Finance
NGX All-Share Index sustains bullish run, up 0.15%
Closing the first month in January, the Lagos bourse closed higher as the benchmark index gained 0.15% to settle at 53,238.67 points. Gains in GEREGU (+10.00%) drove the overall market’s strong performance. As a result, the year-to-date (YTD) return rose to 3.88%, while market capitalisation gained ₦44.03bn to close at ₦29.00trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 3.86%. A total of 250.19m shares valued at ₦5.88bn were exchanged in 4,328 deals. GTCO (-0.20%) led the volume chart with 14.16m units traded, while AIRTELAFRI (+0.00%) led the value chart in deals worth ₦3.31bn.
Market breadth closed positive at a 1.57-to-1 ratio with advancing issues outnumbering declining ones. GEREGU (+10.00%) topped twenty-one (21) others on the gainer’s table, while CHAMS (-10.00%) led thirteen (13) others on the leader’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 53,238.67 | 0.15 | 3.88 |
| Market Cap. (₦ ‘trillion) | 29.00 | 0.15 | 3.88 |
| Volume (millions) | 250.19 | 24.25 | |
| Value (₦ ‘billion) | 5.88 | 3.86 |
-
News2 days agoCourt orders British Govt. to pay £420m to 21 coal miners killed by colonial masters
-
Finance2 days agoCBN cuts 1-Year Treasury Bill rate, rejects Bids
-
Agriculture2 days agoOver 2.5m metric tonnes of food valued N2trn produced in 2yrs—FG
-
Maritime2 days agoNIMASA mulls expansion of deep blue project, calls for continued partnership with Navy
-
Economy2 days agoBPE, stakeholders unite to rollout $500m free meters, DisCos pledge to lead drive
-
Business2 days agoMTN to acquire controlling stake in IHS Holdings, eyes full ownership
-
Oil and Gas2 days agoDangote refinery backs gantry loading, cautions against costly coastal evacuation
-
Economy16 hours agoDubai’s consumer electronics maker, Maser Group to invest $1.6bn in Nigeria, others