Investors Earn £77.1 Billion in Nigerian Capital Market


Investors earned ₦77.1 billion on Thursday after eight hours of trading at the Nigerian capital market.

The gain was the result of equity capitalization increasing by 0.30% from 25.53 trillion naira posted on Wednesday to 25.61 trillion naira today.

The All Share Index rose 143.07 basis points to close at 47,510.38 from 47,367.31 reached the previous day.

Investors at the end of eight hours of trading traded 385.18 million shares worth N4.02 billion in 6,212 trades on Thursday.

This is lower than the 391.88 million shares valued at 9.95 billion naira that traded hands in 5,419 trades on Wednesday.

The winners chart was led by SFS REIT with N7 dropping from N70 to N77 per share.

Meyer’s share increased by N0.11kobo from N1.49kobo to N1.60kobo per share.

UPDC’s share gained 0.06 kobo from 0.82 kobo to 0.88 kobo per share.

Chams earned N0.01 to end trading with N0.21kobo of N0.2kobo per share.

Linkage Assurance completed the list after gaining N0.01 to close at N0.51kobo against N0.49kobo per share.

The losers chart was led by Dangote Sugar following the loss of N0.85kobo to go from N16.7kobo to N15.85kobo per share.

RT Briscoe’s share fell N0.03 to end trading at N0.57kobo vs. N0.6kobo per share.

Africa Prudential fell from N6.3kobo to N6 per share after losing N0.3kobo during trading.

UBN lost N0.3kobo to end trading with N6.20kobo of N6.5kobo per share.

Redstar Express completed the list after losing N0.05 kobo to drop from N3.05 to N3 per share.

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