• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Equities Stock Market

Stock market closes flat as bulls, bears fights for dominance

Chris Ugwu by Chris Ugwu
November 7, 2022
in Stock Market
stock

Candle stick graph chart of stock market investment trading

Share on FacebookShare on TwitterShare on Linkedin

Mixed sentiments prevailed on the Nigerian Exchange Limited (NGX) as the bulls and the bears struggled to gain dominance. 

The NGX All Share Index (ASI) rose by 0.25 basis points to close at 44.269.18 basis points from 44,269.43 basis points when the stock market opened for trading.   

Accordingly, market capitalization also closed flat to N24.112 trillion from N24.112 trillion. 

RelatedStories

Naira’s Fall, UCAP’s Big Returns & Dangote’s ₦402bn Tax Bill | Market Weekly

Naira’s Fall, UCAP’s Big Returns & Dangote’s ₦402bn Tax Bill | Market Weekly

March 11, 2025
Royal Exchange announces relocation, change of company secretary 

Royal Exchange announces relocation, change of company secretary 

February 13, 2025

Meanwhile, a turnover of 103.26 million shares exchanged in 3,206 deals was recorded in the day’s trading. 

The premium sub-sector was the most active (measured by turnover volume); with 32.15 million shares exchanged by investors in 1,039 deals. 

Volume in the sub-sector was largely driven by activities in the shares of Zenith Bank Plc and FBN Holdings Plc. 

Also, the insurance sub-sector was boosted by the activities in the shares of Sovereign Trust Insurance Plc and Cornerstone Insurance Plc followed by a turnover of 13.56 million shares in 132 deals. 

However, market breadth closed negative as 18 stocks lost relative to 11 gainers. Learn Africa Plc recorded the highest price loss of 9.52% to close at N1.52 per share. Royal Exchange Plc led other gainers with 9.72% to close at 79 kobo per share. 

Market Indices   

  • NGX ASI: 44,269.18 points  
  • Previous ASI: 44.269.43 points  
  • % Day Change: 0.005%   
  • % Y-t-D: 3.64%  
  • Market Cap (N): 24.112 trillion  
  • Volume: 103.26 million 
  • Value (N): 2.138 billion  
  • Deals: 3,206  

NGX Top ASI gainers   

  • ROYAL EXCHANGE up +9.72% to close at N0.79   
  • CUTIX up +6.83% to close at N2.19  
  • UCAP up +5.73% to close at N12.00 
  • LINKAGE ASS up +2.56% to close at N0.40 
  • TRANEX up +2.50% to close at N0.82 

NGX Top ASI losers  

  • LEARN AFRICA down – 9.52% to close at N1.52  
  • CORNERSTONE down – 9.09% to close at N0.40  
  • R.T BRISCOE down –9.09% to close at N0.30  
  • FTN COCOA down –8.82% to close at N0.31  
  • CAR=VERTON down – 8.05% to close at N0.80  

 

 


Follow us for Breaking News and Market Intelligence.
Tags: Cornerstone Insurance - NewsRoyal ExchangeUCAP
Chris Ugwu

Chris Ugwu

Chris is a Senior Financial Analyst at Nairametrics Advocates Limited with over a decade stint in active journalism and public relations practice.

Related Posts

Naira’s Fall, UCAP’s Big Returns & Dangote’s ₦402bn Tax Bill | Market Weekly
Digital Media

Naira’s Fall, UCAP’s Big Returns & Dangote’s ₦402bn Tax Bill | Market Weekly

March 11, 2025
Royal Exchange announces relocation, change of company secretary 
Companies

Royal Exchange announces relocation, change of company secretary 

February 13, 2025
Stock market kicks off September in the red: ASI slips 0.15% amid declining trading volume 
Equities

Market Wrap: Eunisell, John Holt lead gainers as ASI dips 0.12%; VFD Group, Royal Exchange drag 

November 13, 2024
We will post a profit in 2024 – VFD Group declares
Corporate Updates

Royal Exchange General Insurance Company is now Rex Insurance

June 28, 2024
CBN, MPC
Sectors

CBN mulls new regulation to drive compliance by Nigerian fintechs 

June 28, 2024
NGX,Arbico Plc
Markets

Market loses N32 billion as investors offload stocks

June 4, 2024
Next Post
Dangote launches a circular economy programme, trains traders on financial literacy

Dangote launches a circular economy programme, trains traders on financial literacy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • Canadian province shuts family reunification intake for spouses, adult dependent children until June 2026 
  • Lagos State orders immediate halt to reclamation activities at Orange Island over drainage violations 
  • FG sets new rule mandating SON certificate for contractors bidding on public projects

Follow us on social media:

Recent News

Canada

Canadian province shuts family reunification intake for spouses, adult dependent children until June 2026 

July 12, 2025
Lagos State orders immediate halt to reclamation activities at Orange Island over drainage violations 

Lagos State orders immediate halt to reclamation activities at Orange Island over drainage violations 

July 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics