Stock Investors Earn N119bn in One Week

At the end of the week, shares on the Nigerian Stock Exchange closed in the green after rising 46 basis points or 0.4 percent week-to-date, with investors registering N119 billion in one week. Similarly, the sectoral performance also witnessed mixed performance as three indices closed in green and two closed in red from week to date.
The industrial index topped the gainers chart, gaining 317 basis points, with a trading value of 8.4 million naira, and the trading volume was 386,001 units. The Banks Index was closely followed by 193 basis points, as trading volume and value closed at 16.7 million units and 169.4 million units. The insurance index also rose 172 basis points, as trading volume and value closed at 8.2 million units and 4.6 million units, respectively. The NGX Oil and Gas and Consumer Goods indices fell by 213 basis points and 74 basis points respectively with both indices closing at 2.9 million units and 7.5 million units while the traded value closed at 766.4 million and N216.3 million respectively.