Business and Economy

Stock market investors gain N7.57 billion as All Share Index rose by 0.02%

The Nigerian stock exchange benchmark index rose by 0.02% to settle at 59,014.85 points and s a result, the year-to-date (YTD) return increased to 15.15 percent, while investors earned N7.57 billion as the market capitalization closed at N32.13 trillion.

Positive investor interest in DANGCEM (+1.02%), ZENITHBANK (+3.23%), and GTCO (+4.74%) kept the broader index afloat, while losses in MTNN (-3.28%), OKOMUOIL (-3.98%), and PRESCO (-0.28%) kept the index afloat. A

Trade turnover settled higher with the value of transactions increasing by 71.22%. In total, 892.95 billion shares worth N11.15 billion were exchanged in 9,274 transactions. JAIZBANK (+2.30%) dominated the volume chart with 139.89 million units exchanged, while GTCO (+4.74%) won the value chart with 2.65 billion in transactions. UNITYBNK (+9.80%) led the pack of twenty-nine (29) other companies, while ACADEMY (-9.55%) led the pack of eighteen (18) companies.

Leave a Reply