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30th Anniversary: MFM convention kicks off @Prayer City - ITREALMS

ITREALMS : The special international convention to mark the 30th anniversary of Mountain of Fire and Miracles Ministries (MFM) kicked ...

Sunday, November 24, 2013

CWG shines @ Nigeria's Stock Market

DigitalSENSE Business News:

The Computer Warehouse Group (CWG) last weekend made up its promise to head to the Nigeria’s Stock Exchange this November.

DigitalSENSE Business News reports that the Nigerian capital market activities closed with All-Share Index going up by 0.03 per cent last week at 37,883.53, while the market capitalization appreciated by 0.14 per cent to close at N12.117 trillion.

At the end of the trading for the penultimate day, shows that the top three equities namely Computer Warehouse Group Plc, Transnational Corporation of Nigeria Plc and WAPIC Insurance plc; measured by volume accounted for 582.873 million shares worth N1.690 billion in 1,604 deals, contributing 36.78 per cent and 10.66 per cent to the total equity turnover volume and value respectively.

Experts say that three of the indices appreciated during the week, namely the NSE Banking, NSE Oil, Gas and NSE Industrial Goods going up by 0.86 per cent, 11.55 per cent and 2.85 per cent in that order. Conversely, NSE 30, NSE Consumer Goods, NSE Insurance, NSE Lotus II and NSE-ASeM indices slipped by 1.04 per cent,3.95 per cent, 0.61 per cent, 1.73 per cent and 0.35 per cent in that order.


Further investigations showed DigitalSENSE Business News that the third place was occupied by the ICT industry with 108.423 million shares worth N565.405 million in 197 deals.

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