Stock market trades bullish as investors gain N174 billion

The Nigerian Exchange (NGX) closed today’s trading activities with a gain of N174 billion in market capitalization, as bulls maintained their grip on the local bourse.

The All Share Index (ASI) increased by 0.61% to close at 52,048.85 points. In the same vein, market breadth closed positive as ELLAHLAKES led 35 gainers, with 6 losers topped by ABBEYBDS at the end of today’s session.

As of the close of the market on Wednesday, the stock market value stood at N28.34 trillion.

 Market Indices                  

• NGX ASI: 52,048.85 points
• Previous ASI: 51,729.87 points
• Percentage Day Change: 0.61%
• Market Cap: N28.349trillion
• Volume: 211.7million
• Value: N7.72 billion
• Deals: 3,462

NGX Top ASI gainers

• ELLAHLAKES up + 10.00% to close at N3.96
• LASACO up +10.00% to close at N1.10
• INTBREW up + 8.60% to close at N5.05
• DANGSUGAR up + 7.19% to close at N17.15
• SUNUASSUR up + 6.90% to close at N0.31

NGX Top ASI losers

• ABBEYBDS down – 10.00% to close at N1.53
• CHELLARAM down – 9.76% to close at N1.48
• FTNCOCOA down – 3.57% to close at N0.27
• NAHCO down – 3.55% to close at N6.80
• ROYALEX down – 2.00% to close at N 0.98

Top 3 by Volume

• MANSARD – 26,251,578
• GTCO – 19,807,904
• CHAMS – 17,906,364

Top 3 by Value

• AIRTELAFRI – N4,135,010,452
• MTNN – N1,154,245,841
• DANGCEM – N687,616,958