Nigeria’s equities market on Tuesday furthered its movement northwards by 0.73percent as investors continued to leverage bargain opportunities in value stocks trading at new lows.
The NGX All-Share Index (ASI) and its Market Capitalisation increased from preceding day’s 44,461.63 points and N24.217 trillion respectively to 44,788.14 points and N24.390trillion.
Investors gained about N173billion at the close of trading session on the Nigerian Exchange Limited (NGX).
The market has risen this week by 0.88percent while this month it has decreased by 8.84percent. The market’s positive return year-to-date (YtD) also increased to 4.85percent.
Read also: Stock market sees first gain this week
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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.
