ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Monday, May 23, 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 fall to two-week low

Nigerian stocks fall to two-week low

Stocks sank further in a N71 billion bank-led retreat.

byRonald Adamolekun
July 12, 2021
1 min read

Nigerian stocks diminished 0.36 per cent on Monday, extending their haul of consecutive losses to three, as traders and investors were more intent on selling shares than owning them.

The plunge cast a gloom on the possibility of equities posting consistent daily gains until the floodgate of earnings results, a key catalyst for price movement, is opened.

That was the bourse’s lowest level since June 29.

Tier 1 heavyweights Zenith and FBN Holdings steered the pullback alongside wireless operator MTNN as the proximity of earnings report failed to draw fresh capital to the market.

Market breadth, which weighs the level of investors’ confidence in the market, closed on a positive note as 16 gainers emerged compared to 13 losers.

The all-share index expanded 136.30 points to 37,857.89, while market capitalisation closed at N19.725 trillion.

Year to date, the index is down 5.99 per cent.

TOP FIVE GAINERS

Tripple Gee led the gainers’ chart, appreciating by 9.89 per cent to close at N1. Regal Insurance went up by 8.89 per cent to N0.49. UPDC rose to N1.30, notching up 7.44 per cent in the process.

FTN added 5.88 per cent to end today’s trade at N0.36. Mutual Benefit completed the top 5, climbing by 5 per cent to N0.42.

TOP FIVE LOSERS

CWG was the worst performing stock, declining by 9.52 per cent to close at N1.14. International Breweries shed 5.66 per cent to close at N5. Champion Breweries fell to N2.10, losing 3.23 per cent. FBN Holdings dipped to N7.50, recording 2.60 per cent depreciation. Mansard closed at N0.87, going down by 2.25 per cent.

TOP FIVE TRADES

In all, 187.244 million shares estimated at N2.890 billion were traded in 4,017 deals.

Zenith was the most active stock with 35.319 million units of its shares worth N870.866 million traded in 473 deals.

Sovereign Trust shares of 14.155 million units, priced at N3.946 million, exchanged hands in 25 transactions. UBA had 14.110 million shares valued at N106.098 million traded in 192 deals.

Mutual Benefits traded 13.544 million shares estimated at N15.566 million in 26 transactions. Transcorp traded 11.466 million shares valued at N1.042 million in 76 deals.

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

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

Nigerian media unite against Buhari govt’s quest to censor press

Next Post

Why joining APC is better for Cross River, Zamfara governors — Buhari

Ronald Adamolekun

Ronald Adamolekun

More News

Minister of Finance Budget and National Planning in the Buhari administration, Zainab Ahmed [PHOTO CREDIT: @FinMinNigeria]

Finance minister appoints Nwabuoku to oversee accountant-general’s office

May 22, 2022
MTN, Airtel, GLO, 9Mobile.

Nigerian telcos lose 17,030 subscribers in nine months

May 21, 2022
Minister of Central and Digital Economy, Femi Adeluyi

Nigerian govt initiates tax, other support package for startups

May 21, 2022
Naira and Dollars

Naira gains but black market decline continues

May 20, 2022
Innoson Group of Companies

Why we’re launching tricycle production in Nigeria — Innoson

May 20, 2022
Basil Omiyi

Seplat Energy appoints Omiyi to replace Orjiakor as chairman

May 19, 2022
Next Post
Buhari meets Matawalle, Ayade in State House [PHOTO: Presidency]

Why joining APC is better for Cross River, Zamfara governors -- Buhari

Patrick Akpobolokemi, Former NIMASA Boss

Alleged N8.5bn Fraud: EFCC’s forensic examiner testifies against ex-NIMASA boss, Akpobolokemi

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 1,844,515 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.