Trading on the Nigerian Exchange Ltd. (NGX) this week closed higher by 1.73 per cent, following investors’ increased demand for banking, insurance, consumer as well as oil and gas stocks.
Trading on the Nigerian Exchange Ltd. this week closed higher by 1.73 per cent, following investors’ increased demand for banking, insurance, consumer as well as oil and gas stocks.
Meanwhile, investors turn around to insurance stocks was as a result of listed insurance companies’ strong year 2023 financial result released during the week, while seven of them proposed attractive dividend payouts.25 equities depreciated in price lower than 53 in the previous week, while 84 equities remained unchanged, higher than 76 recorded in the previous week.
Trading in the top three equities namely: Abbey Mortgage Bank Plc, Access Holdings Plc and Zenith Bank Plc, measured by volume accounted for 1.129 billion shares worth N14.914 billion in 6,494 deals. The losers’ table was led by C&I Leasing, NPF Microfinance Bank Plc, FTN Cocoa Processors, Learn Africa and FIDSON Healthcare Plc.
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