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Home News Business News

Stock investors record N8bn gain

by Ikenna Ngere
February 17, 2023
in Business News, News
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Stock market suffers N37bn decline
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Stock investors gained N8bn on Thursday as market capitalisation rose slightly to N29.696tn at the close of trading on the Nigerian Exchange Limited.

The All-share Index also appreciated by 0.02 per cent to close at 54,520.2 points.

The stock market closed positive as TrippleG led 17 gainers including RTBriscoe, Japaul Gold, LivingTrust, VeritaSkap, Honyflour and Geregu (BLS).

The losers’ table was topped by Courtville, followed by CWG, the NGX Group, Wapic, Fidelity Bank and Transcorp at the end of Thursday’s trading session.

In all, 125,860,855 million shares estimated at N3.602bn were traded in 2,670 deals.

Zenith Bank was the most active stock with 8,441,601 million of its shares worth N214,56m traded in 180 deals. GTCO’s shares of 19,173,469 million units, priced at N481.722m, exchanged hands in 175 transactions. MTN Nigeria had 318,974 shares valued at N77.379m traded in 151 deals. WAPCO traded 4,158,679 million shares estimated at 108.96 million in 149 transactions.

SOURCE: THE PUNCH

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