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Investors gain N264bn as NGX sustains bullish run


Investors' wealth on the Nigerian Exchange Limited continued to rise on Tuesday, increasing by N264bn. The market capitalization and All-Share Index also saw a 0.71% increase. This positive trend is driven by investors' optimism in the local market and economy, following the news of Dr. Yemi Cardoso's nomination as the governor of the Central Bank of Nigeria. Although the volume of shares traded grew by 31.33%, the number of deals decreased by 8.35% and the value of trade depreciated by 33.97%. Exciting times in the Nigerian stock market!

The market sentiment remained bullish with 36 gainers and 27 losers. Some top-performing stocks include Berger Paints (+9.95%), Oando (+9.92%), BUA Foods (+6.32%), PZ (+1.45%), and GTCO (+0.43%). SCOA (-10%), Unilever (-8.28%), UBA (-1.96%), FBN Holdings (-1.69%), and Accesscorp (-0.29%) were among the losers. Exciting movement in the stock market!

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