Last week’s stock market trading report shows that the Nigerian Exchange Limited appreciated by ₦894 billion Week-on-Week (WoW)
Nigeria’s stock market appreciated by ₦894 billion Week-on-Week (WoW) performance, hitting an all-time All-share index of 74,000 basis points.
The ASI of the Nigerian Exchange Limited rose by 2.26% W-o-W to close at 74,023.27 basis points to sustain its positive momentum in 2023.
Have You Read: Invest More In Stock Market Experts Tell PenCom
Market capitalisation rose by ₦894 billion to close the week at ₦40.507 trillion.
The NGX Banking index recorded a weekly gain of 3.4%, while the NGX Insurance index rose by 1.7% W-o-W.
NGX Industrial Goods index rose 0.3%, while NGX Oil & Gas index was up by 0.1% W-o-W.
Conversely, the NGX Consumer Goods index closed the week lower by 0.7%.
Gainers & Losers
Infinity Trust Mortgage Bank led the gainer’s table by 60.64% to close at ₦4.53, per share.
DAAR Communications followed with a gain of 50% to close at 69 kobos, while Multiverse Mining and Exploration went up by 41.25% to close to ₦13.97, per share.
On the other side, Associated Bus Company led the decliner’s table by 16.48% to close at 76 kobos, per share.
You May Also Like: Stock Market: Market Capitalisation Rose By ₦487.74bn
Omatek Ventures followed with a loss of 12.33% to close at 64 kobo, while e-Tranzact International declined by 12.32% to close at ₦6.05, per share.
Overall, a total turnover of 2.474 billion shares worth ₦53.787 billion in 35,848 deals was traded last week by investors on the floor of the Exchange.
In contrast to a total of 1.882 billion shares valued at ₦31.630 billion that exchanged hands last week in 33,020 deals.
