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CORNERSTONE INSURANCE - NEWS
The most traded stocks by volume were GUARANTY (46.15 million units), FBNH (35.34 million units), and DANGSUGAR (26.81 million units).
Listed Insurance companies to incur over N112 billion in claims in 2020.
Why the insurance sector is currently the best performing stock market index in the country
The FG's Autogas programme is expected to deliver at least 1 million vehicle conversions by the end of 2021.
Six new insurance firms and one reinsurance company have been issued operational licenses by the National Insurance Commission (NAICOM).
Twenty-one (21) equities appreciated at price during the week, lower than sixty-nine (69) equities in the previous week.
With 38 gainers to 8 losers, Nigeria's bourse sectoral indices closed mostly positive.
Sixty-eight (68) equities appreciated at price during the week, higher than twenty-eight (28) equities in the previous week.
Market breadth index was negative with 21 losers against 11 gainers.
The aggregate market value of all quoted equities rose from its opening value of N14.202 trillion to settle at N15.110 trillion.
Fifteen (15) equities depreciated in price, lower than twenty-eight (28) equities in the previous week.
Twenty-eight (28) equities depreciated in price, lower than thirty-one (31) equities in the previous week.