{"id":165723,"date":"2025-06-04T23:35:47","date_gmt":"2025-06-04T22:35:47","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/investors-gain-n259bn-as-ngx-continues-uptrend"},"modified":"2025-06-05T00:43:37","modified_gmt":"2025-06-04T23:43:37","slug":"investors-gain-n259bn-as-ngx-continues-uptrend","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/investors-gain-n259bn-as-ngx-continues-uptrend","title":{"rendered":"Investors gain N259bn as NGX continues uptrend"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Investors at Nigerian Exchange Limited recorded a N259 billion gain on Tuesday to extend the uptrend.<\/p>\n<p>This comes as market capitalisation rose by 0.37 percent to close at N70.894 trillion, compared with N70.635 trillion on Monday.<\/p>\n<p>Accordingly, the All-Share Index (ASI) also increased by 411.52 points, or 0.37 percent, to settle at 112,427.48.<\/p>\n<p>The gain was driven by strong buying interest in medium- and large-capitalised stocks such as Honeywell Flour Mill, SCOA Nigeria, SFS Real Estate Investment Trust, Industrial &amp; Medical Gases, and 32 other stocks.<\/p>\n<p>Similarly, the market breadth closed positive with 36 gainers and 32 losers.<\/p>\n<p>On the gainers\u2019 table, Honeywell Flour Mill increased by 10 percent, closing at N22.00, while SCOA Nigeria also gained 10 percent, finishing at N5.39 per share.<\/p>\n<p>SFS Real Estate Investment Trust climbed by 10 percent, settling at N226.60, and Industrial &amp; Medical Gases rose by 9.96 percent, ending the session at N37.00 per share.<\/p>\n<p>Also, International Energy Insurance soared by 9.82 percent, closing at N1.79 per share.<\/p>\n<p>Conversely, Conoil dropped by 10 percent, settling at N268.30, while Learn Africa fell by 9.98 percent, ending the session at N3.88 per share.<\/p>\n<p>Transcorp Hotels declined by 9.97 percent, closing at N132.80, and Julius Berger shed 9.94 percent, finishing at N120.50 per share.<\/p>\n<p>Similarly, Chellaram dipped by 9.92 percent, settling at N9.53 per share.<\/p>\n<p>A further analysis of the market showed that a total of 622.64 million shares worth N16.12 billion were traded across 17,044 transactions.<\/p>\n<p>Transactions in the shares of Fidelity Bank topped the activity chart with 108.17 million shares, valued at N2.05 billion. Also, Legend Internet Plc followed with 60.95 million shares worth N344.36 million, while United Bank for Africa sold 55.74 million shares valued at N1.93 billion.<\/p>\n<p>Market data indicated that Guaranty Trust Holding Company transacted 41.23 million shares worth N2.80 billion and Access Corporation traded 34.51 million shares at N754.43 million.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Investors at Nigerian Exchange Limited recorded a N259 billion gain on Tuesday to extend the uptrend. This comes as market capitalisation rose by 0.37 percent to close at N70.894 trillion, compared with N70.635 trillion on Monday. Accordingly, the All-Share Index (ASI) also increased by 411.52 points, or 0.37 percent, to settle at [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":165722,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,29,28,2660],"tags":[11727,254],"class_list":["post-165723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","category-to-homepage","tag-ngx","tag-nigeria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Investors gain N259bn as NGX continues uptrend - Nigeria<\/title>\n<meta name=\"description\" content=\"Investors at Nigerian Exchange Limited recorded a N259 billion gain on Tuesday to extend the uptrend. 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