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NSE investors' net worth rose by 6.19% in December

03 January 2014, 10:28

Lagos- Investors’ net worth on the Nigerian Stock Exchange (NSE) appreciated by 6.19 percent in the month of December 2013 from the 3.45 percent achieved in November.

 Official statistics provided by NSE showed that the All-Share Index rose by 2408.34 points to close the year at 41 329.19 from the 38 920.85 achieved in November.

The market capitalisation grew by N778 billion to close at N13.226 trillion compared with N12.448 trillion recorded in November.

The volume of shares traded also grew by 5.57 percent with 10.04 billion shares worth N71.12 billion traded in 90 765 deals.

This was against the 9.51 billion shares worth N95.40 billion traded in 104 233 deals in November.

The financial services sector emerged the toast of investors in December with 6.99 billion shares worth N26.1 billion traded in 45 560 deals.


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