• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 24, 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

Stock Market Reverses Gain With N89bn Loss

by Olushola Bello
1 year ago
in Business
stock market
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian stock market yesterday closed bearish with N89 billion as investors reacted negatively to the Monetary Policy Rate (MPR) hike.

Advertisement

Precisely, the All-Share Index declined by 157.33 points, representing a loss of 0.16 per cent to close at 98,128.00 points. Also, market capitalisation dipped by N89 billion to close at N55.509 trillion.

The downturn was driven by price depreciation in large and medium capitalised stocks amongst which are; Guinness Nigeria, Zenith Bank, Guaranty Trust Holding Company (GTCO), Multiverse Mining & Exploration and Nigerian Exchange Group.

As measured by market breadth, market sentiment was negative, as 15 stocks gained relative to 22 losers. Tantalizer emerged the highest price gainer of 8.00 per cent to close at 54 kobo, per share. Wapic Insurance followed with a gain of 7.81 per cent to close at 69 kobo, while Omatek Ventures rose by 7.69 per cent to close at 70 kobo, per share.

Julius Berger appreciated by 7.19 per cent to close at N85.00, while Lafarge Africa advanced by 4.48 per cent to close at N35.00, per share.

RELATED

PICTORIAL: Air Peace Gets 4th Boeing 777, Unveils New Intercontinental Routes

PICTORIAL: Air Peace Gets 4th Boeing 777, Unveils New Intercontinental Routes

16 hours ago
Three Crown Celebrates 2025 Mum Of The Year Campaign

Three Crown Celebrates 2025 Mum Of The Year Campaign

1 day ago
ADVERTISEMENT

On the other side, The Initiates Plc (TIP) led others on the losers’ chart with 10 per cent to close at N1.80, per share. Multiverse Mining & Exploration followed with a decline of 9.82 per cent to close at N12.40, while Cornerstone Insurance dipped by 9.52 per cent to close at N1.90, per share.

DEAP Capital Management & Trust lost 9.09 per cent to close at 40 kobo, while Caverton Offshore Support Group depreciated by 8.45 per cent to close at N1.30, per share.

The total volume of trades increased by 18.7 per cent to 271.708 million units, valued at N5.435 billion, and exchanged in 7,383 deals. Transactions in the shares of Access Holdings led the activity with 35.358 million shares worth N1.110 billion. Zenith Bank followed with a volume of 75.849 million shares valued at N1.036 billion, while Guaranty Trust Holding Company (GTCO) traded 35.008 million shares valued at N1.348 billion.

ADVERTISEMENT

United Bank of Africa (UBA) traded 31.280 million shares worth N641.166 million, while Transnational Corporation (Transcorp) traded 25.433 million shares worth N285.383 million.

 


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.


SendShare10170Tweet6357Share
ADVERTISEMENT
Previous Post

Methodist Church Tasks FG On Electricity Tariff, Minimum Wage, Census

Next Post

Medical Tourism By Nigerians No Longer Tenable, Says Rep

Olushola Bello

Olushola Bello

You May Like

PICTORIAL: Air Peace Gets 4th Boeing 777, Unveils New Intercontinental Routes
Business

PICTORIAL: Air Peace Gets 4th Boeing 777, Unveils New Intercontinental Routes

2025/08/23
Three Crown Celebrates 2025 Mum Of The Year Campaign
Business

Three Crown Celebrates 2025 Mum Of The Year Campaign

2025/08/23
NGX Group Appoints Popoola As GMD/CEO
Business

Domestic Investors Dominate NGX Trades With N1.67trn In July

2025/08/23
FG Completes Repairs On Tin Can Port Access Road
Business

Customs Generates N16.4bn In Single Day At Tin Can Port

2025/08/23
Firm To Sustain Leadership, Youth Empowerment, Unlocks 6,000bpd  In Nigeria
Business

Firm To Sustain Leadership, Youth Empowerment, Unlocks 6,000bpd In Nigeria

2025/08/23
IMO Ready To Collaborate With NIMASA On Marítime Challenges – Scribe
Business

NIMASA Pledges Increased Monitoring, Enforcement On Vessels Over Marine Pollution

2025/08/23
Leadership Conference advertisement

LATEST

Every Esther Needs A Mordecai

Cricket: South Africa Recall Trio For England T20 Series

Visible Out Of The Invisible

Cyprus Club Akritas Chlorakas Signs Nigerian Defender Izuchukwu Anthony

We Supported Rufai, Chuckwu’s Families, NFF Replies Taribo

NPFL: Nasarawa United Unveil New Kits For 2025/26 Season

NPFL: ‘Abia Warriors Are Ready For New Season’ – Amapakabo

Nigeria’s Adama Makes History, Clinches Silver Medal At World Junior Swimming Championships

Tottenham Shock Man City To Maintain Winning Start

Past Experiences Raise Concerns Over Timely Delivery of Tinubu’s Gifts to Falcons, D’Tigress

© 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.