• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, August 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 Economy/Technology

Gains on blue chip companies lift NGX index 1.25%

Stocks

The Matters Press by The Matters Press
April 21, 2022
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

Transactions on the Nigerian Exchange Ltd., (NGX) on Wednesday maintained a positive posture with the market indices increasing by 1.25 per cent due to gains recorded by some blue chip companies.

RELATED POSTS

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

Tinubu succeeding where Obasanjo failed woefully, says TMSG

The market capitalisation upgraded by N320 billion to close at N25.95 trillion in contrast with N25.63 trillion achieved on Tuesday.

Similarly, the All-Share Index (ASI) which opened at 47,545.86 points closed at 48,138.71, representing 1.25 per cent.

Market analysts at Vetiva Research said, “Market witnessed an unexpected positive close in some counters that have been trading flat in recent sessions, while sustaining its profit taking activities in the banking space.

“We anticipate a further mixed activity tomorrow as investors continue to cherry pick attractive counters across board.”

NAN reports that Eterna Oil recorded the highest price gain in percentage terms, to lead the gainers’ chart, appreciating by 10 per cent to close at 50k per share.

Japaul Gold also had a gain of 10 per cent to close at 3k and Guinness rose by 9.96 per cent to close at N7.45 per share.

Meyer was up 9.66 per cent to close at 17k, while WAPIC appreciated by 9.52 per cent to close at 4k per share.

Conversely, UnionDicon topped the losers’ table, dropping by 9.6 per cent to close at 95kper share.

CWG followed with a loss of 9.28 per cent to close at 9k and JohnHolt depreciated by 8.97 per cent to close at 7k per share.

Regal Insurance went down by 8.57 per cent to close at 3k while Sunu Assurance shed by 8.33 per cent to close at 3k per share.

Analysis of the activity chart indicated that Universal Insurance emerged the most active in volume terms, having accounted for 73.05 million shares worth N14.61 million.

It was followed by Zenith Bank with an exchange of 33.65 million shares valued at N571.51 million and Fidelity Bank sold 20.73 million shares worth N79.96 million.

United Bank for Africa (UBA) exchanged 20.06 million shares valued at N160.5 million, while Mutual Benefits Assurance sold 16.37 million shares worth N3.95 million.

In all, investors staked N3.699 billion on 349.56 million shares transacted in 4,587 deals against 365.45 million shares worth N7.11 billion achieved in 5, 790 deals on Tuesday.

Tags: Stocks
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Nigeria regains top crude oil production spot in Africa
Energy

‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals

August 28, 2025
Who is lying, Obasanjo or NAN?
News

‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient

August 28, 2025
Obasanjo campaigns for AfCFTA
News

Tinubu succeeding where Obasanjo failed woefully, says TMSG

August 28, 2025
Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Next Post
Ondo chocolates hit European markets in July

Ondo chocolates hit European markets in July

Fraud in banking sector, mostly insider instigated

Premium Trust Bank enters Nigeria’s financial sector

Recommended Stories

Firms bid for Ajaokuta steel

Nigeria spends $400m on Ajaokuta Steel – Buhari

December 29, 2022
Buhari returns from Paris peace forum

Buhari returns from Paris peace forum

November 15, 2018
CAC, Pakistani investors on economic diversification

Nigeria’s plan to grow creative sector into $100bn industry exciting

August 25, 2024

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

  • ‎TMSG welcomes halt in oil theft on pipelines taking crude to export terminals
  • ‎Group dismisses Obasanjo’s labelling of Tinubu’s administration as inefficient
  • Tinubu succeeding where Obasanjo failed woefully, says 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