The Nigeria’s stock market has started the year 2022 on a positive side, rising to 0.73% or N887billion on Tuesday, the first trading day of the year.
The Nigerian Exchange Limited All-Share Index rose to 43,026.23 points on January 4, from a low of 42, 716.44 points as of December 31, 2021.
The value of listed stocks on the Nigerian Bourse has moved higher from the trading day by N22.296trillion to N23.183trillion.
BUA Cement Plc led the gainers after their share price increased from the preceding day to low, about N67.05 to N71.95, up to 7.3 %, while Stanbic IBTC followed, rising from N36 to N38, up by 5.6%.
Chams Plc, Wema Bank, Zenith Bank, Transcorp, and Sovereign Trust Insurance were the most traded stocks on the Bourse. In 4,080 deals, investors exchanged 216,650,589 shares valued at N1.515billion.