Bourse records uptick as investors gain N272bn
February 2, 2023462 views0 comments
By Cynthia Ezekwe
Trading activities on the Nigerian Exchange (NGX) platform recorded an uptick on Thursday, as market capitalization grew by N272 billion to close at N29.411 trillion.
The All-share Index (ASI) was up 0.93 per cent to close at 53,998.12 points.
Meanwhile an aggregate of : 2.8million units of shares were traded in 3,940 deals, valued at N8.06 billion.
The market breadth closed positive as MRS led 27 gainers, against 12 equities that lost their share prices, topped by SUNUASSUR.
MRS led the gainers chart, as it grew by 10.00 per cent to close at N17.60; NNFM appreciated 9.88 per cent to close at N8.90; INTENEGINS increased by 9.76 per cent to close at N0.90; SEPLAT was up 9.50 per cent to close at N1325.00; while CORNERST grew 9.09 per cent to close at N0.60.
On the contrary, SUNUASSUR led the losers chart as it shed 8.11 per cent to close at N0.34; MBENEFIT was down 7.69 per cent to close at N0.36; LINKASSURE declined by 6.25 per cent to close at N0.45; VERITASKAP depreciated 4.76 per cent to close at N0.20; while PZ down lost 4.65 per cent to close at N10.25.
At the end of the trading activities on Thursday, the Year-to-Date (YtD) returns settled at 4.65 per cent, while the stock market advanced by 2402.46 basis points.