Trading on the Nigerian Exchange on Friday closed positive as bullish investors controlled the trend after a 2-losing streak, with market capitalization gaining N33 billion at the end of the day’s transactions.
As expected, the equities All-Share Index (ASI) traded 0.09% higher to close at 68,143.34 index points as against 68,082.11 index points recorded in the previous day’s trading session.
Similarly, the market capitalization of equities closed at N37.295 trillion, representing 0.09% higher than the N37.262 trillion it recorded at the close of Thursday’s trading.
The market indices indicated that the total volume of equities traded stood at 483.49 million with a value of N8.34 billion recorded in 6,660 deals compared to the 378.09 million traded from the previous day’s session.
Data from the Nigerian Exchange Group (NGX) on the day’s trading showed that the market breadth closed positive as OANDO (10.00%) led the gainers’ table, CHELLARAM (-9.94%) led the losers’ chart and FCMB was the most traded equity by volume at the end of today’s session.
The data further reflected that OANDO, CWG and NEIMETH led the top gainer’s chart with each recording +10.00%, +9.89%, and +9.80% gain respectively while CHELLARAM, OMATEK and ABCTRANS led the top losers’ chart as they lost –9.94%, -9.38%, and –8.13% respectively.
According to the NGX, FCMB led the chart in terms of volume as 116.87 million units traded and ACCESS HOLDINGS (36.25 million) and OANDO (34.23 million) rounded up the top 3 traded stocks for today.
Also, in terms of the value traded, FCMB (N791.36 million) led the chart followed by ACCESS HOLDINGS (N631.84 million) and UBA (N521.61 million) to round up the top three equities at the end of the day’s trading session.
