Nigeria’s equities market rose by 0.11 percent on Thursday, thanks to NNFM, Mecure, ETI and other top advancers on the Nigerian Bourse.
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) increased to 71,365.25 points while the value of listed stocks on the Nigerian Bourse rose to N39.32.trllion.
GTCO, Transcorp and FBN Holdings shares were actively traded as investors in 6,516 deals exchanged 540,085,654 shares worth N10.243billion.
Read also: Equities market opens week on negative note
NNFM rallied most from 32 to N35.20, up by N3.20 or 10percent. Thomas Wyatt rose from N2.08 to N 2.28, adding 20kobo or 9.62 percent. Mecure increased from N11 to N12, up by N1 or 9.09 percent.
Also, Champion Breweries increased from N3.25 to N3.50, adding 25kobo or 7.69 percent, while ETI moved from N16 to N17, adding N1 or 6.25 percent.
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Iheanyi Nwachukwu
Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.
Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).
Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.
