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AIICO INSURANCE - NEWS
Its Year-to-Date (YTD) returns are currently at+45.70%. Nigerian Stock Exchange market capitalization now stands at N20.447 trillion.
The All-Share Index and Market Capitalization appreciated by 7.46% to close the week at 36,804.75 and N19.236 trillion respectively.
The market breadth index was positive as WAPCO led the gainers' list today, while VANLEER topped the laggards
The local bourse recorded 40 losers against 6 gainers to begin trading on the negative route.
AIICO insurance Plc shareholders have given their nod to a rise in the firm’s authorized capital to N20 billion.
The market breadth closed negative as AIICO led 19 Gainers as against 22 Losers topped by NNFM at the end of today's session.
Nigerian bourse trading turnover printed positive as Monday trading volume surged by +118.38% as against -26.12% downtick recorded last Friday.
Six new insurance firms and one reinsurance company have been issued operational licenses by the National Insurance Commission (NAICOM).
The market breadth closed flat as NCR led 21 Gainers as against 21 Losers topped by AFRIPRUD at the end of today's session.
Twenty-one (21) equities appreciated at price during the week, lower than sixty-nine (69) equities in the previous week.
AIICO Insurance has announced the declaration of additional bonus shares for shareholders of the Company.
The market was mostly bearish on profit-taking from retail investors, notably on ZENITHBK (-1.73%) and MTNN (-1.29%).