You are here: HomeNews2020 12 31Article 404744

Business News of Thursday, 31 December 2020

Source: dailytrust.com

Investors gain N213bn as stocks appreciate

Nigeria Stock Exchange Nigeria Stock Exchange

The market maintained the previous session’s uptrend as the benchmark index rose one per cent  to settle at 39,512.31 points following price upticks in BUA Cement (+10%), International Brewery (+10%) and FBNH (+1.4%).

Accordingly, the year to date return improved to 47.2% and market capitalization advanced N213.4 billion to settle at N20.7 trillion.

‘Real estate difficult business for women’Concern as 4 out of 30 journalists killed in 2020 are NigeriansActivity level was mixed as volume traded declined 48.4percent to 372.9m units while value traded rose 162.6percent to N11.5bn. The most traded stocks by volume were UBA (60.6m units), Dangote Cement (33.2m units) and Zenith (27.5m units) while Dangote Cement  (N8.0bn), Zenith (N690.9m) and UBA (N524.7m) led by value.