• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, July 4, 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 Rises By N138bn Amid Sustained Bullish Activity

by Leadership News..
2 years ago
in Business
stock market
Share on WhatsAppShare on FacebookShare on XTelegram

For the third consecutive session, the Nigerian stock market, yesterday maintained the bull run bringing the overall capitalisation up by N138 billion on sustained buying interest in Stanbic IBTC Holdings Plc and 32 others.

Advertisement

The All Share Index (ASI) gained by 252.06 points, representing a growth of 0.48 per cent to close at 52,621.19 points. Accordingly, market capitalisation rose by N138 billion to close at N28.653 trillion.

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Stanbic IBTC Holdings, PZ Cussons Nigeria, Unilever Nigeria, FBN Holdings (FBNH) and Zenith Bank.

Analysts at GTI Securities Limited said:  “stock trading activities progressed positive for yesterday after commencing the week strong. Swaying sentiments could however occur in the nearest future as investors wait on result of ongoing Monetary Policy Committee (MPC) meeting to decide on future portfolio mix.”

As measured by market breadth, market sentiment was positive as 33 stocks gained relative to 15 losers.

RELATED

Federal Gov’t Gives IBEDC 7 Days To Reinstate Sacked 3,000 Workers

AMCON Begins Asset Resales, Sells IBEDC For N100bn

7 hours ago
JUST-IN: NCAA Suspends All 737 Aircraft In Max Air Fleet

NCAA Names Max Air ‘Most Unresponsive Domestic Airline’ To Passenger Complaints

12 hours ago

Transnational Corporation (Transcorp) recorded the highest price gain of 9.85 per cent to close at N2.90, per share. Tripple Gee & Company followed with a gain of 9.83 per cent to close at N3.24, while Unilever Nigeria rose by 9.70 per cent to close at N14.70, per share.

University Press went up by 9.63 per cent to close at N2.05 71, while Chams Holding Company appreciated by 9.38 per cent to close at 35 kobo, per share.

On the other hand, Chellarams led the losers’ chart by 9.94 per cent, to close at N1.63, per share. SUNU Assurance followed with a decline of 9.43 per cent to close at 48 kobo, while C & I Leasing declined by 8.83 per cent to close at N3.20, per share

Japaul Gold & Ventures depreciated by 5.71 per cent to close at 33 kobo and Cadbury Nigeria declined by 5.48 per cent to close at N16.40, per share.

The total volume traded increased by 11.2 per cent to 350.974 million units, valued at N5.169 billion, and exchanged in 5,946 deals. Transactions in the shares of United Bank for Africa (UBA) topped the activity chart with 62.448 million shares valued at N511.061 million.

Zenith Bank followed with 58.999 million shares worth N1.583 billion, while Guaranty Trust Holding Company (GTCO) traded 31.707 million shares valued at N875.105 million.

Access Holdings traded 19.478 million shares valued at N203.077 million, while Transcorp sold 17.801 million shares worth N50.100 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

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

NNPCL Resumes Oil Exploration In Chad Basin, As Buhari Flags Off Drilling In Borno

Next Post

Total Domestic Transactions On NGX Hits N660bn In 4 months

Leadership News..

Leadership News..

You May Like

Federal Gov’t Gives IBEDC 7 Days To Reinstate Sacked 3,000 Workers
Business

AMCON Begins Asset Resales, Sells IBEDC For N100bn

2025/07/03
JUST-IN: NCAA Suspends All 737 Aircraft In Max Air Fleet
Business

NCAA Names Max Air ‘Most Unresponsive Domestic Airline’ To Passenger Complaints

2025/07/03
Savannah Energy Empowers 100 Students
Business

Savannah Energy Empowers 100 Students

2025/07/03
BIC Reaffirms Commitment To Youth Empowerment Through Creative Initiatives
Business

BIC Reaffirms Commitment To Youth Empowerment Through Creative Initiatives

2025/07/03
Ecobank Nigeria To Reward  500 Customers
Business

Ecobank Group, Google Cloud Partner To Accelerate Financial Inclusion, Innovation Across Africa

2025/07/03
Don’t Rush Into Businesses You Know Nothing About, Stakeholders Warn Retirees
Business

Businesses Sustain Positive Growth Momentum Despite High Prices

2025/07/03
Leadership Conference advertisement

LATEST

NFF, Super Eagles Mourn Legendary Goalkeeper Peter Rufai

Tinubu Mourns Ex-Super Eagles Goalkeeper Peter Rufai

‘My Party, Our Party Now Is ADC’, Ihedioha Tells Supporters, Followers

JUST-IN: Abducted Bayelsa Judge Regains Freedom

Dantata Lived A Life Of Impact — Tinubu

BUK Appoints Professor Haruna Musa As New VC

‘I Love Nigeria’, 11 Other Associations Seek INEC Registration As Political Parties

‘Let’s Walk From Airport To Port Harcourt And See’, Amaechi Challenges Wike To Popularity Contest

Court Sentences 2 Businessmen To 10-year Imprisonment For Fraud

Federal Gov’t To Honour 250 Nigerians At 65th Independence Anniversary 

© 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.