All-Share Index Falls Further Despite 69% Rise in Trading Value - THISDAYLIVE

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All-Share Index Falls Further Despite 69% Rise in Trading Value

Investors staked N2.537 billion on 185.944 million shares in 3,083 deals at the stock market yesterday. This, represented an increase of 68.7 per cent compared with N1.504 billion invested in 151.714 million shares in 2,854 deals the previous day.

A look at the activity chart in volume terms showed that Zenith Bank Plc recorded the highest transaction of 60.9 million shares, followed by FCMB Group Plc with 37.3 million shares, while GTBank Plc accounted for 27.9 million shares. In value terms, Zenith Bank remained the leader with N1.1 billion, trailed by GTBank Plc that recorded N744.4 million, while Nestle Nigeria Plc recorded N242.1 million.

According to the company, until his appointment, Young was a strategic consultant to key subsidiaries of Chams Plc including Chams Switch Ltd and Chams Mobile Ltd.

 

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