• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • About
  • Advertise
  • Privacy Policy
Friday, June 6, 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

Stock market rebounds, investors gain N97bn

Nathaniel Irobi by Nathaniel Irobi
August 7, 2024
in Business
0
Stock market rebounds, investors gain N97bn

Stock market rebounds, investors gain N97bn

0
SHARES
2
VIEWS
FacebookTwitterWhatsappEmailTelegram

RelatedPosts

10 Stockbroking Firms Trade N2.14trn Worth of Stock in Five Months

Currency in Circulation Hits N5.01trn as Cash Outside Banks Declines

APM Terminals Apapa, GIVO Launch Recycling Hub to Tackle Plastic Waste

The Nigerian stock market rebounded with positive momentum on Wednesday, adding N97 billion to investors’ portfolios.

Specifically, the market capitalisation of listed equities, which opened at N55.033 trillion, advanced by 0.18 per cent or N97 billion to N55.130 trillion.

The All-Share Index also increased by 0.18 per cent or 171 points to settle at 97,098.98, against 96,928.52 recorded on Tuesday.

Consequently, the Year-To-Date return rose to 29.86 per cent.

Market breadth also closed positive with 27 gainers and 22 losers.

On the gainers’ table, Redstarex led by 10 per cent to close at N4.18, Oando trailed closely by 9.98 per cent to close at N33.60 per share.

RT Briscoe and United Capital gained 9.90 per cent each to close at N1.11 and N16.10 per share respectively, while Industrial and Medical Gases added 9.87 per cent to close at N17.25 per share.

On the other hand, Neimeth led the losers’ table by 7.69 per cent to close at N1.80, Honeywell Flour followed by 6.10 per cent to close at N3.85 per share.

Sovereign Trust Insurance  dropped 5.56 per cent to close at 51k, Deap Capital Management and Trust Plc declined by four per cent to close at 48k, and Ecobank Transnational Incorporated shed 3.72 per cent to close at N20.70 per share.

Analysis of the market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 89.59 per cent.

ALSO READ:  Tinubu's 50% Transportation Palliatives: Nigerians overflow with gratitude to president

A total of 636.50 million shares worth N12.77 billion was exchanged in 9,744 deals, in contrast to 449.21 million shares valued at N6.74 billion traded in 9,381 deals posted in the previous session.

Meanwhile, Access Corporation emerged as the most traded stock in volume with 112.62 million shares worth N2.11billion.

Also, Guaranty Trust Holding Company (GTCO) led in value with 74.34 million shares valued at N3.34 billion.(NAN

Tags: Market
Nathaniel Irobi

Nathaniel Irobi

Related Posts

Market Highlights: ₦63.79 Billion in Trades on the NGX This Week

10 Stockbroking Firms Trade N2.14trn Worth of Stock in Five Months

by Nathaniel Irobi
June 2, 2025
0

A total of 10 stockbroking firms traded N2.14 trillion worth of stocks between January and May of 2025 as the...

2025 Hajj: CBN approves cash-based BTA for pilgrims

Currency in Circulation Hits N5.01trn as Cash Outside Banks Declines

by Nathaniel Irobi
June 2, 2025
0

Currency in circulation (CIC) in Nigeria climbed to N5.015 trillion in April 2025, up marginally from N5.003 trillion in March,...

APM Terminals Apapa, GIVO Launch Recycling Hub to Tackle Plastic Waste

APM Terminals Apapa, GIVO Launch Recycling Hub to Tackle Plastic Waste

by Nathaniel Irobi
June 2, 2025
0

In a strategic move to combat plastic pollution and foster environmental sustainability in Apapa, APM Terminals Apapa, Nigeria’s largest container...

Recommended

Abia: Gov Otti Spends N40 billion to Clear Salary, Pension Arrears

Abia: Gov Otti Spends N40 billion to Clear Salary, Pension Arrears

7 days ago
Love Always On: itel Donates Learning Materials, Bags, and Solar Power to students on Children’s Day

Love Always On: itel Donates Learning Materials, Bags, and Solar Power to students on Children’s Day

6 days 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
  • Abuja Estate Firm Announces Customer Loyalty Rewards

    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 (719)
  • Education (213)
  • Entertainment (307)
  • Health (188)
  • National (2,072)
  • News (7,779)
  • Opinion (285)
  • Politics (1,565)
  • Science (15)
  • Security (403)
  • Sports (414)

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