The Nigerian Exchange Limited (NGX) All-Share Index (ASI) appreciated further by 1.51 percent on Thursday. Stock investors booked about N441billion gain at the close of trading session.
The NGX ASI rose from preceding day’s low of 53,603.80 points to 54,413.21 points and the value of listed stocks increased from N29.201trillion to N29.642trillion.
The shares of MTNN Plc and Oando Plc led other advancers that drove the market’s new high.
MTNN moved from N220.40 to N240, adding N19.60 or 8.89percent.
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Also, Oando rose from N4.91 to N5.40, adding 49kobo or 9.98percent.
The market’s year-to-date (YtD) positive return increased further to +6.17percent.
In 3,718 deals, investors exchanged 973,642,627 shares valued at N4.227billion. Transcorp, Fidelity Bank, UBA and Zenith Bank were among top traded stocks on Thursday.
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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.
