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Equities Regain Rally With N74b Gain

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Equities Regain Rally With N74b Gain

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With his 25th start in Tuesday’s semi-final against Croatia, Messi tied Lothar Matthaus’ record for the most World Cup appearances. Messi scored their first goal to bring his tally to five, matching that of leader Kylian Mbappe of France, whose nation played Morocco in the other semi-final last night.

Following Tuesday’s victory, thousands of Argentineans took to the streets to commemorate the country’s sixth World Cup final appearance.

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The Common Value-Based All Share Index (ASI), which tracks all share prices on the NGX, increased by 134.50 basis points or 0.28 percent to close at 48,988.04 points as opposed to 48,853.54 points when it opened. From its beginning value of N26.609 trillion to its closing value of N26.683 trillion, the aggregate market value of all quoted equities increased.

The favorable overall market position, with 16 advancers to 12 decliners, was caused by broad optimism, particularly in large- and mid-cap companies.

The price increase to finish at N2.26 per share for Red Star Express was the greatest at 9.71%. Chams came next, gaining 9.52 percent to finish at 23 kobo. To closing at 85 kobo per share, SCOA Nigeria increased by 8.97%. Learn Africa gained 8.84% to settle at N1.97, while Lasaco Assurance gained 7.14% to close at 90 kobo per share.

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There were 2,832 transactions totaling 88.039 million shares for N1.676 billion. The most active company on the market was Guaranty Trust Holding Company (GTCO), which had 10.214 million shares worth N213.647 million. With 9.787 million shares worth N225.271 million, Zenith Bank came in second. 7.911 million shares worth N7.023 million were traded by Jaiz Bank. United Capital traded 4.471 million shares worth N61.571 million, while Sterling Bank traded 5.167 million shares worth N7.089 million.

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