Nigerian stocks gain N431.9 billion, lifted by strong corporate results

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

NGX 30, the index that tails the 30 biggest stocks on the exchange, climbed 0.82 per cent to its summit since March 12, 2018.

The all-share index was up by 801.18 basis points at 49,638.9. Similarly, market capitalisation advanced to N26.8 trillionNEM grew by 10 per cent to N4.40. Academy Press gained 9.7 per cent to close at N1.47. Cadbury rose by 9.63 per cent to N10.25.Champion Breweries leapt to N2.52, notching up 9.6 per cent in the process. Julius Berger completed the top 5, climbing up by 9.35 per cent to N30.4.NPF MFB declined 10 per cent to N1.98. Trans-Nationwide Express fell to N0.81, losing 9 per cent.

Eterna dipped to N6.02, recording 7.4 per cent loss. Cornerstone Insurance closed at N0.59, going down by 4.8 per cent. Honeywell shrank by 4.4 per cent to end the day at N16.20.Transcorp was the most preferred stock today with 36.1 million units of its shares worth N42.2 million traded in 203 deals. AIICO had 27.1 million units of its shares priced at N20.9 million exchanged hands in 146 transactions.

FCMB had 22.1 million shares valued at N84.6 million traded in 112 deals. FBN Holdings traded 16.5 million shares estimated at N197 million in 150 transactions. Access Holdings traded 15.5 million shares valued at N150.5 million in 318 deals.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Let see it on ground jare

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Seplat, 33 stocks lead stock market’s N143 billion gain | The Guardian Nigeria News - Nigeria and World NewsThe Nigerian Exchange Limited (NGX), yesterday, sustained the bullish trading as gain in Seplat Energy and 33 stocks lifted capitalisation by N143 billion.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Equities market gains as 18 stocks appreciateThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »

UBA Posts N183bn Earnings As Q1 Profit Hits N44bnUnited Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2022, posting a gross earnings of N183.9 billion
Source: LeadershipNGA - 🏆 4. / 77 Read more »