ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Thursday, March 4, 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 Trading floor [Photo: blogs.cfr.org]

Nigerian Stock Exchange (NSE) Trading floor [Photo: blogs.cfr.org]

MTN Nigeria lifts NSE market indices further by 0.38 per cent

byAgency Report
August 13, 2020
2 min read
ADVERTISEMENT

Transactions maintained an upward trend on Thursday with the market indicators appreciating further by 0.38 per cent, amid MTN Nigeria gains.

Specifically, the All- Share Index rose by 95.49 points or 0.38 per cent to close at 25,236.97 compared with 25,141.48 posted on Wednesday.

In the same vein, the market capitalisation rose by N50 billion or 0.38 per cent to close at N13.165 trillion against N13.115 trillion achieved on Wednesday.

The upturn was impacted by gains recorded in medium and large capitalised stocks, amongst which are; Nigerian Breweries, Unilever Nigeria, MTNN, Stanbic IBTC Holdings and Flour Mills.

Capital market watchers attributed the renewed positive trend of the market to rising crude oil price at the international market and hope for interim dividend.

AXA Mansard Insurance led the gainers in percentage terms, gaining 9.66 per cent to close at N1.59 per share.

Consolidated Hallmark Insurance came second with 8.82 per cent to close at 37k, while Unilever appreciated by 8.33 per cent to close at N13 per share.

Prestige Assurance went up by 8.16 per cent to close at 53k, while Nigerian Breweries appreciated by 5.88 per cent to close at N36 per share.

On the other hand, Ikeja Hotel led the losers’ chart in percentage terms, declining by 9.90 per cent to close at 91k per share.

RelatedNews

Osun Assembly reverses policy on local government administration

Gunmen kidnap Chinese contractor in Ekiti

Mob ties teenager to electric pole for ‘stealing’ mother’s cooking utensil

Osinbajo urges EU not to stop financing Nigeria’s gas projects

Academy Press followed with a decline of 8.97 per cent to close at 30k, while Champion Breweries also lost 8.97 per cent to close at 71k per share.

Unity Bank shed 8.47 per cent to close at 54k, while Neimeth International depreciated by five per cent to close at N1.90 per share.


READ ASLO: NSE: Trading returns to negative territory, ASI down 0.35 per cent

Transcorp topped the activity chart with 105.499 million shares valued at N429.954 million.

Dangote adbanner 728x90_2 (1)

Zenith Bank followed with 25.66 million shares worth N429.95 million, while Chams traded 22.94 million shares valued at N4.83 million.

Guaranty Trust Bank traded 12.53 million shares worth N311.02 million, while FBN Holdings transacted 7.84 million shares worth N39.59 million.

In all, the total volume of shares traded increased by 25.97 per cent to 258.08 million shares worth N1.68 billion achieved in 3,640 deals.

This was in contrast with a total of 204.88 million shares valued at N3.83 billion recorded in 3,636 deals on Wednesday.

(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

Insecurity: CAN declares August 23 day of intercessory prayer

Next Post

Anambra monarchs protest suspension by Gov. Obiano, say “nothing warrants it”

Agency Report

Agency Report

More News

Nigerian stocks Exchange

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

March 3, 2021
African Development Bank (AfDB)

African Development Bank approves $27 million loan to Egypt for solar plant

March 3, 2021
Oil Barrels used to illustrate the story. [Photo credit: ThePointNG]

Oil prices rise as OPEC+ unlikely to raise output

March 3, 2021
Nigeria Market street [PHOTO CREDIT: Financial Times]

Blockade: Meat scarcity, high food prices persist in Lagos, Ibadan, others

March 3, 2021
Fertiliser debt stalls salaries of Kaduna council workers – Chairman

Nigeria, Morocco endorse protocols for fertilizer plant

March 3, 2021
Nigerian Economy

Naira gains at parallel market

March 2, 2021
Next Post
Anambra State Governor, Willie Obiano

Anambra monarchs protest suspension by Gov. Obiano, say “nothing warrants it”

RB Leipzig vs Atletico Madrid [PHOTO: TW: @ChampionsLeague]

Champions League: RB Leipzig knock out Atletico Madrid

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 1,627,660 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.