The Nigeria Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation depreciated by 1.39 percent to close the week ended Friday, April 26 at 98,152.91 points and N55.512 trillion respectively.
Twenty-seven (27) equities appreciated in price during the review week higher than 13 equities in the preceding week.
Forty-three equities depreciated in price lower than sixty-two in the preceding, while 84 equities remained unchanged than 79 recorded in the preceding week.
Similarly, all other indices finished lower with the exception NGX Insurance, NGX MERI Growth, NGX MERI Value and NGX Industrial Goods which appreciated by 0.02 percent, 1.13 percent, 0.09 percent, and 0.38 percent while the NGX ASeM and NGX Sovereign Bond indices closed flat.
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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.
