Stocks rises as NGX gains N98 billion

Article Summary

• Investors begin the week positive as stocks rally.
• The All-Share Index (ASI) traded 0.35% higher to close at 52,369.13 points as market capitalization gained N98 billion to close at N28.515 trillion.
• IKEJAHOTEL (+9.85%) was the top gainer while ZENITHBANK was the most traded equity in terms of volume.

Investors at the floor of The Nigerian Exchange (NGX) began the new week in a positive mood as the local bourse closed positive.

The All-Share Index (ASI) traded 0.35% higher to close at 52,369.13 index points as against 52,187.93 index points recorded in the previous day’s trading session.

The market capitalization of equities appreciated by N98 billion to close at N28.515 trillion, a 0.34% gain compared to the N28.417 trillion recorded in yesterday’s trading session.

Market breadth closed positive as IKEJAHOTEL (9.85%) led the gainers, NCR (-9.71%) led the losers while ZENITH BANK Plc was the most traded equity at the end of today’s session.

Below are market indices for today’s trading session:

Market Indices

• NGX ASI: 52,369.13 points
• Previous ASI: 52,187.93 points
• % Day Change: +0.35%
• % YTD: +1.67%
• Market Cap: N28.515 trillion
• Volume Traded: 318.23 million
• Value: N4.05 billion
• Deals: 5,847

NGX TOP GAINERS

• IKEJAHOTEL gained 9.85% to close at N2.23 per share
• ACADEMY gained 9.80% to close at N1.68 per share
• PRESTIGE gained 9.76% to close at N0.45 per share
• NPFMCRFBK gained 9.71% to close at N1.92 per share
• CILEASING gained 9.69% to close at N3.51 per share

NGX TOP LOSERS

NCR was down by -9.71% to close at N2.79 per share

SOVRENINS was down by -8.89% to close at N0.41 per share

NEIMETH was down by -7.33% to close at N1.39 per share

ARDOVA was down by -6.95% to close at N18.75 per share

ROYALEX was down by -5.77% to close at N0.49 per share

TOP 3 BY VOLUME

• ZENITHBANK      53,434,420
• ACCESSCORP      48,034,489
• UBA                      31,111,033

TOP 3 BY VALUE

• ZENITHBANK      N1,381,259,308
• GTCO                    N541,037,919
• ACCESSCORP      N486,299,055