NGX extends bullish run, features N85 billion

Saturday, September 3, 2022

Nigeria Exchange (NGX)

Nigeria Change (NGX)

The Nigerian Change Ltd., (NGX) recorded one other constructive efficiency on Friday, with a achieve of N84.65 billion market capitalisation closed at N26,994 trillion from N26,909 trillion on Thursday.

Additionally, the All-Share Index (ASI) elevated by 156.03 factors or 0.31 per cent to shut at 50,045.83 from 49,889.80 trillion recorded on Thursday.

The upturn was as a result of features recorded in massive and medium capitalised shares, amongst that are: Zenith Financial institution, Stanbic Financial institution, Nigerian Breweries and MTN Nigeria (MTNN).

The market closed constructive as 21 shares gained relative to 9 losers.

FCMB Group recorded the best achieve of 9.06 per cent to shut at N3.49 per share.

Stanbic Financial institution adopted with 6.45 per cent to shut at N33, whereas Etranszact rose by six per cent to shut at N2.65 per share.

Transcorp rose by 4.76 per cent to shut at N1.10, whereas NPF Microfinance appreciated by 4.52 per cent to shut at N1.62 per share.

Courtville Enterprise Options gained by 4.17 per cent to shut at 50k per share.

However, Caverton Offshore Help Group led the losers’ chart by 9.50 per cent to shut at N1.62 per share.

Eterna adopted with 9.17 per cent to shut at N5.45, whereas NCR shed 9.09 per cent to shut at N3 per share.

Japaul Gold and Ventures misplaced 7.50 per cent to shut at 37k, whereas Ecobank Transnational Included shed 7.20 per cent to shut at N11.60 per share.

Nevertheless, the entire quantity traded decreased to 240. 02 million items valued at N2,68 billion and exchanged in 3,435 offers.

This was in distinction with 229.12 million shares price N1.75 billion traded in 3,575 offers on Thursday.

Transactions within the shares of Sterling Financial institution topped the exercise chart with 93.7 million shares valued at N136.01 million.

Constancy Financial institution adopted with 28.77 million shares valued at N97.1 million.

Fidson Healthcare adopted with 13.85 million shares price N130.38 million, whereas Warranty Belief Holding traded 13.04 million shares valued at N258.52 million.

(NAN)

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