Table of Contents
- Market Gains on Thursday
- Market Capitalization
- All-Share Index Performance
- Market Breadth
- Top Gainers and Losers
- Activity Chart
Investors on the Nigerian Stock Exchange realized a profit of N171 billion on Thursday following the break for Nigeria’s Independence anniversary holiday.
Data from the Nigerian Exchange Limited for Thursday indicated that stocks such as PZ Cussons Nigeria, Eterna, Champion Breweries, Tantalizer, AIICO Insurance, and 29 others contributed to the upward trend in the market.
The market capitalization, which started at N90.580 trillion, increased by 0.19 percent, reaching N90.751 trillion.
Similarly, the All-Share Index experienced a rise of 0.19 percent, equivalent to 268.98 points, closing at 142,979.46, compared to 142,710.48 recorded on Tuesday.
By the end of Thursday’s trading session, the market breadth was positive, with 34 stocks gaining and 26 stocks losing value on the Exchange.
PZ Cussons Nigeria led the gainers' list with a 10 percent increase, whereas RT Briscoe topped the losers' list with a decline of 9.89 percent.
Additionally, Cornerstone Insurance dominated the activity chart in both volume and value, with 5.45 billion shares worth N25.1 billion traded; this was followed by United Bank for Africa, which saw 152.14 million shares valued at N6.5 billion traded.
Frequently Asked Questions
What was the total gain for investors on the Nigerian Stock Exchange on Thursday?
Investors gained a total of N171 billion on Thursday after the market reopened following the Independence Day holiday.
Which stocks contributed significantly to the market uptrend?
Stocks such as PZ Cussons Nigeria, Eterna, Champion Breweries, Tantalizer, and AIICO Insurance, along with 29 others, propelled the market upward.
What was the closing value of the All-Share Index?
The All-Share Index closed at 142,979.46, reflecting an increase of 0.19 percent from the previous session.
