The Nigerian Exchange (NGX) closed positive on Thursday as bulls took control of the trading session, thereby marginally driving the local bourse’s performance upswing.
At the end of the stock buying and selling session, the All-share Index (ASI) appreciated by 0.29% to close at 52,752.96 points just as the market capitalization grew by N84 billion to close at N28.733 trillion while the Year-to-Date (YTD) returns settled at 2.24%. The equities market has advanced so far by 1,003.99 basis points since trading sessions opened early January this year.
The day’s trading data indicated that the market breadth closed positive as GEREGU led the 25 gainers’ table while the 7 losers’ chart was topped by RTBRISCOE at the end of today’s session.
The market indices also reflected that the total volume of traded stocks stood at 139.6 million with a total value of N2.02 billion recorded in 3,549 deals.
The market data further reflected that the top five ASI gainers were CHELLARAM up + 10.00% to close at N1.65; TRIPPLEG up + 10.00% to close at N0.88; RTBRISCOE up + 10.00% to close at N0.33; OKOMUOIL up + 9.76% to close at N181.10; and CAVERTON up + 8.42% to close at N1.03 were the top ASI gainers at the end of the day’s trading.
On the flip side, the NGX five top ASI losers were THOMASWY down – 9.66% to close at N1.31;
CORNERST down – 6.90% to close at N0.54; GEREGU down – 5.90% to close at N134.00; HONYFLOUR down – 5.15% to close at N2.21; and CWG down – 4.26% to close at N0.90
A further analysis of the day’s trading session data showed that while GTCO – 17,792,614; ACCESSCORP – 15,378,997; and FIDELITYBK – 11,903,528 topped the ASI by volume, GTCO – N433,176,121; GEREGU – N239,008,263; ZENITHBANK – N142,091,992 topped the stock value table at the end of the day’s trading session.
