The uptrend in the Nigerian equity market continued on Tuesday, on the back of appreciation in MTNN, ZENITH, and GTCO.
The NGX-ASI rose 0.7% to 47,205.03 points and the market capitalisation grew ₦181.7bn to ₦25.5tn, while YTD return advanced to 10.5% from 9.7%.
Trading activity rose as volume and value traded increased 9.3% and 19.8% respectively to 245.4m units and ₦4.6bn.
The banking sector led the advancers, rising by 2.8% due to buying interest in ZENITH (+5.8%) and FCMB (+7.4%).
The Consumer Goods and Oil & Gas indices were also up 1.9% and 1.7% respectively driven by gains in NB (+7.8%), DANGSUGAR (+7.7%), and SEPLAT (+2.6%).
Also, buying interest in MTNN (+1.3%), WAPCO (+1.1%), and CAP (+10.0%) pulled the AFR-ICT and Industrial Goods indices up by 0.6% and 0.1% respectively.
The Chief Executive Officer of Air Peace, Allen Onyema, has been hit with new charges…
Contrary to reports in a section of the media that the Nigerian Upstream Petroleum…
Tajudeen Suleiman It was a pleasant shock for me to read the National Bureau of…
A member of the House of Representatives, representing Isiala Mbano / Onuimo / Okigwe…
Leading financial institution in Nigeria, Fidelity Bank Plc, has assured its customers of unwavering…
Fidelity Bank Plc complies with the highest corporate governance standards as the leading commercial…
This website uses cookies.