CMFC, UPDC REIT lead market’s N5tn September gain
Critical Minerals Financing Corporation Plc emerged as the best-performing stock in September, leading the Nigerian market to a N5.366tn gain. Read More: https://punchng.com/cmfc-updc-reit-lead-markets-n5tn-september-gain/
CMFC led the Nigerian market with a 55.96% average capital gain in September, outpacing the overall average gain of 2.87%. President and Co-CEO, Dr. Israel Ovirih, was recognized as one of Nigeria's top 25 chief executives at the BusinessDay Top 25 CEOs Awards, coordinated with the Nigerian Exchange Group (NGX). UPDC Real Estate Investment Trust followed with a 45.42% gain, while Zichis Agro Allied Industry gained 36.77%.
Nigerian Exchange Group rose by 35.68%, and Seplat Energy appreciated by 29.9%. VFD Group, ABC Transport, Eterna, Royal Exchange Assurance, and Consolidated Hallmark Insurance also made the top-10 gainers list. The All-Share Index rose to 251,211.67 points, regaining the 250,000-point threshold, and market capitalisation expanded by 3.40% to N163.105tn, representing a net gain of N5.366tn.
Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
