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BUSINESS & ECONOMYCapital MarketNEWSLETTER

Investors Gain N7.9bn, As Stock Exchange Makes Bullish Run

Stock Exchange: Week Climaxes With N45bn Gain

The stock exchange recorded a positive market run, as investors gained N7.9 billion, while the All-Share Index (ASI) rose by 0.04 percent.

The equity capitalisation stood at N19.73 trillion against the N19.724 trillion recorded on Tuesday.

The All-Share Index (ASI) grew to 37,872.55 from 37,857.24.

The volume of shares also dropped to 197.23 million from the 197.27 million recorded on Tuesday.

Deals traded on the stock exchange floor stood at 3,610 against 3,567.

Share values appreciated to N2.13 billion against N1.92 billion recorded on Tuesday.

Top Gainers

CAPHOTEL: Closed at N2.64 kobo, up 10 percent.

NCR: Closed at N3, up 9.89 percent.

UNITYBK: Closed at N0.63 kobo, up 6.78 percent.

TOTAL: Closed at N168, up 6.06 percent.

FTNCOCOA: Closed at N0.41 kobo, up 5.13 percent.

READ ALSO: NGX Admits GTB Holdco, List Shares

Top Losers

LINKASSURE: Closed at N0.70 kobo, down 5.41 percent

CORNERST: Closed at N0.53 kobo, down 5.36 percent.

OANDO: Closed at N3.01 kobo, down 4.14 percent.

CHIPLC: Closed at N0.68 kobo, down 2.86 percent.

ACCESS: Closed at N9, down 2.17 percent.

Leading the activity chart was UBA with 35.92 million shares traded by investors.

Following was ACCESS with a share volume of 28.64 million.

ZENITHBANK follows with 17.64 million shares.

Others are UPDC with shares of 13.76 million and GTCO with 10.37 million shares.

About Author

Kindness Udoh is a writer and media enthusiast with vast experience in journalism, copywriting, and features across beats. He also has professional certifications in creative writing. You can reach him via [email protected]

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