• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, June 28, 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 closes on positive note, gains N166bn

Stocks

The Matters Press by The Matters Press
December 6, 2023
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

Lagos, Dec. 6, 2023:The equity market on Nigerian Exchange Ltd. (NGX) on Tuesday closed on a positive note, making All-Share Index (ASI) and Market Capitalisation closed with a gain of N166 billion.

RELATED POSTS

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

N1.5trn recapitalisation of Agric bank will herald food security – TMV

Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

The Market Capitalisation closed at N38.989 billion as against N38.823 billion posted during the previous trading, representing 0.43 per cent increase.

Also, the NGX All-Share Index increased by 303.34 points or 0.43 per cent to close at 71,250.17 basis points, as against 70,946.83 recorded on Monday.
The NGX ASI year-to-date return was at 39.02 per cent while market activities measured by volume traded increased by 20.93 per cent.

The total volume traded advanced by 20.93 per cent to close at N433.57 million valued at N11.11 billion and traded in 7,016 deals.

UACN was the most traded stock by volume with N61.71 mlion, while Nigerian Infrastructure Debt Fund (NIDF) was the most traded stock by value with N2.22 billion units traded.

The market recorded 40 gainers, 15 losers, and 64 unchanged.

Secure Electronic Technology led the gainers’ chart in percentage terms by 10 per cent to close at 77k per share.

Multiverse Mining and Exploration followed with a gain 9.95 per cent to close at N7.07, while Sunu Assurance rose by 9.92 per cent to close at N1.33 per share.

First Bank of Nigeria Holdings(FBNH) went up by 9.86 per cent to close at N26.75, while Thomas watt Nigeria appreciated by 9.82 per cent to close at N3.02 per share.

On the other hand, Abbey Mortgage Bank led the losers’ chart in percentage terms by 9.88 per cent to close at N1.55 per share.

FTN Cocoa Processors of Nigeria followed with 9.09 per cent to close at N1.50 per share.

Daar Communications shed 8.82 per cent to close at 31k, while Wapic Insurance s lost 7.14 per cent each to close at 65k.

Also, Veritable Kapital declined by 5.41 per cent to close at 35k per share.

“We expect the bullish sentiment to persist into tomorrow’s trading session in the absence of any negative catalyst,” noted analysts at Parthian Securities Ltd.

Tags: Stocks
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

$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
79 candidates for presidential election
News

Tinubu’s new INEC building: A consolidation of democratic institutions, legacy in Nigeria – TDF

June 23, 2025
Gombe: Troops take over to enforce peace
News

Nigerian Army kills 6,260 terrorists, rescues 5,365 civilians in 2 years

June 20, 2025
Next Post
NERC declares meters free under mass scheme

TCN will restore electricity to Niger Republic if..

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

Manufacturer advocates local raw materials usage

Recommended Stories

PENCOM launches radio programme

PenCom approves acquisition of pension operators by GTCO, FCMB

March 3, 2022
Jaiz Bank expands with new branches

Inflation hits 12% in Nigria

May 21, 2020
Customs Service, EU partner to monitor export, facilitate trade

Customs Service, EU partner to monitor export, facilitate trade

February 28, 2024

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

  • Tinubu’s N60b Intervention in Gombe Agro-Livestock Zone excites group
  • N1.5trn recapitalisation of Agric bank will herald food security – TMV
  • Lamido Wrong on Tinubu’s June 12 Role, haunted by his anti-democratic past- TDF

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