ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Friday, March 5, 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
Nigerian Stock Exchange (NSE)

Nigerian Stock Exchange (NSE)

Nigeria equities market closes Easter Holiday with 1.47 per cent growth

byAgency Report
April 9, 2020
2 min read

The Nigerian Stock Exchange (NSE) on Thursday extended a positive stance, closing the Easter Holiday with a growth of 1.47 per cent.

Specifically, the All-Share Index appreciated by 310.77 points or 1.47 per cent to close at 21,384.03 compared with 21,073.26 achieved on Wednesday.

Similarly, the market capitalisation garnered N162 billion or 1.47 per cent to close at N11.144 trillion in contrast with N10.982 trillion on Wednesday.

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are: Nestle Nigeria, Seplat, Stanbic IBTC, Dangote Sugar Refinery and Lafarge Africa.

Commenting, Ambrose Omordion, the Chief Operating Officer, InvestData Ltd., attributed the seeming strength returning to the market after two months of decline due to Coronavirus pandemic to low price of equities.

Mr Omordion said investors were taken advantage of the prevailing low prices to accumulate fundamentally sound stocks.

Market breath remained positive with 24 gainers and 12 losers.

Dangote Sugar led the gainers’ chart in percentage terms, increasing by 9.74 per cent to close at N10.70 per share.

United Bank for Africa (UBA) followed with a gain of 9.73 per cent to close at N6.20 per share.

RelatedNews

Nigerian Army debunks troops desertion reports

Kwara governor imposes curfew, deploys soldiers to quell renewed Offa/Erin-Ile clash

FRSC operatives flee office as Offa/Erin-Ile communal clash flares again

Nigerian lawmaker, Yuguda Hassan-Kila, is dead

Cadbury and Lasaco Assurance improved by 9.52 per cent each, to close at N6.90 and 23k per share respectively.

READ ALSO: NSE: Investors lose N222 billion in six hours

Sterling Bank appreciated by 9.45 per cent to close at N1.39 per share.

On the other hand, Omatek Ventures dominated the losers’ chart in percentage terms, dropping by 8.82 per cent to close at 31k per share.

Dangote adbanner 728x90_2 (1)

Chams Plc and Unity Bank followed with a decline of 8.70 per cent each, to close at 21k and 42k per share respectively.

Jaiz Bank shed 7.84 per cent to close at 47k, while Skyway Aviation Handling Company depreciated by 7.41 per cent to close at N2 per share.

However, the total volume of shares traded decreased by 9.09 per cent as investors bought and sold 314.91 million shares worth N5.02 billion exchanged in 5,427 deals.

This was against a turnover of 346.41 million shares valued at N5.22 billion achieved in 4,660 on Wednesday.

Transactions in the shares of FBN Holdings topped the activity chart with 56.02 million shares worth N261.55 million.

UBA followed with 37.77 million shares valued at N228.43 million, while Lafarge Africa sold 34.99 million shares worth N444.41 million.

ADVERTISEMENT

Guaranty Trust Bank accounted for 31.62 million shares valued at N596.09 million, while Zenith Bank transacted 28.28 million shares worth N388.40 million.

The News Agency of Nigeria (NAN) reports that the stock market will reopen on April 14 as the Federal Government has declared April 10 and 13 as public holidays to mark Easter celebrations.

(NAN)

  • 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

Ekiti govt. approves downward review of 2020 budget

Next Post

Coronavirus: I’ve received racist insults, death threats — WHO chief

Agency Report

Agency Report

More News

Nigeria Stock Exchange trading floor

NSE: Negative sentiment persists as stocks shed N82 billion

March 4, 2021
Dollar and Naira bills [Photo credit: NairaFX]

Naira strengthens on I&E window

March 4, 2021
Food items in a market

Global food prices rise for nine straight month in February — FAO

March 4, 2021
Dangote refinery

Major oil marketers oppose proposal to allow only Dangote Refinery, others import fuel

March 4, 2021
Federal Secretariat, Abuja

FG extends work from home directive for GL12 officers, below

March 4, 2021
Nigerian stocks Exchange

Nigerian stocks deepen loss on profit-taking in WAPCO, MTN, Zenith

March 3, 2021
Next Post
World Health Organisation (WHO) Director-General, Tedros Ghebreyesus at the coronavirus press conference in Geneva

Coronavirus: I've received racist insults, death threats -- WHO chief

Governor of Borno State, Babagana Zulum [PHOTO: Thecable.ng]

Boko Haram: Zulum briefs Buhari on Chadian military operation along Lake Chad

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

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

Join 1,629,094 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
  • 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
    • 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.