Trading activities on the floor of the Nigerian Exchange (NGX) on Friday ended with investors gaining N281 billion as bulls regained grip on the local bourse.
Available data on the day’s trading indicated that the All Share Index (ASI) increased by 1.06% to close at 48,881.93 points while market capitalization appreciated by N281 billion.
By the end of the trading session, the stock market value stood at N26.6 trillion. The value at the end of Friday trading represented an increase by 6165.49 basis points or 14.43% since the beginning of this year
According to the data, the total volume traded stocks stood 100.8 million, valued at N1.14 billion in 2,440 deals
The gainers were PRESTIGE up +9.52% to close at N0.46; BUACEMENT up +9.17% to close at N91.70; THOMASWY up + 9.09% to close at N0.48; WAPIC up +8.82% to close at N0.37; and PHARMDEKO up +8.11% to close at N2.00
On the flip side of the NGX trading breadth indicated that the top losers were UNITYBNK down – 9.26% to close at N0.49; SCOA down – 9.20% to close at N0.79; JAPAULGOLD down – 6.90% to close at N0.27; LIVESTOCK down – 4.31% to close at N1.11; and CHAMS down – 4.17% to close at N0.23
According to the data, the top 3 traded stocks by volume were STERLNBANK – 34,188,273
; GTCO – 7,273,320 and JAPAULGOLD– 34,188,273 while the top 3 traded stocks by value were MTNN – N403,781,044; GTCO- N403,781,044; and BUACEMENT – N124,796,505.
