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Stock Market stays 0.55% afloat, gains N304bn

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Stock Market stays 0.55% afloat, gains N304bn

03 May, 2024

The Nigerian Bourse on Thursday extended bullish to second straight sessions, the first since March 28th, 2024 as the All Share Index rose by 0.55% to close at 98,762.78 points from Tuesday’s close of 98,225.63 points. Investors gained N304 billion as market capitalisation advanced to N55.857 trillion from N55.553 of the last trading session.An aggregate of 665 million units of shares were traded in 8,446 deals, valued at N5.5 billion.

The Market Breadth closed positive as 29 equities appreciated in their share prices against 14 that declined in their share prices.PRESCO and Flourmills of Nigeria led other gainers with10% growth each to close at N229.90 and N33.55 from the previous close of N209.00 and N30.50 respectively.Sterling Bank grew 9.98% and Dangote Sugar grew 9.90% ahead of other stocks.

 
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