Capital Market

Equities Market Attracts N281bn Investment in Q1

Statistics have shown that Nigerian equities has attracted N281.602 billion invested in 29.297 billion shares traded in 326,334 deals in the first quarter of the year.

The statistics showed that investors made the highest investment of N99.35 billion staked on 12.291 billion shares in 104, 578 deals in February.

January accounted for N98.749 billion spent on 9.215 billion shares in 128,798 deals, while March recorded N83.602 billion committed in 7.791 billion shares in 92,958 deals.

A further analysis of the trading figures showed that the highest value of  the weekly investment was recorded in the last week of March as investors traded invested N26.811 billion in 1.870 billion in 21,632 deals.

The last week of February followed with N26.698 billion invested in 1.809 billion  shares in  25,342 deals.


About Author

This is BizWatchNigeria. Nigeria's first online business Newspaper.

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.