• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, May 5, 2026
  • 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 records N40bn gains

Stock

The Matters Press by The Matters Press
March 12, 2022
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

The equities market of the Nigerian Exchange Ltd., (NGX) on Friday appreciated by N40 billion.

RELATED POSTS

IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar

ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR

Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

Specifically, the market capitalisation closed for trading at N25.566 trillion, compared with N25.526 trillion on Thursday; an increase of N40 billion.

Also, the NGX All-Share Index appreciated by 0.16 per cent, increasing to 47, 437.48 basis points, from 47,363.98 basis points recorded on Thursday.

The sustained bullish market sentiment in the sub-sector level indices recorded mixed directions.

The NGX Banking and the NGX Insurance indices rose by 0.34 percent and 0.28 per cent respectively.

However, the NGX Oil/Gas index fell by 0.35 per cent while the NGX Consumer Goods and the NGX Industrial indices closed flat.

Gains were recorded by 21 companies, while 21 also had losses.

Niger Insurance led the gainers chart, with 10 per cent, to close at 22 kobo, followed by R.T Briscoe that grew by 8.95 per cent to close at 73 kobo.

UPDC increased by 7.61 per cent to close at 99 kobo per share, while UACN gained 7.69 per cent to close at 74 kobo.

On the losers chart, Royal Exchange Assurance led with a drop of 9.7 per cent to close at N1.21, followed by ELLAHLAKES ithat depreciated by 9.57 per cent to close at N3.12

Pharmdeko down by eight per cent to close at N1.84 as Linkage Insurance dropped by 7.14 per cent to close at 52 kobo.

In addition, Unilever shed 5.71 per cent to close on Friday at N13.20.

In terms of value, trading decreased by 56.97 per cent to close at N7.03 billion in 3,928 deals from N4.48 billion in 4,672 deals recorded on Thursday.

FCMB was the most traded stock in terms of volume, with 932.89 million units of shares worth N3.49 billion, followed by Zenith Bank traded stock of 29.94 million units of share worth about N805.65 million.

Access Bank sold 22.51 million units of shares worth N227.82 million, followed by Fidelity Bank traded 19,309,721 million units of share worth N55.16 million.

Tags: Stock
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Tinubu explains mission as he marks second year in office
Economy/Technology

IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar

April 29, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR

April 29, 2026
Calabar Port receives 72 vessels in 5 months
Economy/Technology

Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

April 18, 2026
TMSG to ADC: You are a motley crew of power mongers, palace jesters
Economy/Technology

TMSG to ADC: You are a motley crew of power mongers, palace jesters

April 6, 2026
NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity
Economy/Technology

NLC’s insistence on eating the seed and expecting a harvest is a metaphor for an absurdity

April 3, 2026
Presidential aides hail IMPI’s boss, Akinsiju at 63, commend his role in advancing Nigeria’s reform.
Economy/Technology

Why Nigeria must use oil windfall to build a more resilient economy – IMPI

March 30, 2026
Next Post
Intimidation, cyber-bullying by loan sharks

Exploitation of Nigerians by online loan lenders worries FCCPC

CIIN president tasks Insurance directors on manpower development

Adoption of technology, digital solutions drive insurance claims payment

Recommended Stories

Python will dance in South East

Python will dance in South East

January 6, 2019
Experts validate Nigeria’s implementation strategies for success under AfCFTA

CBN reviews cash withdrawal limits to N500,000, N5m

December 22, 2022
Economists Challenge IMF on call for further VAT increase in Nigeria

Strengthening social protection key to Africa’s development – IMF

April 17, 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
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    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
  • 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

  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
  • ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR
  • Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

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