Stock investors gain N119bn in one week

For the close of the week, the stocks at the Nigerian Stock Exchange closed on a green trend following a gain of 46bps or 0.4 per cent week-to-date, with investors recording N119bn in one week.

Similarly, sectoral performance also experienced mixed performance as three indices closed in green and two closed in red Week-To-Date.

The Industrial index topped the gainers’ chart, gaining 317 basis points, with value traded at N8.4m units and volume traded amounting to 386,001 units.

The Banking index closely followed with 193bps, volume and value traded closing at 16.7 million units and N169.4m units.

The Insurance index also gained 172bps, with volume and value traded closing at 8.2 million units and N4.6m units respectively.

The NGX Oil and Gas and Consumer Goods indices declined by 213 basis points and 74 basis points respectively with volume for both indices closing at 2.9 million units and 7.5 million units while the value traded closed at N766.4m and N216.3m respectively.