Trading on the floor of the Nigerian Exchange (NGX) was bullish on Friday with investors gaining N193 billion at the end of the week’s trading sessions as bulls sustained their grip on the local bourse during the day’s trading
As expected, the market’s All Share Index (ASI) also increased by 0.69% to close at 51,222.34 points. But then, the market breadth closed negative as NPFMCRFBK led 16 gainers, with 18 losers topped by PZ at the end of the day’s trading session.
At the close of trading, data showed that the stock market value stood at N27.899 trillion, slightly lower than the N28.1 trillion the previous day even as it advanced year-to-date by 373.32 points or 0.72%.
The trading session figures further indicated that the volume traded stood at 195.7 million at a value of N7.44billion in N3,650 deals.
The data also showed that the top five ASI gainers were NPFMCRFBK up + 9.55% to close at N1.72; NEIMETH up + 8.39% to close at N1.55; ETERNA up + 5.57% to close at N7.20; NGXGROUP up + 5.39% to close at N25.40; and WAPIC up + 4.88% to close at N0.43
On the flip side, the market’s five top ASI losers comprised PZ down – 9.09% to close at N11.00; CHIPLC down – 7.69% to close at N0.60; FTNCOCOA down – 6.67% to close at N0.28; CHAMPION down – 5.31% to close at N4.64; ACADEMY down – 5.30% to close at N1.25
The top 3 traded stocks by volume were FBNH – 41,896,396; BUACEMENT- 30,196,179; and UBA – 17,320,005 while the top 3 trade stocks by value comprised BUACEMENT – N2,896,598,733; AIRTELAFRI – N1,700,762,321; and FBNH – N466,501,504
