Stock Market Hits N3 Billion, 1.82Billion Shares
According to the new report, as at yesterday market trade hit 1.820 billion shares, and the stock market increased to N3 billion.
Speaking on the record, as market capitalization increased to N27.853 trillion investors hit millions. The share index increased to the normal degree having 0.02 percent.
According to the report, this company has increased in small and large capital stock, the Nigerian Breweries, Africa prudential, and others.
According to GTI Securities Limited, “the Nigerian equity market gained marginally yesterday. However, Investors are cautious as the market remains uncertain and striving toward recovery. Companies Q1, 2023 performances could be a driver for a positive shift.”
Further, speaking on the record of the market, each investor has their different shares, International Energy Insurance increased by 7.50 percent, R.T Briscoe has the second highest shares of 24kobo per share, and the highest is Transcorp limited had 9.73 percent.
According to the report, Linkage Assurance has a decrease of 8.33 percent, and Cham Holding Company dropped by 8.00 which makes it 23kobo per share Vitafoam Nigeria has the lowest loss of 8.65 percent with N16.90 per share.NAHCO increased by 5.45 percent and also African Prudential has 4.81 percent. 5.45per share.
Speaking on the record, investors of Courteville Business Solution have 6.67 percent which makes it 42kobo per share while sovereign Trust Insurance has lost 6.90 percent.
According to the data record, there is an increase in stock and shares, the Fidelity Bank investors have 15.974 million shares, and Livingtrust mortgage Bank has 69.974 million shares with a worth of N205.053 million. The transaction of Transcorp has the highest shares with 1.602 billion which makes it a total increase of 703.18 percent.
Further speaking on the data, United Bank For African investor traded 13.097million shares with a worth of N102.074million while Sterling Bank investor has 13.538million with a value of N19.889 million
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