News Formal

Investors’ On NGX Premium Board Stocks Gain N4trn In 9 Months

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 77%

United States News News

United States United States Latest News,United States United States Headlines

Investors’ in the Nigerian Exchange (NGX) Premium Board stocks gained N4 trillion in nine months, from January to September 2023, LEADERSHIP has learnt.

The NGX Premium Board capitalisation as at September 29, 2023 stood at N15.609 trillion, controlling 24.69 per cent of the total market capitalisation. It gained N4 trillion as against N11.609 it closed trading for the year. Also, the NGX Premium Board Index during the period under review, grew by 43.67per cent to outperformed the NGX-All Share Index , which gained by 29.52 per cent in nine months.

The chief operating officer of InvestData Consulting Limited, Mr. Ambrose Omordion said that the Premium board has performance well and the stocks listed on the platform drive market index performance, saying that stocks listed on the board have sound and good fundamentals and also foreign investors’ choice.

Speaking on UBA performance in H1, 2023, Group managing director and chief executive of UBA, Mr. Oliver Alawuba said, the exceptional performance underscored the Group’s commitment to consistently deliver value to its shareholders.

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:

 /  🏆 4. in US
 

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

United States United States Latest News, United States United States Headlines

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

Tinubu assures investors of unhindered business environment in Nigeria’s mining sectorPresident Bola Ahmed Tinubu has assured investors in Nigeria's mining sector of a good business environment. Tinubu, represented by Secretary to the Government of the Federation (SGF), Senator George Akume, disclosed this at Abuja's 8th edition of the Nigeria Mining Week organised by Africa Finance Corporation and Solid Minerals Development Fund.
Source: DailyPostNGR - 🏆 11. / 59 Read more »