NGX All-Share Index Surpasses 200,000 Points

NGX All-Share Index Surpasses 200,000 Points

11:33
Business and Tech

The Nigerian stock market opened the week on a bullish note, as the All-Share Index gained 3,067.6 points to close at 201,474.9, crossing the 200,000 mark for the first time, with BUA Cement leading the rally.

Market capitalisation rose by N3 trillion to N129.3 trillion, while trading volume increased to 948.1 million shares, reflecting stronger investor participation on the Nigerian Exchange.

Gainers included BUA Cement and Premier Paints, while VFD Group and Royal Exchange declined amid profit-taking.

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Sovereign Trust Insurance had the highest trading volume with 72.5 million shares, followed by Access Holdings at 69.8 million and First HoldCo at 67.03 million. Zenith Bank (59.9 million) and Nigerian Breweries (55 million) also saw strong activity.

Zenith Bank on the other hand recorded the highest market value with N5.9 billion, followed by Aradel at N5.57 billion, MTN at N5.56 billion, Nigerian Breweries at N4.03 billion, and Seplat at N3.5 billion.


Source: VON – https://von.gov.ng/ngx-all-share-index-surpasses-200000-points/