Monthly market report: ASI gains 2% in September as market volume hits 10 billion shares

Oct. 1, 2024 - Nairametrics

The All-Share Index showed a significant upward movement in September, surging by 1,979.25 points to close the month at 98,558.

79 index points. GREIF NIGERIA PLC: Provided an update on its voluntary winding-up process, an important note for stakeholders.

FLOUR MILLS OF NIGERIA PLC: Proposed the acquisition of minority shares by Excelsior Shipping Company Limited, indicating strategic growth plans. OutlookLooking ahead, the All-Share Index is poised to continue its upward trajectory as it seeks to recover from the lows experienced in August.

With the banking index demonstrating sustained bullish momentum, further gains are anticipated, particularly in light of the substantial trading volumes within this sector...