NGX closes bullish with capitalisation up N137bn
May 23, 2023126 views0 comments
By Cynthia Ezekwe
Trading activities at the floor of the Nigerian Exchange (NGX) closed bullish on Tuesday, as market capitalisation appreciated by N137 billion to close at N28.652 trillion.
The All-Share Index (ASI) increased by 0.48 per cent to close at 52,621.19 index points, as against 52,369.13 index points recorded in the previous day’s trading session.
A total of 350.97 million units of shares were exchanged in 5,946 deals, valued at N5.17 billion.
Meanwhile, UBA Plc was the most traded equity at the end of today’s session.
Market breadth closed positive as TRANSCORP Plc led the gainers table while CHELLARAM Plc led the losers chart.
TRANSCORP led the gainers chart as it gained 9.85 per cent to close at N2.90 per share; TRIPPLEG appreciated 9.83 per cent to close at N3.24 per share; UNILEVER appreciated 9.70 per cent to close at N14.70 per share; UPL increased by 9.63 per cent to close at N2.05 per share; while CHAMS gained 9.38 per cent to close at N0.35 per share.
On the contrary, CHELLARAM topped the losers chart as it depreciated 9.94 per cent to close at N1.63 per share; SUNUASSUR was down 9.43 per cent to close at N0.48 per share; CILEASING shed 8.83 per cent to close at N3.20 per share; JAPAULGOLD lost 5.71% to close at N0.33 per share; while CADBURY depreciated 5.48 per cent to close at N16.40 per share.