Business and Economy

Nigerian stock market NGX All-Share Index gains 3bps on Monday

The Nigerian Stock Exchange benchmark index closed Monday trading session with a 0.03% gain to stand at 52,231.29 points. As a result, the year-to-date (YTD) return increased to 1.91%, while market capitalization increased by 9.07 billion to close at 28.44 trillion.

Gains in ZENITHBANK (+0.62%), ACCESSCORP (+1.01%), and WAPCO (+0.41%) more than compensated for falls in GTCO (-0.62%), STANBIC (-0.27%), and FBNH (-0.41%). OANDO (+9.91%) led nineteen (19) other companies on the leader’s board, while NEM (-9.45%) led fourteen (14) other companies on the laggard’s board.

Trade turnover saw the value of transactions falling by 49.01%. In 6,033 transactions, 626.39 million shares worth N5.60 billion were swapped. TRANSCORP (+9.65%) dominated the volume chart with 190.85 million units exchanged, while ACCESSCORP (+1.01%) headed the value chart with N1.25 billion in transactions.

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