Equities Market In Frenzy As All-Share Index Hits 15-year High

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 77%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

The NGX All-Share Index (ASI) closed trading on Tuesday, at 65,669.29 points, crossing the all-time high of 66,371.20 points recorded in 2008, hitting a

The ASI rose by 0.51 per cent to 66,490.34 points from 66,151.38 the previous day, surpassing the highest value of 66,371.20 recorded on the Exchange on March 5, 2008.

This performance was in part, attributed to a surge in banking stocks as investors strategically positioned themselves, taking advantage of the recent record earnings posted by banks. Consequently, market capitalisation increased by 0.51 per cent to close at N39.69 trillion from N36.21 trillion recorded on Monday.

This meant that investors gained N510 billion in two trading sessions. Among the various sectoral indices, the NGX Banking Index experienced the most significant daily gain, rising by 1.63 per cent. Following closely were the NGX Consumer Goods Index, with a 0.99 per cent increase, and the NGX Industrial Index, which saw a 0.21 per cent uptick. Conversely, the NGX Oil/Gas Index dipped by 0.09 per cent, and the NGX Insurance Index recorded a substantial decline of 1.

An analysis of Tuesday’s market activities revealed a substantial increase in trade turnover compared to the previous session, with transaction values surging by an impressive 79.18 per cent. Consequently, the total volume of stocks traded reached 436.95 million units, valued at N7.02 billion, across 7,933 deals.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 4. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

BREAKING: Nigeria’s stock market soars above 66k points — highest level everNigerian stocks gained on Tuesday as the all share index (ASI), which measures the overall performance of equities, hits its highest level ever.
Herkunft: thecableng - 🏆 2. / 80 Weiterlesen »

Nigeria’s stock market soars above 66k points — highest level everNigerian stocks gained on Tuesday as the all share index (ASI), which measures the overall performance of equities, hits its highest level ever.
Herkunft: thecableng - 🏆 2. / 80 Weiterlesen »