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Nairaland Forum / Nairaland / General / Investment / Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion (32896 Views)
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Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by MrKnowitall: 12:06am On Apr 01, 2015 |
[b]Lagos — The peaceful election over the weekend reflected on stock market yesterday when it recorded N178billion after going down on Friday. The equities market closed yesterday on a positive note, as market capitalization appreciated by N178bn from N10.319 trillion it opened to close at N10.497 trillion during the first trading day after election. Also, the Nigerian Stock Exchange All Share Index appreciated by 527.88 basis points represented 1.73 per cent to close at 31,090.81basis points, compared with the 1.63 per cent appreciation recorded previous Friday. However, market turnover closes negative as volume declined by 58.75 per cent against 26.94 per cent decline recorded in the previous session. UBA Plc, FBN Holding Plc and Diamond Bank Plc were the most active to boost market turnover. FBN Holdings Plc and Guaranty Trust Bank Plc top market value list. The NSE Banking Index records 2.76 per cent gain to emerge the most supportive sectoral index among others while the NSE Oil & Gas Index emerged as worst hit to close with 0.24 per cent. Market breadth closed positive as Fidson Healthcare Plc led 40 gainers against 13 losers topped by Vono Product Plc at the end of the day trading which was an improved performance when compared with previous outlook. Fidson Healthcare Plc appreciated by 9.12 per cent to close at N3.59 kobo per share, followed by Nigerian Aviation Handling Company Plc with 7.94 per cent gain to close at N5.44 kobo, while Eternal Plc grew by 7.75 per cent to close at N3.06 kobo per share. Also, Unilever Nigeria Plc rose by 7.24 per cent to close at N42.20 kobo per share and Trans Express Plc gained 6.31 per cent per share to close at N1.18 kobo. On the other hand, Vono Product Plc depreciated by 48.60 per cent to close at N0.85 kobo per share. Forte Oil Plc followed with 5.01 per cent to close at N213.62 kobo per share while Cadbury Nigeria Plc loss 5.00 per cent to close at N37.27 kobo per share, Pharma Deko Plc with 4.91 per cent loss to close at N2.13 kobo per share and May & Baker Plc with 4.40 per cent loss to close at N1.52 kobo per share. [/b] http://allafrica.com/stories/201503311270.html 7 Likes 1 Share |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Namady(m): 12:33am On Apr 01, 2015 |
Sign of good things modified FTC... dedicated to my brothers and sisters from SS n SE.. It was a hard decision and perhaps a wise one. #1LoveIgboPeople #1LoveIjaws #1LoveNigerdelta #ILoveNIGERIA GOD BLESS GMB/PYO GOD BLESS NIGERIA AND NIGERIANS #GMBTill2023 #Rochas2023to2031 47 Likes 1 Share |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Nobody: 12:33am On Apr 01, 2015 |
It was expectedj jonathan might not have understood the whole implications of his acttions; but he has presently placed nigeria on an eviable position in the map of tthis world; his singular action will cus nigeria experience seriousgrowthh... God bless president jonathan 157 Likes 8 Shares |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by MrKnowitall: 12:46am On Apr 01, 2015 |
killerman47: What did Jonathan do? I'm i missing something? 41 Likes |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by jingh(f): 7:44am On Apr 01, 2015 |
this is what I call goodluck not fakeluck I eject out of aso rock. CHANGE 17 Likes |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Nobody: 7:45am On Apr 01, 2015 |
Relief. 1 Like |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Blackchampion(m): 7:45am On Apr 01, 2015 |
Ok oo. . In other news 51 Likes 5 Shares
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Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by salvatore007(m): 7:45am On Apr 01, 2015 |
Change is here 3 Likes |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by holicalpha(m): 7:45am On Apr 01, 2015 |
...Good. God bless my President; Goodluck Ebele Jonathan. A apart of me is happy abt the election results..... You don't what you have until its gone.. Make we go see wetin one abokiii go do. Shebi him go stabilise oil price huh.?? Watching in 3D. 38 Likes 4 Shares |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Burger01(m): 7:45am On Apr 01, 2015 |
Benefit of CHANGE!! We voted right We did well Sai Buhari 14 Likes 1 Share |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Nobody: 7:45am On Apr 01, 2015 |
. |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Nobody: 7:46am On Apr 01, 2015 |
NO MORE LOSS SAI BUHARI 8 Likes 1 Share |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by GogetterMD(m): 7:46am On Apr 01, 2015 |
Wohoho! Nigerians are celebrating, PDP is sinking, results are trickling, INEC is announcing, APC is smiling, change is looming, youths are tweeting, facebookers are posting, whatsappers are broadcasting, south- south is rigging, international community is watching, orubebe is raking, obasanjo is warning, Yorubas are progressing, the North is jubilating, igbos are regretting, jonathing is parking, boko haram is relocating, Sure-p is closing, Tan is folding, fani Kayode is purging, Muazu is watching, Asari dokubo is wailing, oritsejafor is crying, patience jonathan is speaking and I am posting. Meanwhile. .. . Congratulations! It has been a long and strenuous battle to effect a change dating back days, weeks, months, years for some people! They looked down upon us, mocked us, derided our personalities. But we stood firm stood tall, and never wavered. Now we can go to sleep knowing our lives is secure, knowing we can wake up happy in the morning to reap the fruit of our labour, we can travel abroad without fearing foreign countries mocking us..... God bless GMB, God bless PYO, God bless Asiwaju(small) God bless Nigeria. Onto the future we march #teamGMB Signed : gogettermd, on behalf of #teamGMB 20 Likes 1 Share |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by datguru: 7:46am On Apr 01, 2015 |
God bless GEJ We love you and will miss you 30 Likes 1 Share |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Nobody: 7:46am On Apr 01, 2015 |
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Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Nobody: 7:46am On Apr 01, 2015 |
I dey go church this Sunday. Make Lucifer go siddon one side jare.. Sai Buhari.. 11 Likes 1 Share |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Okaka27(m): 7:47am On Apr 01, 2015 |
Beginning Of Change ![]() ![]() ![]() IT HAS JUST BEGUN 3 Likes |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by TOPCRUISE(m): 7:47am On Apr 01, 2015 |
What will be my own share from from the news |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by oakson: 7:48am On Apr 01, 2015 |
The sign of good things to come... The change is taking its full shape gradually. No more biggest economy on paper Sai Buhari 5 Likes |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by micrep3030(m): 7:48am On Apr 01, 2015 |
Hidden truth that were hidden just to discredit Jonathan 13 Likes |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by habex005(m): 7:48am On Apr 01, 2015 |
sign of good omen |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by ghettodreamz(m): 7:48am On Apr 01, 2015 |
Sign of great things to come for Nigerians.. ![]() |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Fvuche(m): 7:48am On Apr 01, 2015 |
Just in one day stock market regains confidence.. More to follow 2 Likes |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Misogynist2014(m): 7:48am On Apr 01, 2015 |
Sign of positive CHANGEs. |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by sammyj: 7:48am On Apr 01, 2015 |
This is what we are talking about even the stock exchange is responding to the election of SAI BABA. 2 Likes |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Tunby(m): 7:48am On Apr 01, 2015 |
I NO DEY PAY POLICE BRIBE AGAIN O!!!.#BuhariIsHere 19 Likes 2 Shares |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by seedorfg(m): 7:49am On Apr 01, 2015 |
the begining of change whirlwinding everywhere |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by naijainfogalery: 7:49am On Apr 01, 2015 |
Wow the change is here already, the stock market bouncing back, lemme quickly go and look for all my shares certificates. Plus whats happening, today i woke up late around 6:00am i thought there was no way i wont get to the office around 9:30am this morning, guess what, i left home, around 10 mins to 7. I got to the office by 7:30am on the dot, Oh my God. Buhari, Buhari this wind of change is sweeting my belle ooo. Even the danfo drivers were very road friendly this morning, even A conductor even smiled and waved at me, Sai Buhari. Han han in this Lagos. and must i also tell you that where i went to buy food i also got a double portion for the same price. Sai Buhari thank you for kicking Goodluck out of Nigeria and bringing success, dignity and respect that Nigeria deserves. 20 Likes 1 Share |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by omoarole: 7:49am On Apr 01, 2015 |
MrKnowitall: He congratulated his opponent on winning the election, thereby averting unnecessary bloodshed and civil unrest. If General Muhammadu Buhari had done the same in 2011, countless needless deaths could have been prevented. That's what President Jonathan did. I'm proud of him. He has my most reserved respect for a great man. He is indeed a great man. 60 Likes 7 Shares |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Richhard(m): 7:49am On Apr 01, 2015 |
"CHANGE" don dey happen already! Am just curious,where are all those Jona supporters? They seems to have disappear with the thin air! Into the woods! Moral-He who laughs last,laughs best! 5 Likes |
Re: Nigeria: Stock Market Rides On Elections Success, Gains N178 Billion by Wisdytech(m): 7:49am On Apr 01, 2015 |
CAN THIS STAY FOR LIFE? Click the like button if you really support and accept Buhari as your president elect? 12 Likes 1 Share |
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