Trading on the Nigerian Exchange (NGX) opened positive on Monday as bulls dominated the trading session, thereby growing the All-share Index (ASI) by 0.28% to close at 54,367.74 points.
Available data from the market’s supervisory institution showed that at the end of the trading session, market capitalization grew by N84 billion to close at N29.612 trillion while the Year-to-Date (YtD) returns settled at 5.37%.
So far, the stock market has advanced by 2,772.08 basis points since commencing of trading on January 4, this year
A further analysis of the bourse’s performance reflected that the market breadth closed flat as SOVRENINS led 16 gainers while MCNICHOLS topped the 16 losers’ table at the end of day’s trading session.
The official data indicated that at the close of trading, the total volume of stocks traded was 191.6 million valued at N4.79 billion in 4,359 deals
The data reflected that the top five ASI gainers were SOVRENINS up + 10.00% to close at N0.33; LINKASSURE up + 8.89% to close at N0.49; INTENEGINS up + 8.08% to close at N1.07; IMG up + 4.55% to close at N8.05; and COURTVILLE up + 4.08% to close at N0.51
The market indices further reflected that the top five ASI losers include MCNICHOLS down – 8.96% to close at N0.61; PRESTIGE down – 8.70% to close at N0.42; FTNCOCOA down – 6.06% to close at N0.31; JAPAULGOLD down – 5.88% to close at N0.32; and SUNUASSUR down – 5.88% to close at N0.32
Also, the top three traded stocks by volume were GTCO– 50,585,023; ZENITHBANK– 18,016,793; and CHAMS– 16,627,842 while the top three traded stocks based on value were, GTCO – N1,270,534,883; AIRTELAFRI– N1,172,014,083; and SEPLAT– N722,250,843
