{"id":21317,"date":"2022-04-26T07:42:27","date_gmt":"2022-04-26T07:42:27","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=21317"},"modified":"2022-04-26T07:42:27","modified_gmt":"2022-04-26T07:42:27","slug":"stock-market-opens-week-with-n53-51bn-gain","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/04\/26\/stock-market-opens-week-with-n53-51bn-gain\/","title":{"rendered":"Stock market opens week with N53.51bn gain"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">The <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2021\/12\/23\/delisting-of-studio-press-from-ngx-concluded\/\">Nigerian Exchange (NGX) Ltd<\/a>. on Monday recorded a gain of N53.51billion following investors\u2019 interest in Union Bank and Access Bank.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Specifically, the market capitalization garnered N53.51billion or 0.17 percent to close at N26.17trillion from N26.125 trillion on Friday.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Also, the All-Share Index advanced by 99.26 points or 0.17per cent to close at 48,543.36 against 48,459.65 achieved on Friday.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Accordingly, the Month-to-Date and Year-to-Date gains increased to 3.4 percent and 13.7 percent respectively.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The result was impacted by gains recorded by Guaranty Trust Holding Company(GTCo), United Bank for Africa (UBA), Zenith Bank Stanbic Bank and First Bank Nigeria Holdings (FBNH), WAPCO and Dangote Cement.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Sectoral performance was positive, as Consumer Goods increased 2.5 percent, followed by Oil &amp; Gas with 1.4 percent while Insurance and Banking rose by 0.4 percent and 0.3 percent respectively.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The Industrial Goods, however, dropped by 1.1 percent, making it the only index loser in today\u2019s trading.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Overall, the market was positive with 42 gainers relative to 15 losers.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">UPCredit drove the gainers\u2019 chart in percentage terms by 10 percent to close at N3.85 per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Ikeja Hotel and Eternal Oil followed with a gain of 9.92 percent to close at N1.85 and N7.31 per share, respectively.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Oando went up by 9.9 percent to close at N6.44 while Sky Aviation appreciated by 9.89 percent to close at N7 per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">On the other hand, Unity Bank and Academy Press led the losers\u2019 chart in percentage terms by six percent to close at 47k and N1.10 per share respectively.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Japaul Gold followed with 5.88 percent to close at 32k per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">UPDC shed 4.49 percent to close at 85k, while WAPIC lost 4.35 percent to close at 44k per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Also, the total volume traded rose by 24.8 percent to 328.39 million units valued at N4.04 billion and exchanged in 5,711 deals.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Transactions in the shares of Zenith Bank topped the activity chart with 35.84 million shares valued at N912.15 million.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Oando followed with 30.817 million shares worth N198.28 million, while Mansard traded 23.07 million shares valued at N58.73 million.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Transcorp traded 20.68 million shares valued at N22.25 million, while FBNH transacted 20.09 million shares worth N240.04 million.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian Exchange (NGX) Ltd. on Monday recorded a gain of N53.51billion following investors\u2019 interest in Union Bank and Access Bank. Specifically, the market capitalization garnered N53.51billion or 0.17 percent to close at N26.17trillion from N26.125 trillion on Friday. Also, the All-Share Index advanced by 99.26 points or 0.17per cent to close at 48,543.36 against [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":18645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[19],"tags":[2216],"class_list":["post-21317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nigerian-exchange-ngx-ltd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stock market opens week with N53.51bn gain &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/04\/26\/stock-market-opens-week-with-n53-51bn-gain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock market opens week with N53.51bn gain\" \/>\n<meta property=\"og:description\" content=\"The Nigerian Exchange (NGX) Ltd. on Monday recorded a gain of N53.51billion following investors\u2019 interest in Union Bank and Access Bank. Specifically, the market capitalization garnered N53.51billion or 0.17 percent to close at N26.17trillion from N26.125 trillion on Friday. Also, the All-Share Index advanced by 99.26 points or 0.17per cent to close at 48,543.36 against [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/04\/26\/stock-market-opens-week-with-n53-51bn-gain\/\" \/>\n<meta property=\"og:site_name\" content=\"BROAD NEWS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-26T07:42:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/broadnews\/wp-content\/uploads\/sites\/11\/NGX.v2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"518\" \/>\n\t<meta property=\"og:image:height\" content=\"388\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Caleb Ijioma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Caleb Ijioma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/26\\\/stock-market-opens-week-with-n53-51bn-gain\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/26\\\/stock-market-opens-week-with-n53-51bn-gain\\\/\"},\"author\":{\"name\":\"Caleb Ijioma\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/#\\\/schema\\\/person\\\/4292f97d881ddced6dd70acdf5189fe8\"},\"headline\":\"Stock market opens week with N53.51bn gain\",\"datePublished\":\"2022-04-26T07:42:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/26\\\/stock-market-opens-week-with-n53-51bn-gain\\\/\"},\"wordCount\":346,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/26\\\/stock-market-opens-week-with-n53-51bn-gain\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/wp-content\\\/uploads\\\/sites\\\/11\\\/NGX.v2.png\",\"keywords\":[\"Nigerian Exchange (NGX) Ltd\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/26\\\/stock-market-opens-week-with-n53-51bn-gain\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/26\\\/stock-market-opens-week-with-n53-51bn-gain\\\/\",\"url\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/04\\\/26\\\/stock-market-opens-week-with-n53-51bn-gain\\\/\",\"name\":\"Stock market opens week with N53.51bn gain &#187; 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