• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, July 6, 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

Equities market gains N137bn

Stocks

The Matters Press by The Matters Press
April 26, 2023
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

Equities market opened the week on Tuesday on a green note with a gain of N137 billion.

RELATED POSTS

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

Market capitalisation gained N137 billion to close at N28.1 trillion as against the N27.963 trillion posted at the last trading session on Thursday.

The All-Share Index rose by 250.75 points or an increase of 0.49 per cent to close at 51,606.49 points from 51,355.74 points recorded on Thursday.

The market gain was driven by price appreciation in large and medium capitalised stocks amongst which are MTN Nigeria Communications, Stanbic IBTC Holdings, Unilever Nigeria, Berger Paints and Access Holdings.

A broker stated that: “we expect bullish sentiments to resurface as investors look to take advantage of fundamentally sound stocks with low pricing, with the first quarter of 2023 earning season already underway.

“However, we see room for pockets of profit-taking activities.’’

Thirty-three stocks recorded gains on Tuesday, while nine lost in value.

Japaul Gold & Ventures recorded the highest price gain of 10 per cent to close at 33k per share.

Honeywell Flour Mills followed with a gain of 9.91 per cent to close at N2.55, while Berger Paints gained 9.87 per cent to close at N8.35 per share.

Transcorp rose by 9.8 per cent to close at N2.69, while Ikeja Hotels appreciated by 9.35 per cent to close at N1.52 per share.

Wapic Insurance led the losers chart as it dipped by 7.32 per cent to close at 38k per share.

Nigerian Exchange Group followed with a decline of 4.89 per cent to close at N25.30, while RT Briscoe declined by 4 per cent to close at 24k per share.

AIICO Insurance shed 3.64 per cent to close at 53k per share, while Royal Exchange Assurance dipped by 3.17 per cent to close at 61k per share.

Total volume of trade increased by 247.9 per cent to 2.09 billion units, valued at N8.849 billion, and exchanged in 6,404 deals.

Transactions in the shares of Transcorp topped the activity chart with 1.66 billion shares valued at N4.093 billion.

Access Holdings followed with 217.419 million shares worth N2.313 billion, while Fidelity Bank traded 30.706 million shares valued at N175.789 million.

Zenith Bank traded 27.553 million shares valued at N608.809 million, while United Bank for Africa transacted 18.212 million shares worth N143.601 million.

Tags: Stocks
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs

July 5, 2025
Veritas Kapital’s total assets hit N21.4bn
Economy/Technology

Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG

July 4, 2025
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

July 3, 2025
Group hails Presidential Council initiative, welcomes President Tinubu’s N2tn stabilisation package
Economy/Technology

Nasarawa showcases efficient use of fuel subsidy savings, exposes futility of Tinubu’s opposition’s mischief – TDF

July 1, 2025
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
Next Post
TCN upgrades Egbin Transmission Substation

TCN threatens sanction for erring market participants

Nigeria gets AfDB’s $14m as member of ATI

African governments must sustain development – AfDB

Recommended Stories

NBS reports increase in Inflation

World Bank blames CBN for inflation

January 4, 2023
Deep blue project excites LCCI

LCCI projects positive growth for year-end

December 1, 2022
Buhari arrives in Belgium ahead of EU-AU summit

Buhari arrives in Belgium ahead of EU-AU summit

February 16, 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
  • 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

  • Atiku’s mockery of Nigeria over Trump’s invitation to 5 African nation, a display of poor knowledge of global affairs
  • Nigeria’s new flood insurance policy laudable, needs quick application, says TMSG
  • Nigeria’s approval of dual NCE, B.Ed degrees in 15 colleges of education a good omen

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