ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Friday, April 16, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
UPCREDIT was the most preferred stocks Tuesday with 755.008 million units of its shares traded. The index is up by 0.06 per cent.

Nigeria Stock Exchange trading floor

NSE market capitalisation sustains growth with N6 billion

byAgency Report
March 5, 2020
2 min read

The Nigerian Stock Exchange (NSE) on Thursday maintained positive trend for the third consecutive day with the market capitalisation improving by N6 billion.

The News Agency of Nigeria (NAN) reports that the market capitalisation, which opened at N13.764 trillion, rose by N6 billion to close at N13.770 trillion.

Also, the All-Share Index (ASI) rose by 10.66 points or 0.04 per cent to 26,426.20 against 26,415.54 achieved on Wednesday.

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Stanbic IBTC, Ecobank Transnational Corporation (ETI), Zenith Bank, Guaranty Trust Bank and United Bank for Africa.

Analysts at Afrinvest Limited expected market performance to remain bullish at the end of the week as investors take advantage of undervalued stocks.

Market breadth closed positive with 24 stocks, compared with 11 losers.

Chams led the gainers’ table in percentage terms, growing 10 per cent, to close at 22k per share.

READ ALSO: Saudi, Gulf stocks fall after attacks on Aramco oil plants

Stanbic IBTC Holdings followed with 9.85 per cent to close at N35.70, while Skyway Avaition Handling Company rose by 9.83 per cent to close at N2.57 per share.

Cutix improved 9.60 per cent to close at N1.37, while UACN Property Development appreciated by 9.41 per cent to close at 93k per share.

RelatedNews

Strike continues as FG, governors postpone meeting with judiciary workers

Sunday Oliseh’s ‘Audacity to Refuse’ hits bookstands

Twitter: APC replies PDP, says Nigeria remains Africa’s biggest economy, top investment destination

Malabu: Police quiz anti-corruption activist, Suraju, over Adoke’s forgery allegation

Conversely, GlaxoSmithKline recorded the highest loss in percentage terms, dropping by 9.52 per cent to close at N3.80 per share.

Jaiz Bank followed with a decline of 8.20 per cent to close at 56k, while NEM Insurance decreased by 7.49 per cent to close at N1.73 per share.

Eterna dipped 7.34 per cent to close at N2.02, while Nestle Nigeria lost 5.83 per cent to close at N1,017 per share.

Dangote adbanner 728x90_2 (1)

Transactions in the shares of Guaranty Trust Bank topped the activity chart, having accounted for 75.79 million shares valued at N1.89 billion.

Zenith Bank followed with 62.75 million shares worth N1.25 billion, while Red Star Express traded 61.83 million shares valued at N184.24 million.

UBA sold 42.897 million shares worth N302.94 million, while United Capital transacted 33.18 mil0lion shares valued at N104.63 million.

In all, the volume of shares traded rose by 40.4 per cent with a total of 431.92 million shares worth N7.82 billion in 4,518 deals.

This was in contrast with 307.72 million shares valued at N2.81 billion exchanged in 4,419 deals on Wednesday.

(NAN)

ADVERTISEMENT
  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Elizabeth Warren ends U.S. presidential campaign

Next Post

Oshiomhole blames Gov Obaseki, others for ordeal

Agency Report

Agency Report

More News

Securities and Exchange Commission (SEC)

SEC working with CBN on crypto trading regulation, says DG

April 16, 2021
CHEVRON logo used to illustrate the story. [Photo credit: Guardian Nigeria]

PENGASSAN suspends strike over Chevron’s plan to sack 600 workers

April 16, 2021
A Bureau De Change, BDCs, operator

Naira stable at official, parallel markets

April 15, 2021
L-R Abdussamad Rabiu, Aminu Dantata and Governor Abdullahi Ganduje

Sugar War: Ganduje, Kano leaders wade in; meet Dangote, Rabiu

April 15, 2021
Power Plant used to tell the story.

Nigeria suffers massive power outage as several plants break down

April 15, 2021
Nigerian Economy

Naira gains at official market

April 15, 2021
Next Post
Adams Oshiomhole

Oshiomhole blames Gov Obaseki, others for ordeal

University of Lagos (UNILAG). [Photo credit: Students Nigeria]

UNILAG management suspends 51st convocation

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


Explore Akwa Ibom Ad


Explore Akwa Ibom Ad


Access Bank Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,652,526 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
    • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.