Kayode Shopekan
January 17, 2024
The All Share Index and the market capitalisation closed positive after the days trade.
The Nigerian stock market continued to be dominant, as the benchmark index closed 1.92% stronger to settle at 84,640.89 points.
Investors’ activities around the Dangote Cement, BUA Cement, and Zenith Bank shares contributed to the positive result recorded.
Have You Read: NGX: Stock Market Rises With ₦313.39bn Gain After A Day Loss
Dangote Cement share’s value appreciated by 7.14%, BUA Cement 0.59% and Zenith Bank share price grew by 3.60% respectively.
The stock market capitalisation rose by 1.92% to ₦46.32 trillion, as the year-to-date gain of the All Share index climbed to 13.20%
PZ and Sovereign Insurance recorded the highest gains of the day having appreciated in share value by 10% respectively.
Abbey topped the losers table with 9.5%, Julius Berger also lost 3.5% from its share value.
Sector performance index that the NGX Banking gained 1.30%, NGX Insurance 7.23% and NGX Consumer Goods recorded 0.08%.
At the conclusion of the trading session, Transnational Corporation emerged as the most traded security by volume with 66.89 million units worth ₦956.01 million.
