News: NGX sustains bullish momentum with marginal gain of N6billion

Posted By: ndeeney

Article Summary

Key Market Indices closed positive as NGX experiences marginal gain.
The All-Share Index (ASI) traded 0.02% higher to close at 55,820.50 points as market capitalization gained only N6 billion to close at N30.394 trillion.
STANBIC IBTC Plc (10.00%) led the gainers while FBN HOLDINGS Plc was the most traded equity in terms of volume.

The Nigerian Exchange (NGX) closed positive at the end of today’s trading session.

The All-Share Index (ASI) traded 0.02% higher to close at 55,820.50 index points as against 55,808.25 index points recorded in the previous day’s trading session.

The market capitalization of equities gained only N6 billion to close at N30.394 trillion, a marginal 0.02% gain compared to the N30.388 trillion recorded in the previous trading session.

Market breadth closed positive as STANBIC IBTC Plc (10.00%) led the gainers, FTNCOCOA (-9.59%) led the losers while FBN HOLDINGS Plc was the most traded equity – by volume – at the end of today’s session.

Market Indices

Below are the market indices for today’s trading session:

NGX ASI: 55,820.50 points
Previous ASI: 55,808.25 points
% Day Change: +0.02%
% YTD: +8.91%
Market Cap: N30.394 trillion
Volume Traded: 455.76 million
Value: N6.12 billion
Deals: 7,457

NGX TOP GAINERS

STANBIC gained 10.00% to close at N44.00 per share
MRS gained 9.92% to close at N49.30 per share
CONOIL gained 9.73% to close at N69.90 per share
ETERNA gained 9.47% to close at N9.25 per share
PZ gained 8.82% to close at N18.50 per share

NGX TOP LOSERS

FTNCOCOA was down by -9.59% to close at N0.66 per share
UPDC was down by -8.93% to close at N1.02 per share
CHAMS was down by -8.89% to close at N0.41 per share
MBENEFIT was down by -7.69% to close at N0.36 per share
STERLING was down by -7.56% to close at N2.08 per share

TOP 3 BY VOLUME

FBNH 102,748,291
ACCESSCORP 55,679,382
UBA 48,792,306

TOP 3 BY VALUE

FBNH N1,399,797,120
ACCESSCORP N678,908,968
ZENITHBANK N627,642,246

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