Stock market hits four-month high, investors gain N65bn - Punch Newspapers

Equity investors in the Nigerian Exchange Limited gained N64.93bn on Thursday as the NGX All-Share Index rose by 0.32 per cent to 39,670.29 basis points, its highest since April 26, 2021.

The market capitalisation of equities increased to N20.67tn on Thursday from N20.60tn the previous day. Trading volume jumped by 52.90 per cent from 132.01 million shares worth N2.67bn traded in 3,307 deals on Wednesday to 201.84 million shares valued at N1.68bn in 3,274 deals. By sector, the NGX Insurance and NGX Industrial indices increased by 0.77 per cent and 0.22 per cent respectively, while the Banking, Consumer Goods and Oil & Gas Indices depreciated by 0.06 per cent, 1.68 per cent and 0.07 per cent respectively.

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