• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, October 16, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Nigerian Stocks Surge On 1st Trading Day, Year-to-Date Return Hits 49%

by Leadership News
2 years ago
in Business
nigeria, flag
Share on WhatsAppShare on FacebookShare on XTelegram

RELATED NEWS

Nigeria Steps Into Spotlight At G-24 As Cardoso, Uzoka-Anite Signal New Economic Era

JUST-IN: Nigeria’s Inflation Rate Drops Further To 18.02%

Understanding Prop Firm Funding Models

Stock Market Outing Tepid As Cautious Trading Wipes N4bn Off Investments

The market capitalization of the Nigerian Exchange Ltd. (NGX) recorded a gain of N666 billion or 1.63 per cent on Tuesday, the first trading day of the year. This gain reflects a 1.63 per cent increase, closing at N41.583 trillion, compared to N40.917 trillion recorded on Friday.

Advertisement

Furthermore, the All-Share Index also witnessed growth, increasing by 1,217.11 points or 1.63 per cent, closing at 75,990.88 in contrast to 74,773.77 recorded on Friday. Consequently, the Year-to-Date (YTD) return surged to 48.96 per cent.

The positive performance was driven by increased trading in the shares of some insurance companies, telecommunication firms, and five-star hotels.

Advertisement

AIICO Insurance topped the list of top traders with a percentage increase of 10 per cent, closing at 88k. Following closely were Daar Communications and Ikeja Hotel, which also grew by 10 per cent each, closing at 99k and N6.60 per share, respectively. Similarly, Infinity Trust Mortgage Bank and Linkage Assurance gained 10 per cent each, closing at N6.60 and 88k per share, respectively.

On the losers’ side, Cadbury and Mecure led in percentage terms with a decline of 10 per cent each, closing at N17.1 and N10.89 per share. Thomaswy also dropped by 10 per cent to close at N2.43 per share. Additionally, Prestige Assurance shed 9.80 per cent to close at 46k, while Omatek lost 9.21 per cent to close at 69k. (NAN)

Join Our WhatsApp Channel

SendShare10176Tweet6360Share

OTHER NEWS UPDATES

Nigeria Steps Into Spotlight At G-24 As Cardoso, Uzoka-Anite Signal New Economic Era
Business

Nigeria Steps Into Spotlight At G-24 As Cardoso, Uzoka-Anite Signal New Economic Era

3 hours ago
Analysts See Inflation Rising Above 32% In March
Business

JUST-IN: Nigeria’s Inflation Rate Drops Further To 18.02%

10 hours ago
Understanding Prop Firm Funding Models
Business

Understanding Prop Firm Funding Models

13 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Coup: AU Suspends Madagascar

3 hours ago

House Of Reps Seek Ban Of Hazardous Pesticides

3 hours ago

Why I Rejected Tinubu’s Appointment Offer – Fayose

3 hours ago

Abuja Lawyer Charged With Forgery Gets ₦30m Bail

3 hours ago

Nigeria Steps Into Spotlight At G-24 As Cardoso, Uzoka-Anite Signal New Economic Era

3 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.