This season so far has been very favourable to investors, who are busy making gains in the stock market.
So in the face of high inflation, cash crunch, and forex scarcity, the stock market was bullish and ended on a Wednesday note.
Trade on the Nigerian Stock Market ended on a bullish note as the All Share Index grew by 0.09% to close at 72,470.10 points from the previous close of 72,404.91 points.
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The Market Capitalisation appreciated by 0.09% to close at ₦39.657 trillion from the previous close of ₦39.621 trillion, thereby adding ₦36 billion.
Gainers
INFINITY Trust Mortgage and CAVERTON led other gainers with 10.00% growth each to close at ₦3.41 and ₦1.76 from Monday’s close of ₦3.10 and ₦1.60 respectively.
Northern Nigeria Flourmills, RTBRISCOE, and THE INITIATE among other gainers also grew their share prices by 9.42%, 9.09%, and 8.26% respectively.
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Losers
OMATEK led other price decliners as it shed 10.00% of its share price to close at ₦0.63 from the previous close of ₦0.70.
Prestige Assurance and ETRANZACT among other price decliners also shed their share prices by 9.62% and 9.60% respectively.
