August 18, 2022

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Inventory market opens on a constructive word, features N57bn


Buying and selling actions on the ground of Nigerian Trade NGX yesterday opened week on a constructive development, gaining N57 billion.

Market capitalisation of listed equities elevated by 0.20 per cent to N28.214 trillion from N28.157 trillion reported the day prior to this. The NGX All Share Index additionally appreciated by 104.82 foundation factors to 52319.94 level from 52215.12 factors it closed on Friday.

Traders exchanged 116.280 million shares valued at N3.464 billion in 4525 offers towards 190.095 million shares price N4.129 billion in 3893 offers.

An evaluation of the funding confirmed that Seplat Power led gainers desk through the day, growing by 10 per cent to N1430.50, Cornerstone Insurance coverage adopted with a achieve of 8.77 per cent to N0.62, RTBriscoe added 8.11 per cent to N0.40, Wema Financial institution gained 8.95 per cent to N4.00, Fidson Well being care elevated by 2.21 per cent to N9.90.

Quite the opposite, CWG topped losers chart, declining 10 per cent to N0.81, Academy Press trailed with drop of 9.50 per cent to N2.00, Honey Properly Flour fell by 9.09 per cent to N2.50, Nahco dipped 8.81 per cent to N6.00, Regal Insurance coverage down by 7.41 per cent to N0.25.

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