Stock market records N20bn gain

2 weeks ago 8
Stock marketplace  gain

The banal marketplace reversed losses by 0.02 per cent connected Wednesday, signaling N20 cardinal summation for investors aft a time antagonistic run.

The affirmative show was owed to returned investors involvement successful stocks similar Skye Shelter Fund, Royal Exchange, International Energy Insurance, Julius Berger, Omatek and 29 different stocks.

Specifically, the marketplace capitalisation, which opened astatine N93.756 trillion, added N20 cardinal to adjacent astatine N93.776 trillion.

Similarly, the All-Share Index soared by 0.20 per cent oregon 31.27 points, settling astatine 147,742.23 compared with 147,710.96 recorded connected Tuesday.

Also, the marketplace breadth closed affirmative with 34 gainers against 28 lossers.

On the gainers’ table, Skye Shelter Fund led by 9.88 per cent, ending the league astatine N418.75, Royal Exchange trailed by 7.37 per cent, settling astatine N2.33 and International Energy Insurance accrued by 6.05 per cent, closing astatine N2.98 per share.

Julius Berger roseate by 5.51 per cent, finishing astatine N134 portion Omatek Ventures soared by 4.90 per cent, settling astatine N1.50 per share.

On the contrary, Tripple Gee led the losers’ array by 9.91 per cent, closing astatine N4.91, Industrial and Medical Gases followed by 9.87 per cent, finishing astatine N32.40 portion UAC of Nigeria dropped by 6.46 per cent, ending the league astatine N68 per share.

Ellah Lakes dipped by 4.66 per cent, closing astatine N13.30 and Ja Paul Gold fell by 4.51 per cent, settling astatine N2.54 per share.

The marketplace enactment showed an wide betterment successful the marketplace volume, worth and deals arsenic 389.1 cardinal shares valued astatine N12.5 cardinal were traded crossed 23,017 transactions.

This is compared to 262.5 cardinal shares worthy N8.3 cardinal that was exchanged crossed 16,693 transactions earlier connected Tuesday.

Transactions successful the shares of Fidelity Bank topped the enactment illustration successful measurement with 46.9 cardinal shares valued astatine N942.3 million.

CHAMS followed with 24.8 cardinal shares worthy N101.4 cardinal portion Zenith Bank traded 20.8 cardinal shares valued astatine N1.42 billion.

Access Corporation transacted 19.2 cardinal shares worthy N495.3 cardinal and FirstHoldCo sold 16.6 cardinal shares valued astatine N519.7 million.

Vanguard News

The station Stock marketplace records N20bn gain appeared archetypal connected Vanguard News.

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