Investors gain N116bn as NGXASI grows by 0.45%

The Nigerian equity market on Tuesday grew as the All Share Index appreciated by 0.45% to settle at 47,565.92 points from the previous close of 47,351.43 points.

Investors gained 116 billion as The Market Capitalisation was up by 0.45% to close at N25.907 trillion from the previous close of N25.791 trillion.

An aggregate of 125.65 million units of shares were traded in 4,188 deals, valued at N1.9 billion.

The Market Breadth closed negative as 12 equities appreciated in their share prices against 15 equities that declined in their share prices.

Percentage Gainers

May & Baker led the gainers with 9.76% growth to close at N4.05 and from the previous close of N3.69.

Ikeja Hotel, BUA Cement and Cornerstone Insurance among other gainers also grew their share prices by 9.73%, 8.65% and 8.00% respectively.

Percentage Losers

University Press led price decliners’ table as it shed 8.54% of its share price to close at N1.50 from the previous close of N1.64.

CADBURY, FTN Cocoa and CAVERTON among other price decliners also shed their share prices by 6.94%, 6.67% and 5.94% respectively.

Volume Drivers

GTCO traded about 38.7 million units of its shares worth at about N659 million.

FBNH traded about 22.8 million units of its shares valued at about N216.9 million.

NGXGROUP traded about 6 million units of its shares valued at N134.5 million.

Source: Investors gain N116bn as NGXASI grows by 0.45% – StocksWatch (stocksng.com)

Related Posts

03

Nov
Business & Economy

ELITE WEALTH PLACEMENT FUND

Welcome to the Elite Wealth Placement Fund – a bespoke investment vehicle designed exclusively for high-net-worth individuals seeking attractive and tailored placement opportunities. Our fund is managed by a team of seasoned financial experts with a proven track record of delivering superior returns, while prioritizing risk management and long-term wealth preservation. As an exclusive member, you will […]

03

Nov
Business & Economy

PZ Cussons Nigeria Plc reports N113bn revenue, boosts profit after tax by 114% in one year

The Audited Financial Statement of PZ Cussons for the year ended 31 May 2023 show significant growth in the Company’s bottom line figures with 114% growth in its profit after tax for the 12 months period. The Group reported revenue of N113.964 billion for the 12 months period, up by 14.53% from N99.503 reported the previous year.[…]