• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Saturday, July 5, 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 records another loss as all-Share index down 1.30%

Stock

The Matters Press by The Matters Press
February 21, 2024
Reading Time: 2 mins read
0
Trading in Nigerian stock market dips further N83bn

Lagos, Feb. 21, 2024: The domestic bourse on Tuesday extended losses from its previous session, bringing the All-Share Index down by 1.30 per cent or 1,333 points to close at 101,060.67.

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

This is against 102,393.23 recorded on Monday.

Bearish sentiment in BUA Cement, Zenith Bank and Guaranty Trust Holding Company (GTCO) brought the market further to a negative terrain.

Consequently, investors lost N730 billion, as the Nigerian Exchange Ltd (NGX) market capitalisation which opened at N56.028 trillion closed at N55.298 trillion.

As a result the Year-To-Date (YTD) return fell to 35.16 per cent.

Analysis of the market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 10.90 per cent.

A total of 256.16 million shares valued at N6.63 billion were exchanged in 8,783 deals, compared to 273.85 million shares valued at N7.44 billion exchanged in 9,688 deals posted in previous session.

On the laggards’ table, Honeywell Flour Mills led in percentage terms of 10 to close at N3.60, BUA Cement followed closely by 9.98 per cent to close at N142.95 per share.

PZ Cusson Nigeria trailed by 9.75 per cent to close at N27.30, UPDC Real Estate Investment Trust lost 9.32 per cent to close at N5.35, while NEM Insurance shed 8.63 per cent to close at N6.35 per share.

Conversely, Juli Plc led the gainers table by 9.94 per cent to close at N1.77, while Eterna Plc rose by 6.17 per cent to close at N17.20 per share.

Veritas Kapital also gained N5.97 per cent to close at 71k, Geregu garnered 3.68 per cent to close at N985 and Tantalizers grew by 2.63 per cent to close at 39k per share.

Meanwhile, Transcorp led the activity table with 39.75 million shares valued at N529 million, United Bank of Africa (UBA) sold 26.03 million shares worth N625 million.

Fidelity traded 25.48 million shares valued at N271 million, Zenith Bank sold 21.1 million shares worth N751 million and GTCO transacted 13.80 million shares valued at N535.51 million.

Market breadth closed negative with 42 declining issues outnumbering six advancing ones.

Tags: Stock
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
Senate probes $3.5b with NNPC

Probe of N30trn Ways and Means funding hits Nigeria

Mangal, Sinoma in deal for $600m cement factory

Nigeria threatens to open borders for inflow of cement amidst price hike

Recommended Stories

States ignore their responsibilities, snub governance

Tinubu’s ban on foreign trips for officials, another laudable cost-cutting move – TMSG

March 27, 2024
President Tinubu’s Independence Day speech, indicative of light at the end of the tunnel

IMF’s endorsement of Nigeria’s home grown economic reforms exciting – TSF

November 25, 2024
NERC declares meters free under mass scheme

Adelabu pledges stable, accessible power

August 22, 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

  • 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