Nigerian Stock Exchange All-Share Index Falls 0.09% as Market Capitalization Rises 0.18%
The Nigerian Stock Exchange (NGX) witnessed a 0.09% decline in the All-Share Index, closing the week at 165,370.40 points, while market capitalization increased by 0.18% to N106.153 trillion. The NGX 30, CG, Premium Bank, Pension Growth, NGX Pension, and Broad indices recorded declines ranging from 0.13% to 1.13%.
Trading activities saw a total of 3.087 billion shares worth N81.505 billion exchanged in 222,185 deals. The financial services and industrial sectors dominated trading, contributing 48.45% and 41.62% to total equity turnover volume and value, respectively.
Notable equities with high trading volumes included Verita Kapit Assur PLC, Cutix PLC, and Secure Electronic Technology PLC. Guaranty Trust Holding Company PLC listed 125 million ordinary shares at N80.00 per share through a private placement, increasing the total issued shares.
Additionally, Presco PLC listed 166.667 million ordinary shares at N1,420.00 per share, raising its total issued shares.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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