• Privacy Policy
  • Terms
  • About us
  • Contact Us
Friday, March 24, 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 Economy/Technology

Stock Market extends losing streak, down 2.26%

Stock

The Matters Press by The Matters Press
August 10, 2022
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

The Nigerian Exchange Ltd. (NGX) on Tuesday extended losing streak, making the benchmark index down by 2.26 per cent.

RELATED POSTS

AfDB, BCI promote women’s access to finance in Africa with $485,000

Cooking gas price increased by 24.05% in one year – NBS

Nigeria inaugurates Committee on African Growth and Opportunity Act

The All-Share Index (ASI) dipped 1,139.02 points or 2.26 per cent to close at 49,350.71 against 50,489.73 posted on Monday.

Also, the market capitalisation shed N614.35 billion to close at N26.62 trillion compared with N27.23 trillion achieved on Monday.

Consequently, the Year-to-Date return dropped to 15.53 per cent.

ALSO READ  Nigeria names railway stations after prominent citizens

The downtrend was impacted by losses recorded in large and medium capitalised stocks, amongst which are, Dangote Cement and MTN Nigeria.

Market breadth closed negative, with 16 gainers and 11 losers.

Prestige Insurance and NEM Insurance recorded the highest price in percentage terms, with a gain of 10 per cent each to close at 44k and N3.74 per share, respectively.

Ellah Lakes followed with a 9.78 per cent to close at N3.93 per share, while Multiverse Mining and Exploration gained 9.75 per cent to close at N2.06 per share.

Ikeja Hotel appreciated by 9.28 per cent to close at N1.06 per share.
Conversely, Conerstone Insurance led the losers’ chart with a loss of 9.33 per cent to close at 68 per share.

ALSO READ  Nigeria’s `Naira for Dollar’ incentive for more inflow, fortify currency

Dangote Cement followed with 9.06 per cent to close at N241, while Japaul Gold and Ventures depreciated by 8.11 per cent to close at 34k per share.

Sovereign Trust Insurance dropped 7.41 per cent to close at 25k, while Stanbic Bank lost 6.45 per cent to close at N29 per share.

Also, the total volume traded closed with an exchange of 140.61 million shares valued at N1.6 billion achieved in 3,895 deals.

Transactions in the shares of Japaul Gold and Ventures topped the activity chart with 3.2 million shares valued at N8.95 million.

AIICO Insurance followed with 14.8 million shares worth N8.84 million, while Sterling Bank traded 14.3 million shares valued at N21.41 million.

ALSO READ  CBN gets support of Olubadan, sensitises Nigerians on new notes

Sovereign Trust Insurance sold 10.1 million shares worth N2.58 million, while Guaranty Trust Holding Company (GTCO) accounted for 7.85 million shares worth N160.97 million.

Tags: Stock
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Traditional female weavers yearn to boost earnings
Economy/Technology

AfDB, BCI promote women’s access to finance in Africa with $485,000

March 24, 2023
SON alerts on second hand gas cylinders
Economy/Technology

Cooking gas price increased by 24.05% in one year – NBS

March 24, 2023
Economy/Technology

Nigeria inaugurates Committee on African Growth and Opportunity Act

March 24, 2023
Nigeria urged to create enabling space for Fintech operators
Economy/Technology

CBN debunks viral news suspending fintech companies’ accounts

March 24, 2023
Reliable data critical in eradicating child labour- NBS boss
Agriculture

Food prices continue to rise in February- NBS

March 24, 2023
Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

CBN confirms evacuation of banknotes, directs banks to open for weekend operations

March 24, 2023
Next Post
“Naira-4-Dollar” getting results

Naira gains against dollar by 0.52%

SMEDAN to disburse N5.2m start-up grants to cooperatives

MSMEs can cause revolution in industry –SMEDAN

Leave a Reply Cancel reply

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

Recommended Stories

CIIN president tasks Insurance directors on manpower development

Insurance practitioners sensitise Nigerians on indemnity

April 9, 2022
SON alerts on second hand gas cylinders

Stakeholders canvass willing seller, willing buyer pricing framework for gas

June 29, 2022
Nigeria plans to increase groundnut production, processing

Nigeria plans to increase groundnut production, processing

December 14, 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

  • AfDB, BCI promote women’s access to finance in Africa with $485,000
  • Cooking gas price increased by 24.05% in one year – NBS
  • Nigeria inaugurates Committee on African Growth and Opportunity Act

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • 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?