• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, October 31, 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

Stock Market Index Crosses 70,000 points To Commence November Trading

by Olushola Bello
2 years ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian Exchange Limited’s All-Share Index surged to an all-time high and shattered the 70,000-point barrier.

Advertisement

The All Share Index (ASI) rose by 1,345.57 points, representing a gain of 1.94 per cent to close at 70,581.76 points. Also, market capitalisation appreciated by N739 billion to close at N38.778 trillion.

The uptrend was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Airtel Africa, Presco, FBN Holdings (FBNH), Zenith Bank and Cadbury Nigeria.

Advertisement

The market has been on an upward trajectory since the entry of the new administration led by President Bola Tinubu, due to proactiveness in implementing necessary reforms such as the removal of fuel subsidy and the liberalisation of the foreign exchange market.

Market breadth closed positive as 37 stocks gained relative to 16 decliners. Airtel Africa recorded the highest price gain of 10 per cent to close at N1,694.10, while University Press and Chams Holding Company followed with a gain of 9.91 per cent each to close at N2.33 and N2.44 respectively, per share.

NEM Insurance rose by 9.90 per cent to close at N5.55, while FBNH appreciated by 9.78 per cent to close at N19.65, per share. On the other hand, Caverton Offshore Support Group led the losers’ chart by 7.74 per cent to close at N1.43, per share. Champion Breweries followed with a decline of 6.85 per cent to close at N3.40, while C & I Leasing lost 6.41 per cent to close at N3.36, per share.

RELATED NEWS

Electricity Regulator Seeks Review Of Renewable Agency’s $2bn Fund

Equities Decline Continues As Investors’ Investments Shed N371bn

Local Production Will Stabilise Supply Chains, Strengthen Economy – Tinubu

Mobile-first AI Powers Africa’s Entertainment Media Sector Growth

UPDC Real Estate Investment Trust depreciated by 2.70 per cent to close at N3.60, while Unilever Nigeria declined by 2.44 per cent to close at N14.00, per share.

The total volume traded increased by 24.51 per cent to 601.733 million units, valued at N11.016 billion, and exchanged in 7,444 deals. Transactions in the shares of United Bank for Africa (UBA) topped the activity chart with 163.562 million shares valued at N3.473 billion. FBNH followed with 94.655 million shares worth N1.841 billion, while Guaranty Trust Holding Company (GTCO) traded 45.752 million shares valued at N1.601 billion.

Access Holdings Consolidated traded 36.694 million shares valued at N641.992 million, while Universal Insurance sold 34.716 million shares worth N8.938 million.

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

NERC Partners Orientation Agency To Sensitise Electricity Consumers
Business

Electricity Regulator Seeks Review Of Renewable Agency’s $2bn Fund

2 hours ago
Equities To Sustain Positive Sentiment Amidst Audited Earnings Expectations
Business

Equities Decline Continues As Investors’ Investments Shed N371bn

2 hours ago
Kogi Stakeholders Task Federal Gov’t On Ending Benue Killings
Business

Local Production Will Stabilise Supply Chains, Strengthen Economy – Tinubu

2 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Akwa Ibom Set To Host 2025 Judiciary Games

18 minutes ago

Police Arrest Suspect Displaying AK-47 Rifle In Viral Video

19 minutes ago

Why I Write About Black Women, Afro Diaspora Experiences – Åkerström

48 minutes ago

Commission Enhances Staff Capacity Ahead Of 2026 Hajj

49 minutes ago

Engineers Seek Full Implementation Of Local Content Policies

52 minutes 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.