• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Friday, June 13, 2025
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
No Result
View All Result
Elanza News
Home Business

Investors lose N36bn as NGX closes bearish

Nathaniel Irobi by Nathaniel Irobi
December 6, 2024
in Business
0
Investors lose N36bn as NGX closes bearish
0
SHARES
4
VIEWS
FacebookTwitterWhatsappEmailTelegram

RelatedPosts

SON Urges Collective Action Against Substandard Imports in Nigeria

Building Bridges: Nigeria’s Vision for Railway Investment

NCAA Unveils Propel System to Enhance Passenger Experience

The equity market closed on a negative note on Thursday, as the market capitalisation dropped by N36 billion or 0.06 per cent.

Specifically, the market capitalisation closed at N59.476 trillion compared to the opening value of N59.512 trillion.

Similarly, the All-Share Index (ASI) declined by 61 points or 0.06 per cent, ending the day at 98,114.11, down from 98,174.99 recorded on Wednesday.

Consequently, the Year-to-Date (YTD) return fell to 31.21 per cent.

The downturn was primarily driven by losses in key stocks, including Zenith Bank, Access Corporation, FBN Holdings and Aradel Holdings.

Market breadth, in spite of the overall bearish trend, closed positive with 35 gainers outperforming 16 losers on the floor of the Exchange.

Cornerstone Insurance and UPL led the gainers’ table by 10 per cent each to close at N3.30 and N3.36 per share respectively,while Red Star Express Ltd. led the losers’ table by 10 per cent to close at N4.41 per share.

Analysis of the market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 35.58 per cent.

A total of 723 million shares valued at N12.84 billion were exchanged in 8,495 deals, compared with 521.92 million shares valued at N19.93 billion traded in 9,420 deals posted in the previous session.

Champion Breweries led the activity chart in volume with 300.93 million shares, while Guaranty Trust Holding Company (GTCO) led the chart in value of deals worth N2.12 billion .(NAN)

ALSO READ:  AWDROP Elects Caretaker Committee
Tags: Investors
Nathaniel Irobi

Nathaniel Irobi

Related Posts

SON Urges Collective Action Against Substandard Imports in Nigeria

SON Urges Collective Action Against Substandard Imports in Nigeria

by Nathaniel Irobi
June 13, 2025
0

The Standard Organisation of Nigeria (SON) has condemned the overwhelming presence of substandard products in Nigerian markets, primarily attributed to...

Building Bridges: Nigeria’s Vision for Railway Investment

Building Bridges: Nigeria’s Vision for Railway Investment

by Nathaniel Irobi
June 13, 2025
0

The Nigerian Minister of Transportation, Senator Said Ahmed Alkali, has urged Chinese and foreign investors to consider investing in the...

NCAA Unveils Propel System to Enhance Passenger Experience

NCAA Unveils Propel System to Enhance Passenger Experience

by Nathaniel Irobi
June 13, 2025
0

The Nigeria Civil Aviation Authority (NCAA) has officially endorsed a new passenger-centric solution developed by a consortium to mitigate travel...

Recommended

DSK Celebrates Tarabans on Nigeria’s Democracy Day, Urges Governor Kefas to Deliver Good Governance

DSK Celebrates Tarabans on Nigeria’s Democracy Day, Urges Governor Kefas to Deliver Good Governance

9 hours ago
CIFCFIN Registrar Bags Chieftaincy Title, Abeneche Atta igala

CIFCFIN Registrar Bags Chieftaincy Title, Abeneche Atta igala

1 day ago

Popular News

  • Arewa group hails Tinubu’s inclusive appointments

    NURTW President Hails Tinubu’s Reforms, Urges Greater Support For Transport Sector

    0 shares
    Share 0 Tweet 0
  • Group Warns Against Attempt To Pitch Senator Katung Against Tinubu, Gov Uba Sani

    0 shares
    Share 0 Tweet 0
  • NAHCON Officials Grumble in Saudi Arabia Over Unpaid Allowances

    0 shares
    Share 0 Tweet 0
  • Environment Minister’s Scholarship Beneficiary Tops 2025 UTME In Northern Nigeria With 345 Score

    0 shares
    Share 0 Tweet 0
  • Kaduna Govt Unveils 345 Supervisory Councillors, Special Advisers Across 23 LGAs

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (25)
  • Business (725)
  • Education (213)
  • Entertainment (308)
  • Health (188)
  • National (2,091)
  • News (7,865)
  • Opinion (290)
  • Politics (1,577)
  • Science (15)
  • Security (404)
  • Sports (422)

Newsletter

© 2023 Elanza News - The No 1 online news platform

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
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform