Skip to content
July 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

Watch Online
  • Home
  • Business & Economy
  • Nigeria’s equity market rebounds, capitalisation gains N401bn
  • Business & Economy

Nigeria’s equity market rebounds, capitalisation gains N401bn

Admin December 29, 2023
The nation’s bourse on Thursday rebounded with unprecedented profit, as the market capitalisation gained N401 billion or 0.99 per cent to close at N40.776 trillion, as against N40.375 trillion recorded on Wednesday.
The All-Share Index (ASI) also grew by 733.94 or 0.99 per cent to settle at 74,502.58  points, as against 72,404.9 recorded previously.
As a result, the Year-to-d
Date(YTD) return rose to 43.94 per cent.
The improved performance was driven by increase in the sale of stocks of Axa Mansard Insurance, Multiverse and Julius Berger.
Access Holdings led the the traders chart in volume by N23.42 million, while MTN Nigeria led in value by N792.51 billion units.
On the gainers chart, Ikeja Hotel led in percentage terms of 10 per cent to close at N5.50k, followed by Multiverse which closed by 9.96 per cent at N16.89 and Julius Berger which closed by 9.94 per cent at N39.80.
Industrial and Medical Gas(IMG)gained N12.25 at 9.87 per cent, while Inifinity closed at N5.47 by 9.84 per cent.
On the loosers chart, UACN led in percentage terms by 10 per cent to close at N12.15 per share, while Johnholt followed to close by 9.73 per cent at N2.32 and DeepCap closed at 9.38 per cent at 58k per share.
RTBrisco lost 8.96 per cent to close at 61k, while UCAP shed 7.53 per cent to close at N22.10(NAN)
Tags: AXA Mansard Insurance equity Julius Berger MTN Nigeria Multiverse NGX

Post navigation

Previous Who dares rechristen the University of Ilorin, asks Tunde Olusunle 
Next 7 years after, Delta community, Ubulu-Uku, receives her King

Related Stories

Nigeria tops Africa’s AI ranking
  • Business & Economy

Nigeria tops Africa’s AI ranking

July 9, 2026
Kenya’s Shilling Seen Gaining Ground, Ghana and Uganda Drop, While Naira, Kwacha Hold Steady
  • Business & Economy

Kenya’s Shilling Seen Gaining Ground, Ghana and Uganda Drop, While Naira, Kwacha Hold Steady

July 9, 2026
AGPC signs network entry agreement with NGIC unlocking 250 MMscf/d gas injection
  • Business & Economy

AGPC signs network entry agreement with NGIC unlocking 250 MMscf/d gas injection

July 9, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NIS suspends U.S. visa application centres indefinitely
  • National News

NIS suspends U.S. visa application centres indefinitely

July 9, 2026
Nigeria tops Africa’s AI ranking
  • Business & Economy

Nigeria tops Africa’s AI ranking

July 9, 2026
Tinubu seeks passage of National Senior Secondary Education Commission Amendment Bill
  • National News

Tinubu seeks passage of National Senior Secondary Education Commission Amendment Bill

July 9, 2026
Anambra Govt. approves 3 months tax waiver for business owners anambra state
  • National News

Anambra Govt. approves 3 months tax waiver for business owners

July 9, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.