• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, July 6, 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

Stock market resumes Santa Claus week with N21bn gain

The Matters Press by The Matters Press
December 21, 2021
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

Activities in the domestic stock market kicked off the week on Monday on a bullish mood due to bargain hunting in Dangote Cement and 20 others.

RELATED POSTS

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

Specifically, the market capitalisation rose by N21 billion or 0.10 per cent to close at N22.128 trillion from N22.107 trillion on Friday.

Also, the All-Share Index which opened at 42,353.21 inched higher by 41.50 points or 0.10 per cent to close at 42,394.71.

Consequently, the month-to-date loss moderated to 2.0 per cent, while the year-to-date return increased to 5.3 per cent.

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are Dangote Cement, GlaxoSmithKline Consumer Nigeria, Union Bank of Nigeria, Guaranty Trust Holding Company (GTCO) and Neimeth International Pharmaceuticals.

Analysts at Afrinvest Limited said: “We expect the improved investor sentiment to sustain bullish performance in the next trading session.”

Market sentiment was positive with 21 gainers against 11 losers.

Neimeth International Pharmaceuticals drove the gainers’ chart in percentage terms by 9.82 per cent to close at N1.79 per share.

UPDC followed with 9.43 per cent to close at N1.16, while Royal Exchange was up by 8.70 per cent to close at 75k per share.

Mutual Benefits Assurance rose by 7.69 per cent to close at 28k, while Regency Alliance Insurance appreciated by 7.32 per cent to close at 44k per share.

On the other hand, C & I Leasing led the losers’ chart in percentage terms by 8.70 per cent to close at N4.20 per share.

Consolidated Hallmark Insurance followed with 6.90 per cent to close at 54k, while Wapic Insurance declined by 5.88 per cent to close at 48k per share.

Lasaco Assurance shed 5.45 per cent to close at N1.04, while Nigerian Aviation Handling Company depreciated by 3.48 per cent to close at N3.33 per share.

However, the total volume of shares  traded fell by 58.4 per cent to 142.17 million units valued at N2.49 billion exchanged in 3,749 deals.

This was in contrast with a turnover of 341.69 million shares worth N3.54 billion achieved in 3,059 deals on Friday.

Transactions in the shares of FBN Holdings topped the activity chart with 20.19 million shares valued at N244.72 million.

GTCO followed with 10.58 million shares worth N270.91 million, while Sovereign Trust Insurance traded 10.11 million shares valued at N2.42 million.

Mutual Benefits Assurance traded 9.36 million shares valued at N2.59 million, while AIICO Insurance transacted 8.84 million shares worth N6.002 million.

Tags: Stock market
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

July 5, 2025
Veritas Kapital’s total assets hit N21.4bn
Economy/Technology

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

July 4, 2025
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

July 3, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
Next Post
Nigeria’s green bond market exceeds N55bn mark

Lagos signs N137.3bn bond issuance for key infrastructure

INEC’s Chairman visits Ooni, talks at Oduduwa Varsity

INEC Chairman meets commissioners, unveils electoral innovations

Recommended Stories

Nigeria opens duty free village for diplomats

Nigeria opens duty free village for diplomats

February 15, 2023
Africa-Europe Alliance presents progress report

Africa in war with world’s biggest killers

March 11, 2023
Nigeria seeks collaboration to resuscitate cotton industry

Cotton association calls for less dependence on imported products

August 15, 2022

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

  • Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs
  • Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG
  • Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

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