Business and Economy

Nigerian stock market investors gain N21.2 billion as the NGX All-Share Index gains 0.07% on Thursday

The Nigerian stock exchange started the month of June with a gain of 0.07% in the All Share Index which closed at 55,808.25 points. As a result, the ASI’s year-to-date (YTD) return increased to 8.89%, while the market capitalization increased by 21.22 billion to close at 30.39 trillion.

ZENITHBANK (+1.72%), GEREGU (+1.59%), and GTCO (+1.05%) all outperformed MTNN (-0.44%). ACCESSCORP (-0.81%) and FBNH (-2.78%) are keeping the market positive.

Trade turnover was lower with the value of transactions falling by 69.85%. In 7,725 transactions, a total of 390.22 million shares worth N5.73 billion were exchanged. ACCESSCORP (-0.81%) dominated the volume chart with 51.31 million units, while ZENITHBANK (+1.72%) led the value chart with N1.09 billion in transactions.

CONOIL (+9.92%) led twenty-five (25) other companies on the leader’s board, while FTNCOCOA -(9.88%) led eighteen (18) other companies on the laggard’s board.

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