Equities Market Depreciates by 0.95 Percent - Tellbrief.com

Equities Market Depreciates by 0.95 Percent

Investors in Nigeria’s domestic equities market witnessed a decline in major indices this week as the NGX All-Share Index and Market Capitalisation depreciated by 0.95% to close the week at 97,520.

54 and N56.039 trillion.

Similarly, all other indices finished lower with the exception of NGX CG, NGX Pension, NGX Insurance, NGX AFR Bank Value, NGX MERI Growth, NGX MERI Value, NGX Consumer Goods, NGX Oil & Gas and NGX Growth which appreciated 1.21%, 0.

61%, 3.81%, 2.

69%,0.23%, 10.

87%, 0.34%, 7.

29% and 5.43% respectively while the NGX ASeM and NGX Sovereign Bond indices closed flat.

The market opened for four trading days this week as the Federal Government of Nigeria declared Tuesday October 1, 2024, as Public Holiday to commemorate the Independence Day Celebration. The Financial Services Industry followed with 926.

615 million shares worth N14.924 billion in 19,174 deals.

Thethird place was the Oil and Gas Industry, with a turnover of 244.638 million shares worth N7.

221 billion in 4,221 deals...

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