Get new posts by email
Menu

Investors at Nigerian Stock Exchange ranked N1.15tn in September

Newnaija 2 weeks ago 0 0
Newnaija.com.ngwp-content/uploads/2024/10/Stock-Exchange-300×169.jpg 300w” sizes=”(max-width: 1024px) 100vw, 1024px”>

The Nigerian Exchange Market has refused to bow to the impact of the economic hardship in the country as investors in NGX gained over N1.15 trillion in September 2024.

This is according to data from NGX at the close of trading on Monday.

Accordingly, the market capitalization, which represents the total value of investment listed on the Exchange, closed at N56.635 trillion, up from N55.477 trillion at the close of trading in August 2024.

In the same vein, another stock market major indicator, the NGX All Share Index, ASI, rose by 2.05 percent in the month under review to close yesterday at 98,558.79 points from 96,579.54 points in August 2024.

The sectorial activities were also on the upbeat as the NGX Mainboard Index grew by 0.9% to close at 4,832.03 points from 4,790.05 points.

The NGX 30 Index rose by 2.05 percent to close at 3,663.48 points from 3589.95 points. NGX Premium Index grew by 4.5 percent to close at 9.050.21 points from 8,661.24 points. The Banking Index grew by 10.2 percent and the Pension Index rose by 5.95 percent.

The Year-to-Date returns went up 31.8 percent, as the total volume traded increased significantly by 134.1 percent to 1.86 billion units, valued at N111.58 billion, and exchanged in 10,583 deals.

Investors at Nigerian Stock Exchange ranked N1.15tn in September

Written By

Welcome to NewNaija, your ultimate source for the latest news, entertainment, and lifestyle trends in Nigeria and beyond. Our mission is to provide up-to-date and relevant content that keeps you informed and connected to the pulse of Nigeria. From breaking news and political updates to music, fashion, and tech, NewNaija covers it all with accuracy and speed.

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)

Copy link