ADVERTISEMENT
  • The Membership Club
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Tuesday, May 17, 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 short-lived rally as consumer goods shares lead retreat

Nigerian stocks halt short-lived rally as consumer goods shares lead retreat

The benchmark index was down by 0.01 per cent.

byRonald Adamolekun
July 15, 2021
1 min read

Nigerian stocks inched down by 0.01 per cent on Thursday, partly surrendering parts of the paltry gain posted at Wednesday’s trade, as investors cringed mostly from consumer goods equities, stoking worries as to how soon the downturn in the market would end.

Greater volumes of shares in beer-maker Nigerian Breweries, UPDC, Vitafoam, GTCO and Dangote Cement were put up for sale than the size investors were willing to buy, putting a bourse that had reported four losses in its last five session under more strain.

However, market breadth, which measures the extent of investor confidence in the market, was positive pitting 18 advancing stocks against 16 laggards.

The benchmark index was down by 5.65 basis points to 37,866.90 points, while market capitalisation slipped to N19.729 trillion at the end of trade.

The index has shed 5.97 per cent since the turn of the year.

TOP FIVE GAINERS

Sovereign Trust led gainers, growing by 10 per cent to close at N0.33. FTN Cocoa gained 9.76 per cent to close at N0.45. CWG rose by 9.65 per cent to N1.25. AIICO leapt to N1.15, notching up 9.52 per cent in the process. Red Star Express completed the top 5, climbing up by 8.04 per cent to N3.36.

TOP FIVE LOSERS

Ikeja Hotel topped the losers’ table, declining by 9.29 per cent to close at N1.27. UPDC shrank by 9.09 per cent to end at N1.30. WAPIC tumbled to N0.54, losing 8.47 per cent. UPL dipped to N1.41, recording 7.24 per cent loss. Unity Bank closed at N0.59, going down by 6.35 per cent.

TOP FIVE TRADES

A total of 159.997 million shares worth N927.859 million were traded in 3,038 deals.

Sovereign Trust was the most preferred stock with 14.947 million of its shares worth N4.754 million traded in 26 deals. Fidelity had 13.481 million shares priced at N32.159 million exchanged hands in 124 transactions. Wapic had 11.956 million shares valued at N6.497 million traded in 40 deals. UPDC traded 11.245 million shares estimated at N15.263 million in 88 transactions. Courteville traded 9.810 million shares valued at N2.168 million in 13 deals.

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

CITIZEN-FM AD

1X Bet 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: To place an advert here . Call Willie - +2348098788999


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes





PT Mag Campaign AD

Previous Post

Health experts seek more effective, affordable vaccines to tackle Tuberculosis

Next Post

ROUND-UP: How Senate passed electoral amendment bill amid disagreement, rowdiness

Ronald Adamolekun

Ronald Adamolekun

More News

resident of the African Development Bank (AfDB), Akinwumi Adesina,

2023: I’ll not run for president – Adesina

May 17, 2022
Naira Notes

Naira sees big fall against dollar

May 16, 2022
Lagos market [Photo Credit: naija247news.com]

Food inflation hits 18.8% amid increase in bread, energy prices

May 16, 2022
McDonald's ad. [PHOTO CREDIT: McDonald's]

McDonald’s, Renault exit Russian market

May 16, 2022
Traders at the NGX trading floor

Nigerian stocks record first fall in six days after inflation data release

May 16, 2022
Bitcoin used to illustrate the story.

Bitcoin extends dip, falls below $30,000

May 16, 2022
Next Post
Nigerian senate chambers where senators attend plenary

ROUND-UP: How Senate passed electoral amendment bill amid disagreement, rowdiness

Senate President, Ahmed Lawan in plenary [PHOTO CREDIT: @NgrSenate ]

Senate confirms Buhari's nominee for INEC job despite petition

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 1,838,813 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.