{"id":44805,"date":"2022-08-25T05:02:32","date_gmt":"2022-08-25T05:02:32","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=44805"},"modified":"2022-08-25T05:02:37","modified_gmt":"2022-08-25T05:02:37","slug":"stock-market-rebounds-indices-record-0-25-growth-2","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/stock-market-rebounds-indices-record-0-25-growth-2\/","title":{"rendered":"Stock market rebounds, indices record 0.25% growth"},"content":{"rendered":"<p>Trading activities on the Nigerian Exchange Ltd., (NGX) closed on a positive note on Wednesday, with indices growing by 0.22 per cent following gains by BUA Cement, Nestle&nbsp; and Stanbic Bank<\/p>\n\n\n\n<p>Specifically, the market capitalisation gained N65 billion or 0.25 per cent to close at N26.253 trillion against N26.188 trillion recorded on Tuesday.<\/p>\n\n\n\n<p>Also, the All-Share Index rose by 120.48 points or 0.25 per cent to close at 48,675.24 compared with 48,554.76 posted on Tuesday.<\/p>\n\n\n\n<p>Market breadth closed positive with 14 stocks gained and 11 stocks declined.<\/p>\n\n\n\n<p>NEM Insurance led the gainers\u2019 table during the day with 44k to close at N4.84 per share.<\/p>\n\n\n\n<p>Stanbic IBTC Holdings followed with a gain of N2.50 to close at N30.50, while Ecobank Transnational added 80k to close at N10.80 per share.<\/p>\n\n\n\n<p>Cutix appreciated by 14k to close at N2.04 and Mutual Benefits Assurance rose by 2k to close at 31k per share.<\/p>\n\n\n\n<p>On the other hand, Fidson Healthcare topped the losers\u2019 chart, shedding 99k to close at N9.11 per share.<\/p>\n\n\n\n<p>FTN Cocoa Processors trailed with a loss of 3k to close at 30k, while Northern Nigeria Flour Mills declined by 1k to close at N7.50 per share.<\/p>\n\n\n\n<p>Unity Bank was down by 7k to close at 42k, while First City Monument Bank(FCMB) lost 1k to close at N313 per share.<\/p>\n\n\n\n<p>Investors traded a total of 167.57 million shares valued at N3.37 billion in 2,269 deals representing 19.60 per cent increase in volume.<\/p>\n\n\n\n<p>This was against the 154.290 million shares worth N2.70 billion exchanged in 3,751 deals the previous day.<\/p>\n\n\n\n<p>Access Holdings was the most active stock, exchanging 27.9 million shares worth N231.14 million.<\/p>\n\n\n\n<p>United Bank for Africa (UBA) followed with an account of 22.9 million shares valued at N160.91 million, while FBN Holdings traded 22.5 million shares worth N241.98 million.<\/p>\n\n\n\n<p>Guaranty Trust Holding Company (GTCO) sold 16.1 million shares valued at N323.99 million, while Zenith Bank exchanged 11.86 million shares worth N261.11 million.<\/p>\n\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-44805\" data-postid=\"44805\" class=\"themify_builder_content themify_builder_content-44805 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>Trading activities on the Nigerian Exchange Ltd., (NGX) closed on a positive note on Wednesday, with indices growing by 0.22 per cent following gains by BUA Cement, Nestle&nbsp; and Stanbic Bank Specifically, the market capitalisation gained N65 billion or 0.25 per cent to close at N26.253 trillion against N26.188 trillion recorded on Tuesday. Also, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":23541,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1366,949],"tags":[295],"class_list":["post-44805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","tag-stock","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock market rebounds, indices record 0.25% growth - The Freezone Channel<\/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:\/\/thefreezonechannel.com\/old\/stock-market-rebounds-indices-record-0-25-growth-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock market rebounds, indices record 0.25% growth - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"Trading activities on the Nigerian Exchange Ltd., (NGX) closed on a positive note on Wednesday, with indices growing by 0.22 per cent following gains by BUA Cement, Nestle&nbsp; and Stanbic Bank Specifically, the market capitalisation gained N65 billion or 0.25 per cent to close at N26.253 trillion against N26.188 trillion recorded on Tuesday. 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