• About
  • Advertise
  • Careers
  • Contact Us
Thursday, June 26, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Home Economy Finance

NGX: Stock Market Records N165bn Gains

By; Tobi Adetunji

by Techeconomy
February 22, 2024
in Finance
0
ngx, nigeria stocks investors
stocks trading

stocks trading

UBA
Advertisements

Nigeria’s equities markets gained about N165 billion on Wednesday as investors saw an opportunity for re-entry in value stocks that are currently priced low.

Investors’ interest in stocks like BUA Cement, FBN Holdings, and other top advancers pushed the market to a positive close.

BUA Cement rose from N142.95 to N150, up by N7.05 or 4.934.93 percent, while FBN Holdings went up from N26.10 to N28.70, adding N2.60 or 9.96 percent.

Meanwhile, Okomu Oil Palm led the league of decliners after its share price dropped from a high of N270 to N243, losing N27 or 10 percent.

The market has risen this year by 35.56 percent, while this month it is up by 0.21 percent. Week-to-date (WtD), the market has dropped by 4.12 percent.

At the close of trading, the market was up by 0.30percent as its benchmark Index and equities value rose to 101,362.38 points and N 55.463 trillion from the preceding day’s lows of 101,060.67 points and N55.298 trillion.

In terms of trade on the floor of the NGX, overall trade value a negative movement is witnessed, with a decline of 1.2%. This amounted to N6.55 billion.

On the other hand, the overall trade volume trended positively, increasing by 18.18% to reach 302.74 million units traded through  8,6111 deals.

The market defied market watchers’ expectation that the bearish trend seen since this week to continue.

In  8,611 deals, investors exchanged 302,739,517 shares valued at N6.552billion. FBN Holdings, Japaul Gold, Transcorp, Veritas, and GTCO were actively traded stocks.

Loading

Advertisements
MTN ADS

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares
Tags: BUA CementFBN HoldingsNGX
Techeconomy

Techeconomy

Next Post
Kemi Nanna Nandap, comptroller-general, Nigeria Immigration Service

PROFILE - Kemi Nanna Nandap, Nigeria’s New Immigration Boss

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

Innovator Influencing Citizen Participation in 2023 Elections? Apply for Scaling Civic Tech Solutions

Innovator Influencing Citizen Participation in 2023 Elections? Apply for Scaling Civic Tech Solutions

2 years ago
Verve Good Life Promo 4.0

With Verve Good Life Promo 4.0,  The Journey to Prosperity Begins with a Single Transaction

2 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.