Trading on the Nigerian Exchange Limited closed positive on Friday amid buy and sell-off session dominated by the bulls thereby swinging the broad market’s indices up at the end of the session.
Data from the Nigerian Exchange Group (NGX) on the day’s trading reflected that All Share Index (NGX ASI) and the Market Capitalization increased by 0.32%, while the Year-to-Date (Y-t-D) return stood at 2.25%.
Specifically, the data indicated that NGX ASI closed at 52,403.51 while Market Capitalization rose to N28.534 trillion at the end of the trading session.
Also, the volume of stocks traded increased by 34.04% totalling 3,128.761 million shares, while the total value of stock traded decreased by 25.83% to N13.068 billion in 5,573 deals.
A further analysis of the trading indices on sector-by-sector performance showed that the Conglomerates sector led the activity chart with 2734.128 million shares exchanged for N8.532 billion. Financial Services came next with 275.335 million shares traded for N2.754 billion, Consumer Goods, ICT, Oil And Gas sectors followed in that order on the activity chart.
The NGX report listed the five most active stocks by volume traded as including TRANSCORP, ACCESSCORP, FIDELITYBK, UBA and CHAMS while SOVRENINS, BERGER, CADBURY, CWG and FIDELITYBK emerged the highest price gainers on the chart.
Conversely, the top ASI losers comprised CUTIX, TRANSCORP, CHAMPION, ROYALEX and LIVESTOCK.
