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AIICO INSURANCE - NEWS
Dangote Cement appreciated today at the NGX by 7.49%, with its market cap gaining N430 billion.
The NGX has rebounded from its cool-off yesterday as the All-Share Index appreciated by 0.66%, gaining 540.88 points to close at 82,565.26 points today.
For the first time in 2024, the NGX closed a trading day in the bearish region, as the All-Share Index crashed by 1.4% to close at 82,024.38 points, from yesterday’s 83,191.84 points.
The Nigerian Exchange Limited (NGX) concluded 2023 on a positive note, buoyed by restored investor confidence in listed companies.
Over the course of five trading days, spanning from December 27, 2023, to January 3, 2024, equities listed on the NGX surged by approximately N2.063 trillion, coinciding with a 5.11% rise in the NGX’s All-Share Index during this period.
The NGX started the year on a very bullish note as the All-Share Index smashed the 75,000 mark. The All-Share Index gained 1.63%, appreciating by 1,217.11 points to close at 75,990.88 points.
AIICO Insurance Plc has been admitted as the second private domestic institutional investor in InfraCredit, following Leadway Assurance Plc’s initial involvement.
The NGX started the week on a bearish note as the All-Share Index declined by 0.15% to close at 71,008.7 points.
After hitting the 70,000 mark two weeks ago, the NGX hit another milestone today, crossing 71,000, as the All-Share Index gained 0.25% to close at 71,014.34 points.
The NGX closed the week in the positive territory as the All-Share Index increased by 0.22% to close at 70,196.73 points.
The NGX All-Share Index closed at 66,915.41 points, a 0.27% decline from the 67,098.81 points recorded yesterday.
Nigerian insurance industry witnesses impressive growth as premium volume reaches N726.2 billion in 2022.