FBNH Executes 756.66m Off-market Trade, As Equities Shed N19bn

by Olushola Bello
8 months 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

The domestic equities market yesterday closed on a negative tone, as price decline in Aradel Holdings Plc and 28 others dragged the overall capitalisation lower by N19 billion.

Advertisement

Meanwhile, a total of 756.664 million units of FBN Holdings (FBNH) Plc shares were executed as off market trade yesterday at N24.00 in one deal. The trade was a negotiated cross deal with FBN Quest Securities Limited as both buyer and seller.

The All-Share Index (ASI) lost 31.30 points, representing a decline of 0.03 per cent to close at 97,702.56 points. Also, market capitalisation declined by N19 billion to close at N59.226 trillion.

The downturn was driven by price depreciation in large and medium capitalised stocks amongst which are; Aradel Holdings, John Holt, UACN, Ellah Lakes and Thomas Wyatt Nigeria.

As measured by market breadth, market sentiment was positive, as 29 stocks gained relative to 23 declined. Multiverse Mining and Exploration emerged the highest price gainer of 9.91 per cent to close at N8.54, per share. Beta Glass and Golden Guinea Breweries followed with a gain of 10 per cent each to close at N53.90 and N4.07 respectively, while Lafarge Africa rose by 9.95 per cent to close at N70.15, per share.

RELATED

NNPCL Retail Sanctions Staff Over Attempt To Cheat Customer In Lagos

NNPCL Retail Sanctions Staff Over Attempt To Cheat Customer In Lagos

6 hours ago
Geofort Africa Empowers Youths With Free Real Estate Training

Geofort Africa Empowers Youths With Free Real Estate Training

6 hours ago

Honeywell Flour Mills rose by 9.89 per cent to close at N4.89, while SUNU Assurance appreciated by 9.88 per cent to close at N4.67, per share. On the other side, Sovereign Trust Insurance led the losers’ chart with 10 per cent to close at 72 kobo, per share. John Holt followed with a decline of 9.98 per cent to close at N8.03, while Ellah Lakes shed 9.92 per cent to close at N3.18, per share.

Thomas Wyatt Nigeria depreciated by 9.42 per cent to close at N1.73, while Aradel Holdings declined by 8.72 per cent to close at N471.90, per share.

The total volume traded increased by 156.3 per cent to 1.156 billion units, valued at N27.364 billion, and exchanged in 9,402 deals. Transactions in the shares of FBN Holdings (FBNH) led the activity with 779.623 million shares worth N18.768 billion.

AXA Mansard Insurance followed with an account of 32.536 million shares valued at N242.840 million, while United Bank for Africa (UBA) traded 31.101 million shares valued at N1.048 billion.

Access Holdings traded 27.896 million shares worth N670.871 million, while Ellah Lakes traded 23.029 million shares worth N76.498 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




Tags: Aradel Holdings
SendShareTweetShare
Previous Post

Womanity Index: Using Data And Evidence To Address GBV

Next Post

Yuletide: Aero Contractor Slashes Airfare To N80,000, Raises Profitability To 14%

Olushola Bello

Olushola Bello

You May Like

NNPCL Retail Sanctions Staff Over Attempt To Cheat Customer In Lagos
Business

NNPCL Retail Sanctions Staff Over Attempt To Cheat Customer In Lagos

2025/08/08
Geofort Africa Empowers Youths With Free Real Estate Training
Business

Geofort Africa Empowers Youths With Free Real Estate Training

2025/08/08
Naira Swap: Sterling Bank Sets Record Straight On N258m ‘Discovery’
Business

Sterling Bank Names First Beneficiaries Of ₦2bn ‘Beyond Education’ Fund

2025/08/08
Finance Act, PIA: Accountant General Moves To Stop Revenue Leakages
Business

Federal Gov’t Pays Second Tranche Of Wage Award Arrears

2025/08/08
Abuja Investments Company Limited Launches Automated System
Business

Abuja To Host Over 500 Global Investors At 2025 Business Investment Expo

2025/08/08
Bear Resurfaces As Equities Investors Lose N639bn
Business

Reforms Fuel Insurance Stock Rally

2025/08/08
Leadership Conference advertisement

LATEST

NERC Chairman-designate Ramat Resumes Without Senate Confirmation

Gunmen Abduct 9 Passengers In Kogi

Airstrikes Kill Scores Of Terrorists In Zamfara Wedding Ceremony

Jonathan Is PDP’s Best Bet For 2027 — Lamido

PICTORIAL: Remi Tinubu Visits Ex-First Lady Aisha Buhari In Kaduna

BBNaija 10: ‘I’m Not 21,’ Koyin Reveals Real Age

BBNaija10: Men Sleep In Sultana’s Bed — Victory

Oyo Gov’t Denies False Pension Verification Notice

JUST-IN: Police Release Activist Omoyele Sowore From Detention

Late Olubadan, Oba Olakulehin, Laid To Rest

© 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.