{"id":166683,"date":"2025-06-12T21:39:31","date_gmt":"2025-06-12T20:39:31","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/two-nigerian-companies-push-ngx-to-n405bn-gain"},"modified":"2025-06-12T22:48:24","modified_gmt":"2025-06-12T21:48:24","slug":"two-nigerian-companies-push-ngx-to-n405bn-gain","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain","title":{"rendered":"Two Nigerian companies push NGX to N405bn gain"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Two Nigerian companies\u2019 stocks propelled the Nigerian Exchange Limited to a N405 billion gain on Wednesday.<\/p>\n

The two companies with the highest gains were ABC Transport and Beta Glass. Interestingly, Wednesday\u2019s rally was not driven by the banking sector.<\/p>\n

The market performance indices rose by 0.56 per cent, spurred by increased interest in major stocks.<\/p>\n

Accordingly, market capitalisation rose by N405 billion to close at N72.302 trillion, compared with N71.897 trillion on Tuesday.<\/p>\n

Similarly, the All-Share Index increased by 641.63 points, or 0.56 per cent, to settle at 114,659.11.<\/p>\n

Consequently, market breadth also closed positively, with 32 gainers and 28 losers.<\/p>\n

On the gainers\u2019 table, ABC Transport rose by 10 per cent to close at N2.64, while Beta Glass also appreciated by 10 per cent, settling at N231.10 per share.<\/p>\n

Berger Paints gained 9.98 per cent, finishing at N24.80, and Fidson Healthcare rose by 9.91 per cent, closing at N34.95 per share.<\/p>\n

Similarly, Legend Internet Plc advanced by 9.88 per cent, ending the session at N6.45 per share.<\/p>\n

Conversely, Vitafoam declined by 6.64 per cent, closing at N60.50, while DAAR Communications dropped by 6.06 per cent to 62k per share.<\/p>\n

Nestle\u0301 Nigeria fell by 5.69 per cent, ending the session at N1,500.00, while Mutual Benefits lost 5.61 per cent, settling at N1.01 per share.<\/p>\n

Additionally, Cornerstone Insurance shed 5.37 per cent to close at N3.70 per share.<\/p>\n

In another layer of analysis, market data revealed that a total of 471.15 million shares worth N14.19 billion were exchanged across 20,538 transactions. Notably, transactions in the shares of First City Monument Bank topped the activity chart, with 40.29 million shares valued at N410.15 million. This was followed by United Bank for Africa, with N1.31 billion worth of 36.55 million shares, while Access Corporation sold 35.05 million shares valued at N788.95 million.<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Two Nigerian companies\u2019 stocks propelled the Nigerian Exchange Limited to a N405 billion gain on Wednesday. The two companies with the highest gains were ABC Transport and Beta Glass. Interestingly, Wednesday\u2019s rally was not driven by the banking sector. The market performance indices rose by 0.56 per cent, spurred by increased interest […]<\/p>\n","protected":false},"author":84,"featured_media":166682,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[11727,254,17774],"class_list":["post-166683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-ngx","tag-nigeria","tag-nigerian-comanies"],"yoast_head":"\nTwo Nigerian companies push NGX to N405bn gain - Nigeria<\/title>\n<meta name=\"description\" content=\"Two Nigerian companies\u2019 stocks propelled the Nigerian Exchange Limited to a N405 billion gain on Wednesday. The two com ...\" \/>\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.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two Nigerian companies push NGX to N405bn gain\" \/>\n<meta property=\"og:description\" content=\"Two Nigerian companies\u2019 stocks propelled the Nigerian Exchange Limited to a N405 billion gain on Wednesday. The two com ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-12T20:39:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-12T21:48:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"415\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Two Nigerian companies push NGX to N405bn gain\",\"datePublished\":\"2025-06-12T20:39:31+00:00\",\"dateModified\":\"2025-06-12T21:48:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain\"},\"wordCount\":300,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg\",\"keywords\":[\"NGX\",\"Nigeria\",\"Nigerian comanies\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain\",\"name\":\"Two Nigerian companies push NGX to N405bn gain - Nigeria\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg\",\"datePublished\":\"2025-06-12T20:39:31+00:00\",\"dateModified\":\"2025-06-12T21:48:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Two Nigerian companies\u2019 stocks propelled the Nigerian Exchange Limited to a N405 billion gain on Wednesday. The two com ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg\",\"width\":720,\"height\":415,\"caption\":\"Two Nigerian companies push NGX to N405bn gain\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/nigeria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Two Nigerian companies push NGX to N405bn gain\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/\",\"name\":\"Africa Press | Nigeria | Homepage\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Two Nigerian companies push NGX to N405bn gain - Nigeria","description":"Two Nigerian companies\u2019 stocks propelled the Nigerian Exchange Limited to a N405 billion gain on Wednesday. The two com ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain","og_locale":"en_US","og_type":"article","og_title":"Two Nigerian companies push NGX to N405bn gain","og_description":"Two Nigerian companies\u2019 stocks propelled the Nigerian Exchange Limited to a N405 billion gain on Wednesday. The two com ...","og_url":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain","og_site_name":"Nigeria","article_published_time":"2025-06-12T20:39:31+00:00","article_modified_time":"2025-06-12T21:48:24+00:00","og_image":[{"width":720,"height":415,"url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Two Nigerian companies push NGX to N405bn gain","datePublished":"2025-06-12T20:39:31+00:00","dateModified":"2025-06-12T21:48:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain"},"wordCount":300,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg","keywords":["NGX","Nigeria","Nigerian comanies"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain","url":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain","name":"Two Nigerian companies push NGX to N405bn gain - Nigeria","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg","datePublished":"2025-06-12T20:39:31+00:00","dateModified":"2025-06-12T21:48:24+00:00","author":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Two Nigerian companies\u2019 stocks propelled the Nigerian Exchange Limited to a N405 billion gain on Wednesday. The two com ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#primaryimage","url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg","contentUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/06\/sm_1749752363.233296.jpg","width":720,"height":415,"caption":"Two Nigerian companies push NGX to N405bn gain"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/two-nigerian-companies-push-ngx-to-n405bn-gain#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/nigeria\/"},{"@type":"ListItem","position":2,"name":"Two Nigerian companies push NGX to N405bn gain"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/nigeria\/#website","url":"https:\/\/www.africa-press.net\/nigeria\/","name":"Africa Press | Nigeria | Homepage","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","url":"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/166683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/comments?post=166683"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/166683\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media\/166682"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media?parent=166683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/categories?post=166683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/tags?post=166683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}