{"id":33745,"date":"2022-07-08T08:30:37","date_gmt":"2022-07-08T08:30:37","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=33745"},"modified":"2022-07-08T08:30:37","modified_gmt":"2022-07-08T08:30:37","slug":"ngx-investors-gain-n12bn-after-3-day-negative-posts","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/07\/08\/ngx-investors-gain-n12bn-after-3-day-negative-posts\/","title":{"rendered":"NGX: Investors gain N12bn after 3-day negative posts"},"content":{"rendered":"<header class=\"entry-header\" aria-label=\"Content\">\n<p class=\"entry-title\"><span style=\"font-size: 16px\">Investors gained N11.98 billion after a three-day consecutive negative trading at the nation\u2019s equities market.<\/span><\/p>\n<\/header>\n<div class=\"entry-content\">\n<p>The market capitalisation stood at N27.807 trillion, representing a 0.04 per cent, an increase from the N27.795 trillion recorded at close of trade on Wednesday.<\/p>\n<p>The gains were recorded majorly on trading of banks\u2019 stocks such as <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/11\/ngx-market-indicators-record-marginal-growth-up-0-06\/\"><strong>Guaranty Trust Holding Company(GTCO),<\/strong> <\/a>United Bank for Africa (UBA), Sterling Bank, among others.<\/p>\n<p>Also, the All Share Index (ASI) marginally gained one basis point to close at 51,7563.73 points from 51,556.54 points on Wednesday.<\/p>\n<p>This made the month-to-date and year-to-date performance to stand at 0.49per cent and 20.71 per cent, respectively.<\/p>\n<p>The market breadth\u00a0 was positive with 15 stocks in the gainers\u2019 chart as against 10 in the losers\u2019 chart.<\/p>\n<p>Academy Press recorded the highest price gain of 9.55 per cent to close at N1.72 per share.<\/p>\n<p>NAHCO followed with a gain of 9.41 per cent to close at N9.30 per share, while FTNCocoa rose by 9.38 per cent to close at 35k per share.<\/p>\n<p>Honey Flour rose by 9.39 per cent to close at N2.97, while Ikeja Hotel gained 8.20 per cent to close at N1.32 per share.<\/p>\n<p>On the other hand, RT Briscoe led the losers\u2019 chart by 8.11 per cent each, to close at 34k per share.<\/p>\n<p>UPDC depreciated by 7.87 per cent to close at N1.17 per share.<\/p>\n<p>Regal Insurance followed with a decline of 7.41 per cent to close at 25k per share, while Japaul Gold lost 3.45 per cent to close at 28k per share.<\/p>\n<p>Also, <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/27\/firstbank-launches-single-digit-loan-for-female-entrepreneurs\/\"><strong>First Bank of Nigeria Holdings (FBNH)<\/strong><\/a> lost 3.20 per cent to close at N10.60 per share.<\/p>\n<p>Meanwhile, shares of JaizbBank led the volume chart with 42.10 million shares valued at N36.61 million.<\/p>\n<p>GTCO followed with 19.45 million shares worth N396.76 million, while Sterling Bank traded 9.41 million shares valued at N14.08.<\/p>\n<p>UBA traded 6.87 million shares valued at N51.37 million, while NAHCO traded 5.18 million shares worth N46.14 million.<\/p>\n<p>Market activity as measured by volume of trades rose to 143,288 million units of shares, representing 5.94 per cent increase 135.259 million units traded the previous day.<\/p>\n<p>Also, the value of traded stocks went up by 22.07 per cent, standing at 1.756 billion as against a value of 1.439 billion recorded on Wednesday.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investors gained N11.98 billion after a three-day consecutive negative trading at the nation\u2019s equities market. The market capitalisation stood at N27.807 trillion, representing a 0.04 per cent, an increase from the N27.795 trillion recorded at close of trade on Wednesday. The gains were recorded majorly on trading of banks\u2019 stocks such as Guaranty Trust Holding [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":33769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[20],"tags":[3625],"class_list":["post-33745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-nigerian-exchange-ltd-ngx"],"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>NGX: Investors gain N12bn after 3-day negative posts &#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\/07\/08\/ngx-investors-gain-n12bn-after-3-day-negative-posts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NGX: Investors gain N12bn after 3-day negative posts\" \/>\n<meta property=\"og:description\" content=\"Investors gained N11.98 billion after a three-day consecutive negative trading at the nation\u2019s equities market. The market capitalisation stood at N27.807 trillion, representing a 0.04 per cent, an increase from the N27.795 trillion recorded at close of trade on Wednesday. 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