By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: NGX maintains upward trend as investors gain N20.4bn
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

NGX maintains upward trend as investors gain N20.4bn

Agency Report with Okay.ng
By Agency Report with Okay.ng
Published: February 18, 2022
Share
2 Min Read
Nigerian Exchange Group
Nigerian Exchange Group
SHARE

Gains recorded by medium and large capitalised stocks, especially Access Bank, UCAP Sovrenins, Transcop and RTBriscoe on Friday lifted market capitalisation by N20.4 billion.

Specifically, at the close of trading on Friday, the All-Share Index rose by 37.84 points or 8.23 per cent to 47,140.48 points from the 47,102.64 recorded on Thursday.

Accordingly, investors gained N20.4 billion in value as market capitalisation went up to N25.41 trillion from N25.38 trillion on Thursday.

The tide was impacted by gains recorded in medium and large capitalised stocks, amongst which are Guiness, UCAP, NNFM, Nigerian Breweries and Honeywell Flour.

- Advertisement -

Market breadth closed positive as 27 stocks recorded gains relative to 15 losers.

Guinness Nigeria and UCAP recorded the highest price gain of N5 and N1.05 respectively, with 7.14 per cent and 8.75 to close at N70 and N12 per share each.

NNFM followed with a gain 0.95 Kobo to close at N10.85 per share representing 8.76 per cent while Nigerian Breweries rose by 1.04 per cent to close at N4.02 per share, making a gain of 50 kobo.

Also, Honeywell Flour rose by 8.96 per cent to gain 36 kobo and close at N4.02 per share

- Advertisement -

On the other hand, Nigerian Exchange Ltd., led the losers’ chart by 1.86 per cent, to close at N24.25 per share with a loss of 45 Kobo per share.

MTN Nigeria followed with a decline of 0.15 per cent to close at 199.50 per share, losing 30 Kobo per share.

Also, May and Baker recorded a loss of 24 kobo, representing 5.70 per cent to close at N4.21 per share while Pharmdeko declined by 9.50 per cent to close at N1.79 per share, losing 15 kobo per share.

Eterna Oil declined by 2.78 per cent to close at N5.4 per share with a loss of 15 kobo.

However, the total volume traded increased by 18.71 per cent to 424.70 million shares, worth N6.52 billion, and traded in 4.601 deals.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:NGX
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
Previous Article Zulum disburses N100m to 152 Borno youths for renouncing thuggery
Next Article Governor Seyi Makinde and Vice president Yemi Osinbajo Osinbajo, Makinde present as Alao-Akala is buried in Ogbomoso

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Pastor Adeboye
Pastor Adeboye Shares Divine Directive: Leaving RCCG Could Lead to Tragic Loss
News
Anglican Bishop of Lafia Calls on President Tinubu to Address Root Causes of Nigeria’s Insecurity and Economic Woes
News
Egbe Bobakeye Okunrin Akile Ijebu Refutes False Claims About Queen Elizabeth II’s 1956 Visit
News
NRC Managing Director Warns Against Railway Vandalism: “We Don’t Have Scraps, We Have National Assets”
News
Tragic Head-On Collision in Jigawa Claims Nine Lives, Dozens Injured
News
- Advertisement -
Ad imageAd image

You May Also Like

Sport

Victor Osimhen Returns to Nigeria as Al Hilal Transfer Hangs in Balance Ahead of FIFA Club World Cup

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
News

Tinubu Urged by PDP to Cut Fuel and Electricity Costs Amid Eid-el-Kabir Festivities

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 7, 2025
Mike Ejeagha
News

Mike Ejeagha, Nigerian Highlife Maestro, Dies at 95

Muhammad A. Aliyu
Muhammad A. Aliyu
June 7, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?