• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home News

Trading in Nigerian stock market dips further N83bn

The Matters Press by The Matters Press
November 12, 2021
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF


Negative sentiment persisted on the nation’s bourse on Thursday amid profit taking on MTN Nigeria Commnuciations (MTNN) and 18 others.

Consequently, the All-Share Index declined by 158.02 points or 0.35 per cent to 43,549.28 from 43,707.30 achieved on Wednesday.

Accordingly, month-to-date and year-to-date gains moderated to 3.6 per cent and 8.1 per cent, respectively.

Also, the market capitalisation of listed equities declined by N83 billion to N22.726 trillion from N22.809 trillion on Wednesday.

The market’s negative performance was driven by price depreciation in large and medium capitalised stocks which are; MTNN, Cutix, Nigerian Exchange Group (NGXGroup), Guaranty Trust Holding Company (GTCO) and United Bank for Africa (UBA).

Overall, the market closed negative recording 19 losers as against 12 gainers.

Cornerstone Insurance led the losers’ chart in percentage terms by 8.77 per cent to close at 52k per share.

Cutix followed with 8.06 per cent to close at N5.70 per share.

eTranzact International and Regency Alliance Insurance shed 7.32 per cent each to close at N1.90 and 38k, while Lasaco Assurance depreciated by 5.36 per cent to close at N1.06 per share.

Conversely, Unity Bank topped the gainers’ chart in percentage terms with 7.27 per cent, to close at 59k per share.

FTN Cocoa processors followed with five per cent to close at 42k, while Universal Insurance appreciated by 4.76 per cent to close at 22k per share.

Lafarge Africa garnered 2.62 per cent to close at N25.50, while UACN Property Development Company appreciated by 2.42 per cent to close at N1.69 per share.

The total volume of transactions fell by 40.41 per cent to 161.31 million shares worth N2.14 billion traded in 3,574 deals.

This was against 270.70 million shares valued at N5.63 billion in 3,861 deals on Wednesday.

Transactions in the shares of FBN Holdings topped the activity chart with 28.16 million shares valued at N322.07 million.

Transcorp followed with 23.51 million shares worth N23.51 million, while Zenith Bank traded 12.52 million shares valued at N301.20 million.

Access Bank sold 9.29 million shares valued at N86.96 million, while Sterling Bank transacted 8.296 million shares worth N12.461 million.

Tags: Stock market
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
Buhari underscores the opportunities in a single African air transport

Buhari underscores the opportunities in a single African air transport

FIRS generates N4.2tn in 10 months

FIRS generates N4.2tn in 10 months

Recommended Stories

Nigeria’s N225bn bonds oversubscribed

DMO offers N150bn Sukuk bond for subscription

October 4, 2023
Buhari moves against palm oil importers

Farmers undergo training in palm oil production

August 23, 2023
Trading in Nigerian stock market dips further N83bn

Stock market gains N18bn on price appreciation

April 19, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us