Also, the volume of shares traded increased significantly, as turnover of 799.8 million shares worth N29.4 billion was recorded in 14,194 deals by investors on the floor of the Exchange, higher than 751.9 million units, valued at N20.5 billion that changed hands in 15,822 deals on February 17, 2023.
The improved performance was buoyed by bargain-hunting activities in Airtel Africa , BUAfood and Geregu .Analysts predicted cautious trading this week, noting that the outcome of the election will determine market direction. According analysts at Vetiva Dealings and Brokerage said: “Investors bought up stocks across board, as all sectors closed the day in the green. We anticipate a mixed session to start off the week while we expect the outcome of the election to determine market direction in the new week.”
Trading in the top three equities namely Geregu Power Plc, Guaranty Trust Holding Company Plc and Zenith Bank Plc accounting for 307.8 million shares worth N17.5 billion in deals, contributing 38.48 per cent to the total equity turnover volume.
Lol.. Una plan am