Business

The Nigerian currency market gains 1.31%

today01/23/2024 3

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The Nigerian Exchange Limited has continued this year’s bullish run as the All-Share Index appreciated by 1.31 per cent on Monday and reached a new high of 95,768.12 points, an increase of 1,230 points from last Friday’s 94,538.12 points.
Equities gained N673 billion as the market cap appreciated by 1.31 per cent to hit N52.408 trillion, up from last Friday’s N51.735 trillion.
Regarding trading volume, there was a 14.5% decline to 721.81 million units from last Friday’s 844.49 million units. This is as trading value declined by 4.2 per cent to N14.41 billion from last Friday’s N15.04 billion.
A further analysis showed that the top gainers are Sunu Assurances Nigeria Limited, 10.00 per cent to close at N1.98, Dangote Cement, +9.99% to close at N592.60 and three other firms.

 

Written by: bossgmsi

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