Nigeria’s stock market rerouted north on Tuesday by 0.03 percent as investors bought Unilever Nigeria Plc and other value counters.
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation increased from 104,529.62 points and N65.685 trillion respectively to 104,560.02 points and N65.704 trillion.
In 13,228 deals, investors exchanged 368,769,054 shares worth N10.871billion. Fidelity Bank, Access Holdings, Zenith Bank, UBA and FCMB Group were actively traded stocks on Tuesday.
Read also: NGX Group commemorates legacy of retired directors
The market’s top advancers list shows that Abbey Mortgage Bank rose from N6.74 to N7.41, adding 67kobo or 9.94 percent. Also, Unilever Nigeria Plc rose N34.70 to N38.05, adding N3.35 or 9.65 percent.
Learn Africa share price also moved from N3 to N3.25, adding 25 kobo or 8.33 percent, while Consolidated Hallmark Holdings rose from N2.75 to N2.95, up 20 kobo or 7.27 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.
