• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, October 3, 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 recedes by 0.26%

Stocks

The Matters Press by The Matters Press
April 2, 2022
Reading Time: 1 min read
0
Trading in Nigerian stock market dips further N83bn

Transactions on the Nigerian equity market on Friday closed negative, reversing the previous day’s gain.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

The NGX-ASI declined by 0.26 per cent to 46,842.86 from 46965.48 posted on Thursday.

This indicated a year-to-date increase of 9.66 per cent.

The performance was due to sustained selloffs in Tier-1 banking, namely; Gauranty Trust Bank Company(GTCO), First Bank of Nigeria Holdings (FBNH) and Access Bank (ACCESSCORP).

Similarly, the market capitalisation also decreased to N25.253 trillion from N25.311trillion recorded on Thursday.

Analysts at GTI Securities say, “Bearish sentiment returns to the stock market, with the trading activities on equities remain dismal.

“We expect the coming week to continue with this trend as investments in other asset classes prevail.”

The market breadth closed negative as 12 stocks appreciated against 37 stocks that declined.

NAHCO led the gainers’ table in percentage terms increasing by 10 per cent to close at N4.29 per share.

Multiverse followed with 9.52 per cent to close at 23k, while Meyer Pharmaceutical added 9.09 per cent to close at 72k per share.

Fidelity Bank gained 7.19 per cent each to close at N3.43 per share.

On the other hand, Redstar Express shed 10 per cent to close at N2.70, while Total trailed with 9.97 per cent to close at N238.50 per share.

Conoil dipped 9.92 per cent to close at N22.25, while Cutix dropped 9.69 per cent to N2.05 per share.

Scoa was down by 9.66 per cent to close at N2.15 per share.

The total volume traded stood 257.33 million units, valued N2.86 billion, and exchanged in 4,586 deals.

This is 21.77 per cent decrease from 201.28 million units, value N2.63 billion in 4,017 deals achieved on Thursday.

Tags: Stocks
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
Nigeria gets AfDB’s $14m as member of ATI

AfDB, Dubai strengthen economic ties

SON sure to certify 75% products in Enugu, Ebonyi states by 2023

SON pledges enabling environment for MSMEs

Recommended Stories

New Year: Buhari to re-organise military, police to tackle crimes, insurgency

Buhari seeks expanded trade relations beyond gas exports to South Korea

October 26, 2022
Consumer commission, CBN, EFCC investigate violations in money lending

CBN retains MPR at 11.5%

January 25, 2022
Osinbajo mounts door steps’ campaign, visits locals

Osinbajo mounts door steps’ campaign, visits locals

December 4, 2018

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

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-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