NGX Closes Positive With Market Cap Gain Of N10bn
NGX
Trading activities on the floor of the Nigerian Exchange (NGX) closed the first session of the week with a gain of N10 billion in market capitalization, as bulls regain their grip on the local bourse.
Also, the All Share Index (ASI) increased by 0.04 per cent to close at 48,899.08 points, the highest point since 04 October.
Analysis of yesterday’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions increasing by 120.07 per cent.
A total of 236.59 million units of shares valued at N2.52 billion were exchanged in 3,334 deals.
ACCESSCORP (-0.58%), led the volume chart and value chart with 120.98 million units traded in deals worth N1.03 billion.
Market breadth closed negative at a 1.25-to-1 ratio with declining issues outnumbering advancing ones.
NEIMETH (-8.57%) led nine (9) others on the laggard’s table, while LEARNAFRICA (+9.70%) topped seven (7) others on the gainer’s log.
About The Author
