ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Tuesday, May 24, 2022
Premium Times Nigeria
  • Home
  • Gender
  • 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
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
  • Home
  • Gender
  • 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
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Data and Infographics
    • Features and Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • #EndSARS Dashboard
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • #PandoraPapers
  • AUN-PT Data Hub
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Nigerian stocks halt advance amid bank shares sell-off

Nigerian stocks halt advance amid bank shares sell-off

The all-share index eased by 84.04 points to 47,202.30 points, while market capitalisation dropped to N25.4 trillion.

byRonald Adamolekun
February 11, 2022
1 min read

Nigerian stocks dipped 0.18 per cent on Friday, capping a week with a mixed bag of performances with a 57 per cent improvement in trade volume, compared with that of the previous session.

Traders dumped hefty volumes of shares in Zenith, GTCO, UBA and Seplat for sale, which outweighed the quantity that investors were willing to buy, triggering the slide.

However, market breadth was positive, with 19 gainers recorded compared to against 16 losers. The rest 74 stocks participating in Monday trading session reported no movement.

The all-share index eased by 84.04 points to 47,202.30 points, while market capitalisation dropped to N25.4 trillion.

Year to date, the index is up 10.5 per cent.

TOP FIVE GAINERS

Guinness led gainers, appreciating by 10 per cent to close at N60.50. NCR added 10 per cent to end trade at N3.30. SCOA advanced 9.88 per cent to N1.78. RT Briscoe rose to N0.39, notching up 8.33 per cent in the process. Lasaco completed the top 5, climbing up by 5.66 per cent to N1.12.

TOP FIVE LOSERS

Pharma Deko topped losers, depreciating by 8.84 per cent to close at N1.65. NEM shed 6.48 per cent to end trade at N3.32. Champion fell to N2.11, losing 5.80 per cent. Cutix slumped to N2.31, recording 4.94 per cent depreciation. International Breweries closed at N5.20, going down by 4.59 per cent.

TOP FIVE TRADES

A total of 311.5 million shares valued at N4.4 billion were traded in 4,916 deals.

Access Bank was the most active stock, trading 30.8 million shares worth N322.4 million traded in 258 deals. Sovereign Trust’s 30.8 million shares priced at N7.1 million exchanged hands in 34 transactions. NGX Group had 28.7 million shares valued at N773.2 million traded in 290 deals. Fidelity traded 23.8 million shares estimated at N69.8 million in 157 transactions. Chams traded 22.2 million shares valued at N4.9 million in 58 deals.

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

WATCH: Governor Yahaya Bello's Roadmap to Hope 2023

CITIZEN-FM AD


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: Why women cheat: what every Nigerian man should know







PT Mag Campaign AD

Previous Post

Buhari mandates inclusion of competent young people in FG boards, committees

Next Post

Macaulay leads D’Tigress over France, almost book Australia ticket

Ronald Adamolekun

Ronald Adamolekun

More News

Toyata Headquarters

Toyota to cut global production in June

May 24, 2022
The Central Bank of Nigeria, CBN. [PHOTO CREDIT: Ehud Kaduna]

BREAKING: Nigeria’s central bank raises interest rate from 11.5% to 13%

May 24, 2022
An NLPC PFA Building

NLPC repositions to capitalise on bond returns

May 24, 2022
Central Bank of Nigeria on the need for a Trade Remedies Legislation

Be realistic on interest rate decision, analysts tell CBN

May 23, 2022
NGX trading floor

Nigerian stocks extend slide as profit-taking deepens

May 23, 2022
Man on the phone [Photo: TechQuery]

With new healthcare charge, Nigeria’s phone call tax up 300% in three years

May 23, 2022
Next Post
D'Tigress beat France by two points

Macaulay leads D'Tigress over France, almost book Australia ticket

Susu's new single and music video 'So Natural' was released on Friday

Adesua Etomi launches music career, drops new single

Leave Comment

Search

AUN-PT Ad





Transport-Technology


Stanbic Ad


Access Bank Ad





Glo Ad


Subscribe to News via Email

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

Join 1,845,798 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
  • #PandoraPapers
  • Gender
  • 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
    • COVID-19
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Investigations
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • #EndSARS Dashboard
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • AUN-PT Data Hub
  • Opinion
  • The Membership Club
  • Dubawa
  • 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.