News Formal

Nigeria’s stock market soars above 66k points — highest level ever

  • 📰 thecableng
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Nigerian stocks gained on Tuesday as the all share index (ASI), which measures the overall performance of equities, hits its highest level ever.

The ASI of the Nigerian Exchange Limited rose by 0.51 percent to 66,490.34 basis points from 66,151.38 recorded the previous day.

Additionally, the market capitalisation saw a remarkable increase, closing at N39.69 trillion from N36.21 trillion on Monday.As measured by market breadth, market sentiment was positive, as 34 tickers gained relative to 32 losers. The sectoral performance at the local bourse on Tuesday was upbeat as three of the five indices tracked closed in positive territory: the NGX Banking, NGX Consumer Goods, and NGX Industrial indices climbed by 1.63 percent, 0.99 percent, and 0.21 percent, respectively.On the flip side, the NGX Insurance and NGX Industrial indexes moderated by 1.56 percent and 0.09 percent, respectively.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Source: thecableng - 🏆 2. / 80 Read more »