Trading activities on the floor of the Nigerian Exchange (NGX) on Thursday closed positive, with a gain of N14 billion in market capitalization, as bulls regained grip on the local bourse.
Consequently, the bourse’s All Share Index (ASI) increased by 0.05% to close at 49,499.43 points while tot Year-to-date (YTD) advanced by 6,782.9 basis points or 15.9%..
In the same vein, market breadth closed positive as JBERGER led 17 gainers, with 15 losers topped by UPDCREIT at the end of the day’s trading session.
Available data from the market’s supervisory authorities indicated that as at the close of the market’s trading session the stock market value stood at N26.9 trillion.
The market’s indices reflected that the total volume of traded stocks stood at 132.5 million with the value totalling N3.14 billion from 2,999 deals.
Also, the NGX top five ASI gainers were JBERGER up + 9.91% to close at N23.30; CHAMPION up + 9.30% to close at N4.70; ARDOVA up + 9.20% to close at N19.00; THOMASWY up + 8.82% to close at N0.74; and JAPAULGOLD up + 7.69% to close at N0.28
On the flip side, the top five ASI losers were UPDCREIT down – 6.45% to close at N2.90; LASACO down – 5.56% to close at N0.85; UPL down – 5.26% to close at N1.80; WAPIC down – 5.00% to close at N0.38; and OANDO down – 2.56% to close at N3.80
A further analysis of the trading indices reflected that the top three traded stocks by volume were FBNH – 29,101,287; STERLNBANK – 18,387,438; and NB– 10,503,239
However, the three top traded stocks by value were AIRTELAFRI – N925,104,195; DANGCEM– N444,885,499; and NB – N394,984,997
