• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 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

Nigerian equity market rebounds by N379bn

Stock

The Matters Press by The Matters Press
July 30, 2022
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

Bullish sentiment returned to the equity market on the Nigerian Exchange Ltd. on Friday, following investors’ interest stocks of Zenith Bank and MTN Nigeria which made it the first gain of the week.

RELATED POSTS

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

Specifically, the market capitalisation garnered N379.16 billion or 1.04 per cent to close at N27.162 trillion from N26.78 trillion on Thursday.

Also, the All-Share Index advanced by 703.11 points or 1.04 per cent to close at 50.370.25 against 49,667.14 achieved on Thursday.

Accordingly, the year-to-date returns increased to 17.92 per cent.

Overall, the market was positive with 25 gainers relative to 13 losers.

Union Bank drove the gainers’ chart in percentage terms by 10 per cent to close at N5.50 per share.

Multiverse Mining & Exploration followed with a gain 9.94 per cent to close at N1.88, while UCAP rose by 9.90 per cent to close at N11.10 per share.

Transcorp went up by 9.80 per cent to close at N1.12, while Nigerian Exchange Group (NGXGroup) appreciated by 9.75 per cent to close at N21.95 per share.

On the other hand, PZ Plc led the losers’ chart in percentage terms by 9.5 per cent to close at N8.50 per share.

Caverton Offshore Support Group followed with 9.09 per cent to close at N1 per share.

Wema Bank shed 8.36 per cent to close at N3.29 while Academy Press lost 7.50 per cent to close at N1.85 per share, while Courtville Business Solutions declined by 8.98 per cent to close at 40k per share, respectively.

Also, the total volume traded rose by 24.8 per cent to 254.77 million units valued at N2.81 billion and exchanged in 4,905 deals.

Transactions in the shares of LivingTrust Mortgage Bank topped the activity chart with 50 million shares valued at N60 million.

Zenith Bank followed with 22.7 million shares worth N459.26 million, while Flour Mills of Nigeria traded 18.85 million shares valued at N575.08 million.

United Bank for Africa (UBA) traded 15.56 million shares valued at N108.14 million, while First Bank of Nigeria Holdings transacted 15.24 million shares worth N164 million.

Tags: Stock
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$2.5 billion JBS investment, a big economic victory for Nigeria –  TDF
Economy/Technology

Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

June 27, 2025
ActionAid, SWOFON call for urgent completion of BOA recapitalisation
Agriculture

N1.5trn recapitalisation of Agric bank will herald food security – TMV

June 26, 2025
Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF
Energy

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

June 25, 2025
Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope
News

Tinubu’s Visit to Benue, Mark of True Leadership, Renewed Hope

June 25, 2025
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
“Naira-4-Dollar” getting results

Naira drops at Investors and Exporters window

What Central Bank did to First Bank, experts excited as new directors emerge

FBN Holdings records N359.2bn gross earnings in 6 months

Recommended Stories

Nigeria moves to roll out plan to boost livestock

Nigeria topmost livestock producer in West Africa

April 30, 2022
Africa’s remittance inflows hit $72b

Senate to reduce Nigeria’s borrowing

January 13, 2022

Customs intensifies awareness campaign

December 11, 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
  • 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

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

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