Thursday, January 9, 2025
Home Finance Inventory market rises by 0.82% on mark appreciation in MTN, others

Inventory market rises by 0.82% on mark appreciation in MTN, others

Transactions on the floor of the Nigerian inventory market on Tuesday closed on a definite enlighten, pushed by 8.ninety 9% express within the fragment prices of MTN Nigeria and other 36 stocks on the inexperienced desk.

The All Fragment Index rose by 0.82% to cessation at 102,186.03 functions from the earlier cessation of 101,356.15 functions.

The Market Capitalisation hottest by 0.82% to cessation at N61.944 trillion from the earlier cessation of N61.441 trillion, thereby gaining N503 billion.

An combination of 431.7 million units of shares were traded in 8,369 offers, valued at N18 billion.

The Market Breadth closed definite as 37 equities hottest in their fragment prices in opposition to 21 equities that declined in their fragment prices.

Percentage Gainers

MRS led other gainers with 10.00% express to cessation at N217.80 from the earlier cessation of N198.00.

Ikeja Resort and MULTIVERSE amongst other gainers also grew their fragment prices by 9.95% and 9.90% respectively.

Percentage Losers

THOMASWYAT, CAVERTON and WAPIC led other mark decliners as they shed 10.00%, 7.35% and 5.03% respectively.

Quantity Drivers

UBA traded about 51 million units of its shares in 563 offers, valued at about N1.86 billion.

Trendy Insurance traded about 50 million units of its shares in 217 offers, valued at N25 million.

GTCO traded about 17 million units of its shares in 179 offers, valued at about N1 billion.

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