Nigerian equities traded in positive territory at the end of Friday’s trading session as Investors snapped a 2-losing streak to end the week positive.

The All-Share Index (ASI) traded 0.09% higher to close at 68,143.34 index points as against 68,082.11 index points recorded in the previous day’s trading session.

Likewise, the market capitalization of equities saw a gain of N33 billion to close at N37.295 trillion, 0.09% higher than the N37.262 trillion recorded in the previous trading session.

Market Indices

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

Other News

NGX ASI: 68,143.34 points

% Day Change: +0.09%

% YTD: +32.96%

Market Cap: N37.295 trillion

Volume Traded: 483.49 million

Value: N8.34 billion

Deals: 6,660

How Stocks Performed

Market breadth closed positive as OANDO (10.00%) led gainers, CHELLARAM (-9.94%) led losers while FCMB was the most traded equity – by volume – at the end of today’s session.

Top Gainers and Top Losers

OANDO, CWG and NEIMETH led the top gainer’s chart as they all gained +10.00%, +9.89%, and +9.80% respectively.

Meanwhile, CHELLARAM, OMATEK and ABCTRANS led the top losers’ chart as they lost –9.94%, -9.38%, and –8.13% respectively.

Top Traded Stocks

  • There was higher trading activity in terms of volume as 483.49 million units of shares were traded today compared to the 378.09 million traded from the previous day’s session.
  • FCMB led the chart in terms of volume as 116.87 million units were traded. ACCESS HOLDINGS (36.25 million) and OANDO (34.23 million) rounded up the top 3 traded stocks for today.
  • In terms of value traded, FCMB (N791.36 million) led the chart followed by ACCESS HOLDINGS (N631.84 million) and UBA (N521.61 million) to round up the top three. 

SWOOTs Watch

  • Shares of stocks worth over one trillion (swoot) saw mixed results as MTN NIGERIA (-0.11%), ZENITH BANK (-0.14%) and GTCO (-0.38%) all recorded negative trading sessions.
  • BUA CEMENT, BUA FOODS, SEPLAT ENERGY, DANGOTE CEMENT and AIRTEL AFRICA all closed flat.

FUGAZ Update

Shares of tier 1 banks saw mixed trading sessions as GTCO (-0.38%), UBA (-0.33%) and ZENITH BANK (-0.14%) all recorded negative trading sessions while both ACCESS HOLDINGS (0.57%) and FBN HOLDINGS (1.65%) closed positive.