Nigerian stock market NGX All-Share Index gains 1.55% on Thursday

The Nigerian stock market gained 1.55% at today’s trading session to close at 65,263.06 points. As a result, the ASI YTD grew to 27.34%, while market capitalization increased by 541.84 billion to close at 35.52 trillion.

Rebounds in index heavyweight MTNN (+6.46%) and Tier-1 banking firms ZENITHBANK (+0.30%) and GTCO (+2.25%) drove the performance. On the leader’s table, NB (+10.00%) led thirty-nine (39) others, while ETERNA (-9.83%) led five (5) others on the laggard’s log

Trade turnover settled higher than it did on Wednesday with the value of transactions increasing by 19.14%. In 7,095 transactions, 445.28 million shares worth N5.09 billion were swapped. STERLINGNG (+0.00%) dominated the volume chart with 69.45 million units moved, while ACCESSCORP (+5.44%) won the value chart with 568.98 million in transactions.

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