Investors gain N171bn as bullish sentiment persists

1 month ago 10
SEC

 The equities marketplace connected Thursday sustained its affirmative trend, with investors gaining N171 billion.

Gains successful PZ Cussons Nigeria, Eterna, Champion Breweries, Tantalizer, AIICO Insurance and 29 different stocks pulled the marketplace show up.

Specifically, the marketplace capitalisation, which opened astatine N90.580 trillion, gained N171 cardinal oregon 0.19 per cent to settee astatine N90.751 trillion.

In the aforesaid vein, All-Share Index besides roseate by 0.19 per cent oregon 268.98 points, to adjacent astatine 142,979.46, against 142,710.48 posted connected Tuesday.

Also, the marketplace breadth closed affirmative with 34 gainers and 26 losers connected the level of the Exchange.

PZ Cussons Nigeria led the gainers’ array by 10 per cent, ending the league astatine N37.95, Eterna trailed by 9.94 per cent  finishing astatine N37.05 portion Champion Breweries gained by 9.82 per cent, closing astatine N15.10 per share.

Tantalizer grew by 5.96 per cent, settling astatine N2.49 and AIICO Insurance roseate by 5.43 per cent, closing astatine N3.69 per share.

On the flip side, RT Briscoe led the losers’ array by 9.89 per cent, settling astatine N3.37 portion Thomas Wyatt Nigeria dipped by 9.82 per cent, finishing astatine N3.58 per share.

Sovereign Trust Insurance dropped by 9.33 per cent, closing astatine N2.72 and International Energy Insurance fell by 7.78 per cent, ending the league astatine N3.08 per share.

Similarly, Berger Paints declined by 7.18 per cent, closing astatine N36.20 per share.

Analysis of the marketplace enactment revealed wide summation successful the marketplace value, measurement and deals, arsenic 6.23 cardinal shares valued astatine N54.5 cardinal were exchanged crossed 32,682 transactions.

This is compared to 1.24 cardinal shares  valued astatine N29.8 cardinal that was traded successful 28,009 transactions earlier connected Tuesday.

Meanwhile, Cornerstone Insurance topped the enactment illustration successful measurement and worth with 5.45 cardinal shares valued astatine N25.1 billion.

United Bank for Africa followed with 152.14 cardinal shares worthy N6.5 cardinal portion Wema Bank sold 152.05 cardinal shares valued astatine N2.52 billion.

First HoldCo transacted 111.79 cardinal shares worthy N3.49 cardinal and Zenith Bank traded 47.1 cardinal shares valued astatine N3.27 billion.

Vanguard News

The station Investors summation N171bn arsenic bullish sentiment persists appeared archetypal connected Vanguard News.

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