Consequently, market capitalization and year to date return settled at N17.78 trillion and 30.91% respectively. A total volume of 264.2million units of shares, valued at N2.94billion exchanged hands in 4,354 deals
#Access Bank was the most traded shares by volume at 36.4million units, while #ZenithBank topped by value at N538.6million
The sectorial performance was positive as the Insurance, Industrial, #Banking, and #Energy indexes advanced by +3.50%, +2.40%, +2.04%, and 0.42% respectively
Conversely, the #Consumer Goods index fell by -0.09%. Sector performance #NSE Insurance Index: Up by +3.50%, on price appreciation in MANSARD (+9.38%) and AIICO (+4.35%)
NSE Industrial Index: Rose by +2.40% due to the gains in #WAPCO (+7.14%) and DANGCEM (+3.72%)
#Nigerian bourse continued its bullish run amid #Nigeria’s latest #inflation figure revealing the highest rate recorded in 34 months since January 2018, when the rate stood at 15.13%
#Bulls seem to be rallying high amid soaring optimism from institutional #investors, and high buying pressure noticed in many #Nigerian blue-chip stocks that include #Dangote Cement, WAPCO, #ZenithBank, and #GTBank
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One of such picks is decentralized financial (#DeFi) protocols Yearn.finance (YFI) and Aave.
Valid reasons experts picked Yearn.finance (YFI) and #Aave, taking into consideration that #Circle is offering high yield digital dollar corporate accounts with 8.5% to 10.75% annual percentage yields, using both Yearn and Aave
#Nigerian Stocks win Grand slam, investors gain N390 billion
#Nigerian Stocks extended their gains to fourth consecutive trading days, as the All-Share Index (#ASI) advanced further by 2.10% to close the day at 36,239.62 points.
Market Capitalization gained N390.18 billion to settle at N18.94 trillion while the Year-to-Date (YTD) returns to print at 34.30%.