Government, corporates raise N4.58 trillion from fixed income market

At the close of transactions yesterday, the All-Share Index (ASI) declined by 42.61 absolute points, representing 0.11 per cent loss to close at 37,804.46 points while market capitalisation value lost N22 billion to close at N19.703 trillion.

On the other hand, Royal Exchange led the losers’ chart with 10 per cent to close at 63 kobo while Japaul Gold and Ventures followed with a decline of 9.80 per cent to close at 46 kobo.

FTN Cocoa Processors recorded the highest price gain of 10 per cent to close at 33 kobo while Ikeja Hotel followed, adding 9.89 per cent to close at N1.00 kobo.

Linkage Assurance rose by 9.09 per cent to close at 60 kobo, while Mutual Benefits Assurance gained 5.26 per cent to close at 40 kobo, per share.

Consolidated Hallmark Insurance lost 9.38 per cent to close at 58 kobo, while E-Tranzact International shed 8.44 per cent to close at N2.06, per share.

E-Tranzact International followed with 20.950 million shares worth N43.158 million, while Fidelity Bank traded 13.680 million shares valued at N31.383 million..

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