Nigeria’s equities market closed positive on Monday amidst buy-interests and sell-off among investors in a bulls-dominated trading session, thereby boosting the broad market’s performance.
As a result of the bullish trend in the bourse, the All-share Index (ASI) appreciated by 0.13% to close at 55,605.57 points while the market capitalization grew by N42 billion to close at N30.291 trillion.
The market’s data from the Nigerian Exchange Limited (NGX), showed the market’s Year-to-Date (YtD) returns settled at 7.77%, thereby advancing the market by 4,009.91 basis points since the trading session kicked off on January 4 this year.
The data indicated that the market breadth closed positive as JBERGER led the 16 gainers’ table while CWG topped the 20 losers’ table at the end of the trading session. Also, the volume of stocks traded stood at 123.5 million with a value of N24.8 billion in 4,076 deals.
The market’s trading indices also showed that the five top ASI gainers were JBERGER up + 10.00% to close at N26.95; UNITYBNK up + 9.26% to close at N0.59; INTENEGINS up + 8.33% to close at N1.30; LIVESTOCK up + 4.67% to close at N1.12; and CHAMS up + 4.00% to close at N12.20
Conversely, the top five ASI losers were CWG down – 7.14% to close at N0.91; FTNCOCOA down – 6.67% to close at N0.28; OANDO down – 4.39% to close at N4.36; COURTVILLE down – 4.17% to close at N0.46; and JAPAULGOLD down – 3.45% to close at N0.28
In addition, the data indicated that the top 3 traded stocks by volume were TRANSCORP –11,799,602; GTCO –9,396,289; and UBA –9,191,865 while those that topped the value table comprised GEREGU – N604,268,872; GTCO – N248,301,617; and NESTLE – N184,009,445.
