Investors gain N261bn as NGXASI rebounds by 0.90%

The Nigerian equity market on Wednesday bounced back from four straight sessions of decline as the All Share Index grew by 0.90% to settle at 53,603.80 points from the previous close of 53,124.63 points.

Investors gained N261 billion as the Market Capitalisation was up by 0.90% to close at N29.201 trillion from the previous close of N28.940 trillion.

An aggregate of 236 million units of shares were traded in 3,906 deals, valued at N3.26 billion.

The Market Breadth closed positive as 22 equities appreciated in their share prices against 14 equities that declined in their share prices.

Percentage Gainers

OANDO led the gainers with 9.84% growth to close at N4.91 from the previous close of N4.47.

CAVERTON, Ikeja Hotel and TRANSCORP among other gainers also grew their share prices by 8.08%, 7.77% and 7.14% respectively.

Percentage Losers

May & Baker led price decliners’ table as it shed 8.70% of its share price to close at N4.20 from the previous close of N4.60.

Consolidated hallmark insurance, RTBRISCOE and FTN Cocoa among other price decliners also shed their share prices by 8.06%, 7.69% and 7.14% respectively.

Volume Drivers

TRANSCORP traded about 91 million units of its shares in 264 deals, valued at about N134 million.

Zenith Bank traded about 27 million units of its shares in 610 deals, valued at about N696 million.

GTCO traded about 22 million units of its shares in 365 deals, valued at about N551 million.

Source: Investors gain N261bn as NGXASI rebounds by 0.90% – 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.[…]