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Tuesday, October 11, 2022
Nigerian Change [Photo Creadit: Business Live Nigeria]
Buying and selling on the Nigerian Change Ltd. (NGX) was bullish on Monday following buyers’ curiosity in some medium and largely capitalised shares.
Particularly, the market capitalisation garnered N116 billion or 0.45 per cent to shut at N25.907 trillion from N25.791 trillion on Friday
Additionally, the All-Share Index superior by 214.49 factors or 0.45 per cent to shut at 47,565.92 towards 47,351.43 achieved on Friday.
Accordingly, the year-to-date return elevated to 11.35 per cent.
The upturn was impacted by features by shares, amongst that are: Might and Baker, Entry Holding, United Financial institution for Africa (UBA) and NGX Group.
The market breadth closed damaging with 12 gainers in distinction with 15 laggards.
Might and Baker led the gainers’ chart in share phrases by 9.76 per cent to shut at N4.05 per share.
Ikeja Resort adopted with a achieve 9.73 per cent to shut at N1.24, whereas BUA Cement appreciated by 8.65 per cent to shut at N56.50 per share.
Conerstone rose by eight per cent to shut at 54k, whereas Unity Financial institution appreciated by 7.32 per cent to shut at 44k per share.
However, College Press led the losers’ chart in share phrases by 8.70 per cent to shut at 21k per share.
AXA Mansard Insurance coverage adopted with 8.74 per cent to shut at N1.50, whereas Cadbury shed 6.94 per cent to shut at N11.40 per share.
FTNCocoa misplaced 6.67 per cent to shut at 28k per share.
Caverton Offshore Assist Group depreciated by 5.94 per cent to shut at 95k, whereas Cutix fell by 4.63 per cent to shut at and N2.06 per share, respectively.
Transactions within the shares of Warranty Belief Holding Firm (GTCO) topped the exercise chart with 38.87 million shares valued at N659.1 million.
FBN Holdings adopted with 22.83 million shares value N216.87 million, whereas Transcorp traded 9.61 million shares valued at N10.08 million.
NGX Group traded 6.28 million shares valued at N134.53 million, whereas Chams transacted 5.31 million shares value N1.45 million.
In all, the whole quantity of shares traded elevated by 8.47 per cent to 125.65 million shares value N1.9 billion traded in 4,188 offers.
This was in distinction with 137.28 million shares valued at N1.71 billion transacted in 3,845 offers on Friday.
(NAN)
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