Monday , February 26 2024

Transaction Shows Investors Gained ₦899BN

Transaction at the stock market on Friday showed that investors gained eight hundred and ninety-nine billion naira.

Specifically, the market capitalisation, which opened at 56.259 trillion, closed at 57.158 trillion, representing 1.59 per cent increase.

Also, the All-Share Index also went up by 1.59 per cent to settle at one hundred and four million, four hundred and twenty-one thousand, twenty-three naira compared with one hundred and two million, eight hundred and two thousand, twenty-five naira.

As a result, the Year-To-Date return increased to 39.65 per cent.

Sustained investors’ buy interest in the stocks of Tier-one banks and MTN Nigeria improved the performance of the market.

The market breadth closed positive with 57 advanced stocks as against 12 declined others.

On the gainers’ table, Sterling Nigeria, Neimeth International Pharmacy and Transcorp led in percentage terms of 10 each to close at six point six zero naira, two point zero nine naira, forty point seven zero naira and fifteen point four zero naira per share respectively.

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