Investors Gain N165 Billion as All Share Index soar by 0.30%

Date:

February 22, 2024.

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Azonuchechi Chukwu.

The Nigerian Bourse on Wednesday, advanced by 0.30% as The All Share Index soared by 0.30% closing at 101,362.38 points against the previous close of 101,060.67 points.

Investors gained N165 billion as market capitalisation also soared to N55.464 trillion from N55.299 trillion of the previous session.

The volume and value of traded stocks stood at 302.7 million units and N6.55 billion in 8,611 deals.

Market Breadth

11 stocks closed positive against 43 that declined, bringing the market breadth to a negative round up

Percentage Gainers

FBNH led the gainers chart with 9.96% growth to close at N28.70 above the previous close of N26.10.

JULI, Mutual Benefits and Regency Alliance among other gainers also grew their share prices by 9.60%, 9.37% and 7.32% respectively.

Percentage Losers

OKOMUOIL led other price decliners, shedding 10.00% of its share price to close at N243.00 from the previous close of N2.70.

MORISON, Sterling Bank and Japaulgold also shed their share prices by 9.69%, 9.58% and 9.34% respectively.

Volume Drivers

FBNH traded about 39 million units of its shares in 339 deals, valued at N1 billion.

JAPAULGOLD traded about 30 million units of its shares in 244 deals, valued at about N71 million.

TRANCORP traded about 27 million units of its shares in 393 deals, valued at N353 million. (www.naija247news.com).

Azonuchechi Chukwu
Azonuchechi Chukwuhttps://gravatar.com/azonuchechivchukwu
Azonuchechi Chukwu - Business Journalist at Naija247news.com Azonuchechi Chukwu is a seasoned business journalist contributing to the insightful coverage of economic and financial news at Naija247news.com. With a passion for unraveling the complexities of the business world, Azonuchechi brings a wealth of expertise and dedication to his role. As a Business Journalist, Azonuchechi specializes in providing comprehensive analyses of market trends, corporate developments, and economic indicators. His in-depth reports offer Naija247news.com readers a nuanced understanding of the forces shaping the Nigerian and global business landscapes. Azonuchechi Chukwu's commitment to journalistic excellence is evident in his ability to translate complex financial information into accessible and engaging narratives. Whether exploring stock market fluctuations, corporate strategies, or economic policies, he strives to deliver content that empowers readers with valuable insights. With an educational background in business and a keen interest in the intersection of finance and technology, Azonuchechi stays at the forefront of industry dynamics. His coverage extends beyond traditional financial reporting, encompassing the dynamic realms of fintech, entrepreneurship, and sustainable business practices. Azonuchechi Chukwu's work goes beyond the surface, aiming to foster financial literacy and awareness among Naija247news.com's audience. By demystifying economic complexities and shedding light on emerging opportunities, he plays a pivotal role in keeping readers well-informed in the fast-paced world of business. As Naija247news.com's Business Journalist, Azonuchechi Chukwu continues to make meaningful contributions to the platform's mission of delivering timely, accurate, and relevant business news to its diverse audience. His dedication to journalistic integrity and his ability to navigate the intricacies of the business realm make him an invaluable asset to the Naija247news.com team.

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