• Privacy Policy
  • Terms
  • About us
  • Contact Us
Thursday, June 8, 2023
  • 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

NGX records marginal loss, down N2bn

The Matters Press by The Matters Press
January 14, 2022
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

Activities on the Nigerian Exchange Ltd recorded marginal loss on Friday with market capitalisation losing two billion naira on profit taking.

RELATED POSTS

Motorists shun petrol filling stations as pump price peaks

Depot associations support subsidy removal, pledge 100 mass transit buses

Naira extends stability at investors, exporters window

Specifically, the market capitalisation which opened at N24.034 trillion lost two billion naira to close at N24.032 trillion.

Also, the All-Share Index dipped 4.08 points to close at 44,604.74 against 44,604.74.

Consequently, the year-to-date return was unchanged at 4.4 per cent.

The market negative performance was driven by price depreciation in large and medium capitalised stocks which are; Custodian Investment, UACN, NEM Insurance, Stanbic IBTC Holdings and Unilever.

ALSO READ  FRC renews commitment to improve Nigeria’s revenue

Accordingly, market sentiment was negative with 15 laggards against 14 gainers.

NEM Insurance led the losers’ chart in percentage terms by 10 per cent to close at N3.96 per share.

Custodian Investment followed with 9.49 per cent to close at N7.15, while UACN lost 5.21 per cent to close at N9.10 per share.

FTN Cocoa Processors dipped 5.13 per cent to close at 37k, while Japaul Gold and Ventures shed 4.44 per cent to close at 43k per share.

On the other hand, Transcorp led the gainers’ chart in percentage terms by 9.71 per cent to close at N1.13 per share.

ALSO READ  Ekiti to get additional 204MW of electricity

Consolidated Hallmark Insurance followed with 7.94 per cent to close at 68k, while Regency Alliance Insurance up by 7.14 per cent to close at 45k per share.

Jaiz Bank rose by 6.06 per cent to close at 70k, while International Breweries gained 4.04 per cent to close at N5.15 per share.

Transactions in the shares of Transcorp topped the activity chart with 104.58 million shares valued at N115.22 million.

Jaiz followed with 66.71 million shares worth N45.05 million, while Mutual Benefits traded 13.75 million shares valued at N3.76 million.

FBN Holdings traded 12.59 million shares worth N151.30 million, while Guaranty Trust Bank Holding Company transacted 10.92 million shares worth N277.93 million.

ALSO READ  Ex-President Jonathan is Africa Agriculture Technology Ambassador

In all, the total volume traded increased by 20.8 per cent to 321.75 million shares valued at N3.66 billion in 4,565 deals.

This was in contrast with 266.33 million shares worth N3.82 billion achieved in 4,502 deals on Wednesday.

Tags: Stock market
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

July petrol pump price ranges between N140.80 and N143.80
Economy/Technology

Motorists shun petrol filling stations as pump price peaks

June 8, 2023
Stable petrol supply excites Buhari
Economy/Technology

Depot associations support subsidy removal, pledge 100 mass transit buses

June 8, 2023
“Naira-4-Dollar” getting results
Economy/Technology

Naira extends stability at investors, exporters window

June 8, 2023
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
Economy/Technology

Global economy in ‘precarious position’, World Bank warns

June 8, 2023
36 governors support fuel subsidy removal, other policies
Economy/Technology

36 governors support fuel subsidy removal, other policies

June 8, 2023
Tinubu denies manipulating NASS
Economy/Technology

Tinubu directs NEC to work on palliatives

June 7, 2023
Next Post
Customs generates N493.75bn in TinCan Island

Apapa Customs Command generates N870.39bn in 2021

Old pension scheme beneficiaries get a boost in entitlements

Pensioners hail use of technology-driven verification

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

CBN to introduce USSD code to improve eNaira

eNaira: CBN, Fintech Foundry to support 10 startups

August 14, 2022
U.S, others salute Buhari, Nigerians

Buhari salutes Emir of Zazzau

February 12, 2020
MPR increase: A journey away from single-digit interest rate – MAN

MPR increase: A journey away from single-digit interest rate – MAN

July 23, 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
  • Hoarding causes hike in prices of grains

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

    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

  • Motorists shun petrol filling stations as pump price peaks
  • Depot associations support subsidy removal, pledge 100 mass transit buses
  • Naira extends stability at investors, exporters window

Categories

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

© 2022 Domo Tech World - Powered by Thematterspress.

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

© 2022 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
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?