NSE triggers circuit breaker as stocks record five-year highest gain

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Nigerian equity market on Thursday rose to the highest in more than five years as massive buying pressures triggered a market-wide circuit breaker for the first time.

The Nigerian Stock Exchange All-Share Index posted its largest daily gain in more than five years on Thursday.

According to a statement from the exchange, the circuit breaker protocol was triggered at 12:55pm when the NSE ASI increased from 33,268.36 in the previous day’s trading to 34,959.39. Following the resumption of trading activities, the equities market recorded a 6.23 per cent increase in the ASI to close at 35,342.46 points, reaching a market capitalisation of N18.47tn.

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:

 /  🏆 8. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines