The new trading week began on a good note as Nigeria’s Stock Market recorded 0.22 percent or N61 billion rise at the end of trading yesterday.
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and its equities witnessed an increase in the market’s year-to-date (YtD) positive return.
This return saw it rise to 2.59 percent with 52,579.52 points and N28.629 trillion recorded as against the previous day’s 52,465.31 points and N28.568 trillion in the trading session.
Insurance, consumer goods, banking stocks as well as oil and gas stocks were purchased by many investors who took advantage of the impressive first-quarter (Q1) 2023 earnings seasons.
The advancers league sees Multiverse at the top of the summit as its share price went from N3.10 to Red Star is currently next on the summit as it’s share price also increased from N2.41 to N2.65, up by 24kobo or 9.96per cent.