Connect with us

News

Investors gain N100bn as Nigeria’s stock market rebounds from previous day’s loss

Published

on

The Nigerian capital market rebounded from Monday’s loss following the 0.4 percent rise in equity capitalization at the close of business today.

The equity capitalization rose by N100billion to close at N21.31 trillion compared to N21.21 trillion posted on Monday.

Similarly, the All-Share Index was up by 182.96 basis points to settle at 40,896.96 against 40,714 recorded the previous day.

Investors traded 563.88 million shares valued at N5.09 billion in 4,253 deals on Tuesday.

This surpassed the 191.31 million shares worth N2.59 billion that exchanged hands in 4,395 deals on Monday.

Champion Breweries topped the gainers’ chart after its share price rose by N0.23kobo to move from N2.30kobo to N2.53kobo per share.

Cornerstone share price was up by 9.80 percent to end trading at N0.56kobo from N0.51kobo per share.

First Bank gained N0.95kobo to move from N9.70kobo to N10.65kobo per share at the end of trading.

Sovereign Insurance share price appreciated by 9.09 percent to end trading with N0.24kobo from N0.22kobo per share.

Living Trust share price rose by 8.96 percent to move from N0.67kobo to N0.73kobo per share.

Consolidated Hallmark Insurance topped the losers’ chart after shedding 6.78 percent from its share price to drop from N0.59kobo to N0.55kobo per share.

Japaul Gold share price declined from N0.48kobo to N0.45kobo per share after losing 6.25 percent in its share price.

NEM share price lost 3 81 percent to end trading at N2.02 from N2.10kobo per share.

READ ALSO: Investors lose N80.4bn as market cap crashes by 0.4%

Ikeja Hotel share price declined from N1.14kobo to N1.10kobo per share after losing 3.51 percent from its share price during trading.

Oando completed the list as its share price lost N0.18kobo to end trading at N5.02 from N5.20kobo per share.

First Bank was the most active stock as investors traded 31.72 million shares worth N3.29 billion.

Champion Brew shares were traded at a volume of 49.91 million and valued at N126.29 million.

Ecobank was next with 38.05 million shares traded at a cost of N269.20 million.

UBA reported 22.53 million shares worth N181.40 million, while Fidelity Bank recorded over 16.55 million traded shares at a value of N43.35 million.

Join the conversation

Opinions

News5 mins ago

University Of Aberdeen to formally return looted Benin Bronze on Thursday

Business News5 mins ago

Sterling Bank Increases Investment in Waste Management

World17 mins ago

European Commission rejects formal pleas from 12 member nations to help finance border walls

Business News27 mins ago

Senate Seeks Improved Funding for ICPC

News31 mins ago

NNPC gets Nigerian govt’s approval to deploy N621.2bn tax liabilities on road projects

Sports35 mins ago

Eduardo Camavinga Is Set To Start Real Madrid’s La Liga Clash With Osasuna

Business News47 mins ago

Heirs Insurance Promises Customers Affordable Annuity Plans

News49 mins ago

Moment Naira Marley arrived court today for fraud trial

Metro59 mins ago

Final show in France for looted Benin treasures

Sports59 mins ago

West Ham Have Been Given Planning Permission To Increase The London Stadium’s Matchday Capacity To 62,500

Business News1 hour ago

Lagos, Others to Benefit from Korea, Nigeria Education Project

News1 hour ago

First Bank addresses Otedola, Hassan-Odukale’s leadership tussle

Sports1 hour ago

Joan Laporta Has Issued His Verdict On The Scenes That Engulfed Ronald Koeman After El Clásico

Business News2 hours ago

AU, World Bank Suspend Sudan over Military Coup

World2 hours ago

UK: Guardian smears groups protesting cost of resettlement of Afghan evacuees as ‘far-right’

News2 hours ago

FG lists Diezani’s bras, jewellery worth billions for sale

News2 hours ago

Ortom presents 2022 budget proposal of N155.6bn to Benue Assembly

Sports2 hours ago

Simon Jordan Has Stressed That The Sensible Thing For Newcastle United Would Be To Bring In An Interim Manager

Business News2 hours ago

Annual Reports: Tough Time Awaits Defaulting MDAs

News2 hours ago

“I will succeed Buhari as Nigeria’s president” – Gov Yahaya Bello

News24 hours ago

Buhari approves release of N30bn to polytechnics, colleges of education

Health24 hours ago

Eating Habits to Avoid If You Don't Want High Cholesterol

Entertainment23 hours ago

Nigerian boy who went viral for “mummy calm down” video makes Nollywood debut in Kunle Afolayan’s movie

News23 hours ago

Why Nigerian govt won’t go back on social media regulation – Lai Mohammed

News12 hours ago

10 top stories from Nigerian newspapers, Wednesday morning, October 27, 2021

Business News22 hours ago

Transactions on I&E FX Window Fall 26.9% to $851m in One Week

Business News24 hours ago

World Bank Blacklists 18 Nigerians, Firms

Entertainment24 hours ago

“You’re beautiful, he has no excuse to cheat” – Ex-Gov Fayose tells his son’s wife at their wedding (video)

Business News23 hours ago

Buhari Woos Foreign Investors With eNaira, Others

News22 hours ago

South-West governors meet on insecurity, investment

Entertainment23 hours ago

Fans gift BBNaija winner, Whitemoney a 24-carat customized gold chain (video)

Business News22 hours ago

NUC Selects UNILAG, Others for SPESSE Project

Entertainment23 hours ago

“I can’t be bullied” – Paul O blows hot after Cubana Chief Priest involved his daughter in Maria’s saga

News22 hours ago

Nigeria will heave sigh of relief when I succeed Buhari in 2023 – Yahaya Bello

Business News21 hours ago

Food Service App Jise Raises $100k for Quick Delivery

Technology14 hours ago

eNaira Review: Not User Friendly, Apps Contains Many Flaws as Nigerians Complain

News21 hours ago

Bauchi gov appoints 15 special advisers, six heads of agencies

World23 hours ago

Uganda: Muslims murder at least one person with bomb packed with nails and shrapnel at pork restaurant

Entertainment7 hours ago

Reality star, Ka3na flaunts new set of teeth, following teeth procedure ‘worth millions of naira’ (video)

Business News23 hours ago

Sam Onukwue Takes Charge as ASHON Chairman

Trending