After days of bearish runs, the equities market returned to positive territory as the All-Share Index gained 0.5% to hit 67,217.77 points.
Equities gained N187 billion as the exchange’s market capitalization appreciated to N36.929 trillion from N36.742 trillion recorded the previous day.
Analysis of the day’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 44.26%.
A total of 319.90 million shares valued at N6.33 billion were exchanged in 6,272 deals. ACCESSCORP (+0.00%) led the volume chart with 50.78 million units traded, while GTCO (+2.27%) led the value chart in deals worth N1.50 billion
Market Indices
Here are the market Indices for today’s trading session
- NGX All-Share Index: 67,217.77 points
- % Day Change: +0.51%
- Day’s Lowest: 66,876.92 points
- Day’s Highest: 67,217.77 points
- % YTD: +31.15%
- Market Cap: N36.93 trillion
- Volume Traded: 319.90 million
- Value: N6.33 billion
- Deals: 6,272
Top Gainers and Losers
Flour Mills of Nigeria (FLOURMILL), University Press (UPL), and Chams Holdings (CHAMS) topped the gainers chart as they recorded +9.93%, +9.81%, and +9.37% respectively. Geregu Power (GEREGU) with +9.05%, and Thomas Wyatt (THOMASWY) with +9.02% completed the list of the top five gainers at the close of trading.
VFD Group (VFDGROUP) led the losers’ chart with –9.98%. ABC Transport (ABCTRANS) with –9.88%, FTN Cocoa Processors (FTNCOCOA) with -3.70%, Nigerian Exchange Group (NGXGROUP) with –3.67%, and Vitafoam Nigeria (VITAFOAM) with –3.44% complete the list for the top five losers of the day.
Top Traded Stocks
Access Holdings (ACCESSCORP) led the chart of most traded stocks in terms of volume with 50.78 million units traded. It was followed by GTCO Holdings (GTCO) with 42.04 million units, Fidelity Bank (FIDELITYBK) with 32.12 million, UBA (UBA) with 25.76 million units, and Sterling Nigeria (STERLINGNG) with 19.37 million units.
With respect to value traded, GTCO Holdings (GTCO) with N1.497 billion topped the chart, followed by Access Holdings (ACCESSCORP) with N837.97 million, UBA with N496.69 million, Nestle Nigeria (NESTLE) with N403.94 million, and Fidelity Bank (FIDELITYBK) with N264.07 million.
SWOOTs and FUGAZ Update
For Stocks Worth Over One Trillion, it was a quiet trading day as BUACEM, BUAFOOD, AIRTELAFRI, DANGCEM, and SEPLAT recorded zero changes at the close of trading. However, MTNN, GTCO and ZENITHBANK all appreciated by 0.20%, 1.14%, and 0.90% respectively.
For the Tier-1 banks, trading was positive as UBA (+3.92%), GTCO (+1.14%) recorded appreciations in their share prices. While FBNH, ZENITHBANK, and ACCESSCORP recorded no price changes from yesterday.
