• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, August 8, 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

Equity market rebounds with N154bn gain

Equity

The Matters Press by The Matters Press
January 12, 2023
Reading Time: 1 min read
0
Trading in Nigerian stock market dips further N83bn

The nation’s bourse rebounded on Wednesday with market capitalisation gaining N154 billion or 0.55 per cent or to close at N28.175 trillion as against N28.021 trillion recorded on Tuesday.

RELATED POSTS

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

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

‎Group celebrates 45% increase in federal revenue in just one month

Also, the All-Share index (ASI) gained 283.27 points or 0.55 per cent to settle at 51,729.87 as against N51,446.60 recorded on Tuesday.

The positive performance was driven by stocks of Zenith Bank, FBN Holdings and Guranty Trust Holding Company (GTCO).

As a result, the year-to-date (YTD) return declined to 0.93 per cent.

Market breadth closed positive as 18 stocks advanced, while 15 others declined.

A breakdown of price movement showed that Thomas Wyatt Nigeria topped the gainers’ table with a gain of 9.48 per cent to close N1.27 per share.

Champion Breweries trailed with a gain of 9.45 per cent to close at N4.75 while FTN COCOA Processors rose by 7.69 per cent to close at 28k per share.

Mutual Benefits Assurance was up by 6.67 per cent to close at 32k, while Courteville Business Solutions increased by 6.52 per cent to close at 49k per share.

Conversely, Challerams Plc led the losers’ table, dropping by 9.89 per cent to close at N1.64 per share.

Royal Exchange Assurance followed with a loss of 7.41 per cent to close at N1, while WAPIC Assurance declined by 6.54 per cent to close at 42k per share.

AXA Mansard dcreased by 6.54 per cent to close at N2, while RT Briscoe fell by 3.57 per cent to close at 27k 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 0.55 per cent.

A total of 281.94 million shares valued at ₦8.16 billion were exchanged in 3,679 deals.

Tags: Equity
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

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
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

‎Group celebrates 45% increase in federal revenue in just one month

July 28, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 2025
Nigeria’s Dangote refinery will cut Africa’s petrol import by 36%
Economy/Technology

‎ADC erred, APC administrations never spent $18bn on refineries-IMPI ‎

July 25, 2025
Next Post
NERC declares meters free under mass scheme

EEDC to provide customers metres in 48 hours

Customs generates N493.75bn in TinCan Island

Apapa customs breaks revenue record, rakes in N1.02trn

Recommended Stories

Lafarge Africa net sales increase by 27.1%

Lafarge Africa net sales increase by 27.1%

March 2, 2022
Nigeria emerges Africa biggest energy sector

UNECA urges Africa to explore renewable energy for industrialisation

February 28, 2023
Nigerian Breweries allots 78m shares

Nigerian Breweries replaced Ighodalo with Hiemstra

December 10, 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

  • ‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎
  • National Single Window initiative, a major step for efficient cross-border trade – TMSG
  • ‎Group celebrates 45% increase in federal revenue in just one month

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