• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Tuesday, July 1, 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

Investors lose N64bn in bearish trading

Stock

The Matters Press by The Matters Press
November 29, 2022
Reading Time: 1 min read
0
Trading in Nigerian stock market dips further N83bn

The Nigerian Exchange Ltd. (NGX) lost N64 billion, 0.25 per cent, as market capitalisation closed at N25.837 trillion on Monday compared with N25. 901 trillion on Friday.

RELATED POSTS

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

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

Also, the All-Share Index (ASI) lost by 117.89 points or 0.25 per cent to settle at 47,436.45 from 47,554.34 recorded on Friday.

The downturn was due to sell-offs in Tier-One banks and Industrial stocks – Zenith Bank, Stanbic Bank and BUA Cement.

Consequently, the year-to-date (YTD) return fell to 11.05 per cent.

However, market breadth closed flat as 12 stocks were on the laggard’s and gainers’ table respectively.

Prestige Ansurance recorded the highest price gain of 9.30 per cent to close at 47k per share.

NEM Insurance followed with a gain 9.22 per cent to close at N4.50, while Courteville Business Solutions appreciated by 8.70 per cent to close at 50k per share.

Dangote Cement went up by 7.77 per cent to close at N238.50 per share.

Also, Thomas Wyatt Nigeria rose by 8.33 per cent to close at 39k.

Unity Bank inched up by 7.55 per cent to close at 57k, per share.

On the other hand, Beta glass led the losers’ chart by 9.90 per cent to close at N39.60 per share.

McNicholas followed with a decline of 9.68 per cent to close at 56k and Scoa Nigeria shed 9.40 per cent to close at N1.06 per share.

Jaiz Bank lost 6.82 per cent to close at 82k, while WAPIC insurance shed 5.71 per cent to close at 33k per share.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 71.71 per cent.

A total of 279.28 million shares valued at N1.56 billion were exchanged in 3,781 deals.

Tags: Stock
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Property owners besiege FCT office to pay ground rent
Economy/Technology

Transformational in FCT in line with Tinubu’s Renewed Hope agenda

June 30, 2025
China’s agricultural wholesale products prices continue to drop
Agriculture

Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus

June 29, 2025
$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
Next Post
Stakeholders hail SON @ 50

Stakeholders hail SON @ 50

Greedy Nigerians fall victims of Ponzi schemes

NDIC builds capacity to step up regulatory actions on Ponzi schemes

Recommended Stories

AfCFTA’s potential for enterprises dominates discussion

Nigeria, key partner to AfCFTA’s success – AfDB

November 13, 2023
UK unions seek higher minimum wages for Britons

FG reiterates commitment to harmonise public workers’ salaries

November 14, 2022
3,000 manufacturers to attend global fair on industrial solution in Lagos

Manufacturer advocates local raw materials usage

December 6, 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

  • Transformational in FCT in line with Tinubu’s Renewed Hope agenda
  • Ignore Atiku’s claim to dilute historic mechanised farming deal with Belarus
  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group

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