The Nigerian Exchange (NGX) opened its trading session on Monday in bullish momentum as investors gained N24 billion at the end of the trading session.
The All-Share Index (ASI) traded 0.71% higher to close at 67,877.17 index points as against 67,395.74 index points recorded in the previous day’s trading session.
Similarly, the local bourse’s market capitalization of equities remarkably surged by N264 billion to close at N37.150 trillion, 0.71% higher than the N36.886 trillion recorded during last Friday’s the trading session.
A further analysis of the market indices showed that the equities traded by volume totalled 515.28 million, valued at N8.92 billion that exchanged hands in 8,357 deals.
Data from the market’s supervisory group, the Nigerian Exchange Group (NGX) on stocks’ performances during the trading session also indicated that the market breadth closed positive as CHAMS (10.00%) led the gainers, OMATEK (-10.00%) led the losers while UBA was the most traded equity – by volume – at the end of today’s session.
According to the data, the top three ASI gainers were CHAMS, NNFM, and OANDO while OMATEK, SKYAVN, and BETA GLASS led the top losers’ chart as they lost –10.00%, -9.95%, and –9.93% respectively.
UBA led the chart in terms of volume as 109.47 million units were traded. UNIVINSURE (65.40 million) and TRANSCORP (42.31 million) rounded up the top 3 traded stocks for today.
However, in terms of value traded, UBA (N1.93 billion) led the chart followed by ACCESS HOLDINGS (N703.40 million) and TRANSCORP (N264.95 million) to round up the top three.
