Business and Economy

Nigerian stock market made marginal gain of 5bps (N18.43 billion) on Thursday

The Nigerian stock market made a 0.05% marginal gain on Thursday to settle at 67,133.19 points. As a result, the year-to-date (YTD) return increased to 30.99% while the market capitalization increased by N18.43 billion to close at N36.88 trillion.

The market remained positive thanks to gains in ZENITHBANK (+1.27%), ACCESSCORP (+0.32%), and FBNH (+0.62%). On the leader’s log, COURTVILLE (+8.77%) was in front of sixteen (16) other teams, while CORNERST (-6.06%) was in front of eight (8) other teams on the laggard’s table.

Trade turnover settled higher than it had the previous session, with the value of transactions rising by 1.99%. In total, 5,588 transactions involved 309.32 million shares worth N4.55 billion. With 61.78 million units exchanged, FIDELITYBK (+0.61%) headed the volume charts, while ACCESSCORP (+0.32%) won the value charts with transactions totaling 860.09 million.

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