Saturday, June 3, 2023
  • HOME
  • MARKETS & COMPANIES
  • BUSINESS & ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • ROAD TRANSPORT
    • SMEs
    • STARTUPS
    • TECH
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • FEATURES
  • AE MAGAZINE
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result
  • Setup menu at Appearance » Menus and assign menu to Main Navigation
Financial Street
No Result
View All Result

Nigerian stock market rebounds as investors gain N178.14bn

Ehime Alex by Ehime Alex
March 22, 2021
in Stock Market
0
No disruption to operations, NSE assures at first digital closing gong
2
SHARES
21
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

The Nigerian stock market started the week on a positive note, as the All-Share Index increased by 0.89 per cent to 38,722.87 basis points.

As the market capitalisation fell by 0.89 per cent to close at N20.26tn, investors gained N178.14bn.

READ ALSO

NGX ASI closes in green with 1.22% increase

NGX ASI dips by 0.68%, closes at N23.949tn

At the close of Monday’s trading, 26 stocks advanced against eight stocks that traded down.

Read Also:

  • Obiano celebrates children, urges parents to prioritise education
    Obiano celebrates children, urges parents to prioritise…

Amid the renewed positive sentiment, the Year-to-Date loss of the ASI was -3.88 per cent.

Investors were bullish on mid and large cap tickers, as Stanbic IBTC Holdings, United Bank for Africa, BUA Cement, Ardova and UAC of Nigeria lifted their respective share prices by 10 per cent, 1.47 per cent, 5.08 per cent, 3.70 per cent and 6.67 per cent.

Breakdown across sectors tracked showed a strong bullish performance with four out of five indices closed positive.

The insurance, consumer goods, oil and gas and industrial indices advanced by 0.44 per cent, 0.29 per cent, 0.14 per cent and 2.12 per cent respectively, while the banking index fell by 0.01 per cent.

Trading activity was weak, as total deals, volume and value of stocks traded declined.

At the close of the day’s trading, the total volume of trade declined by 4.60 per cent to 277.23 million units valued at N3.05bn in 4,299 deals.

Tags: InvestorsNigerianStock market

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Ehime Alex

Ehime Alex

Ehime Alex reports the Capital Market, Energy, and ICT. He is a skilled webmaster and digital media enthusiast.

Related Posts

NGX ASI closes in green
Front Page

NGX ASI closes in green with 1.22% increase

November 21, 2022
NGX ASI closes in green
Front Page

NGX ASI dips by 0.68%, closes at N23.949tn

November 14, 2022
NGX ASI closes in green
Front Page

Bullish move heralds NGX Nov trade

November 7, 2022
NGX ASI closes in green
Front Page

NGX ASI closes in red

October 31, 2022
NGX ASI closes in green
Stock Market

Bulls return on NGX floor as ASI appreciates by 0.46%

October 17, 2022
NGX ASI closes in green
Front Page

Bearish trend heralds October trading at NGX

October 10, 2022
Next Post
Can CBN stop cryptocurrency trading?

Like Gates, Nigerian dropouts create crypto remittance firm


Naira4Dollar Rates
ADVERTISEMENT

RECENT STORIES

Obiano celebrates children, urges parents to prioritise education

Obiano celebrates children, urges parents to prioritise education

May 31, 2023
May 25: Why Politics Matters for Africa’s Development

May 25: Why Politics Matters for Africa’s Development

May 26, 2023
celebrates

Technocracy: Roadmap to successful Nigerian economy

May 19, 2023
failure

Governance failure kills basic services, says Ezekwesili

April 28, 2023
foreign

Eminent Nigerians, foreigners to honour Ezekwesili at birthday symposium

April 26, 2023
Ezekwesili

Oby Ezekwesili: The joys of sacrifice

April 25, 2023
Muslim

Obiano felicitates with Muslims, urges unity among Nigerians

April 21, 2023

TRENDING

  • naira devaluation

    What naira devaluation means for Nigeria’s economy

    0 shares
    Share 0 Tweet 0
  • Impact of fintech on Nigerian economy

    0 shares
    Share 0 Tweet 0
  • Why Nigerian consumers prefer foreign goods

    0 shares
    Share 0 Tweet 0
  • Why big and small businesses are turning to digital marketing

    5 shares
    Share 5 Tweet 0
  • May 25: Why Politics Matters for Africa’s Development

    0 shares
    Share 0 Tweet 0
Financial Street

© Financial Street 2021. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • HOME
  • MARKETS & COMPANIES
  • BUSINESS & ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • ROAD TRANSPORT
    • SMEs
    • STARTUPS
    • TECH
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • FEATURES
  • AE MAGAZINE
  • CORPORATE RENDEZVOUS