Trading activities on the floor of the Nigerian Exchange (NGX) sustained the bullish trend on Wednesday, with a gain of N34 billion in market capitalization, as bulls maintained their grip on the local bourse
This also translated to increase in the bourse’s All Share Index (ASI) by 0.12% to close at 51,657.56 points. Also, market breadth closed positive as NB led 21 gainers, even as the 12 losers’ table was topped by CHAMPION.
At the end of the day’s trading session, the stock market value stood at N28.13 trillion, slightly higher than the N28.1 trillion it stood in the preceding day’s session
Available data on the trading session indicated that the volume traded stood at 265.7 million at a value of N13.5 billion in N4,156 deals.
The data further reflected that the top five ASI gainers were NB up + 10.00% to close at N45.10; LIVINGTRUST 10.00up + % to close at N1.76; NAHCO up + 10.00% to close at N7.70; FCMB up + 9.97% to close at N3.86; and FIDELITYBK up + 9.86% to close at N4.79
Conversely, the market’s five top ASI losers comprised CHAMPION down – 10.00% to close at N4.95; UNITYBNK down – 6.78% to close at N0.55; UBA down – 3.61% to close at N8.00; JAIZBANK down – 3.33% to close at N0.87; and CHIPLC down – 2.99% to close at N0.65
Also, the data indicated that the top 3 traded stocks by volume were BUACEMENT – 101,653,798; TRANSCORP – 32,770,095; and ACCESSCORP – 22,955,773 while the top 3 trade stocks by value include BUACEMENT – N9,851,327,558; AIRTELAFRI – N2,086,158,676; and GTCO – N284,427,875.