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

Stock market gains by 0.35%

Stock

The Matters Press by The Matters Press
March 9, 2023
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

Transactions on the Nigerian Exchange Ltd. (NGX) on Wednesday ended on a positive note with market indices appreciating by 0.35 per cent.

RELATED POSTS

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

Tinubu explains mission as he marks second year in office

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

The market capitalisation declined by N107 billion to close at N30.397 trillion in contrast with N30.29 trillion achieved on Tuesday.

Similarly, the All-Share Index, which opened at 55,603.94 shed 197.20 points or 0.35 per cent to close at 55,801.14.

The market’s positive performance was primarily driven by interest in stocks of Dangote Cement, MTN Nigeria, Royal Exchange, amongst others.

The year-to-date (YTD) return rose to 8.88 per cent.

Trans-Nationwide Express recorded the highest price gain to lead the gainers’ chart, appreciating by 9.88 per cent to close at 89k, per share.

Cutix trailed with a gain of 8.5 per cent to close at N2.17 and FTN Cocoa Processors grew by 7.69 per cent to close at 28k, per share.

Sovereignity Trust Insurance was up by 7.14 per cent to close at 30k, while Honeywell Flour appreciated by 6.39 per cent to close at N2.33 per share

Conversely, MRS topped the losers’ table, dropping by 9.88 per cent to close at N27.95 per share.

Asssociated Bus Transport (ABC) followed by losing 7.89 per cent each to close at 35k, while Chams dropped by 7.41 per cent to close at 25k per share.

Also, Ardova depreciated by 6.2 per cent to close at N17.40, while Royal Exchange decreased by 5.33 per cent to close at 71k per share.

Analysis of the activity chart indicated that Courteville Business Solutions emerged the most active in volume terms, having accounted for 34.61 million shares worth N16.61 million.

It was followed by United Bank for Africa (UBA) with an exchange of 15 million shares valued at N127.31 million, and Guranty Trust Holding Company (GTCO) sold 12.75 million shares worth N335.93 million.

Mansard Assurance exchanged 8.28 million shares valued at N16.58 million, while Dangote Cement sold 7.32 million shares worth N2.09 billion.

In all, investors staked N3.57 billion on 152.74 million shares transacted in 3,293 deals.

Tags: Stock
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Senate probes $3.5b with NNPC
Economy/Technology

Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling

May 30, 2025
Nigerians to own brand new vehicles, goods through new credit scheme initiative
Economy/Technology

Tinubu explains mission as he marks second year in office

May 29, 2025
Chevron, NNPC secure $1.4bn for drilling project
Economy/Technology

Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

May 26, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Pope’s invitation to Tinubu reflects Nigeria’s relevance in global affairs -TMSG

May 24, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
Economy/Technology

Tinubu espouses Nigeria’s unity, diversity at Pope Leo’s inauguration

May 22, 2025
Eulogising Africa’s efforts in midwifing a Covid-19 vaccine
Economy/Technology

Nigeria’s ongoing health reform gets global endorsement with Pate’s honour by Time Magazine

May 21, 2025
Next Post
NCDMB to host local content investment forum

NCDMB, BoI partner on oil, gas park fund scheme

New Naira notes unavailable even as CBN campaigns for acceptance

Banks issue old notes in FCT, customers hesitant

Recommended Stories

NDDC moves to spur corporate governance structure

NDDC, OGFTZA move to establish industrial parks

September 16, 2023
Pace of work on Lekki Deep Seaport excites minister

Emefiele says Lagos Free Zone to decongest Apapa, Tincan Island ports

March 6, 2022
Stakeholders brainstorm on Nigeria’s energy transition plan

Nigeria worries over non-investment in energy transition plan

September 20, 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

  • Senate’s stance on Nigeria’s Legislature-Executive Relationship, thrilling
  • Tinubu explains mission as he marks second year in office
  • Increasing oil rigs, a big score for Nigeria’s petroleum sector reforms

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