NGX maintains bullish trend as market capitalisation gains N167 billion
May 24, 202396 views0 comments
By Cynthia Ezekwe
The Nigerian Exchange (NGX) closed trading on Wednesday on a positive ground as market capitalisation appreciated by N167 billion to close at N28.819 trillion.
The All-Share Index (ASI) increased by 0.58 per cent, to close at 52,927.60 index points as against 52,621.19 index points recorded in the previous day’s trading session.
A total of 455.18 million units of shares were exchanged in 6,635 deals valued at N7.83 billion.
Also, ACCESS HOLDINGS Plc was the most traded equity by volume, while ZENITHBANK was the most traded by value at the end of Wednesday’s trading session.
Market breadth closed positive as NESTLE Plc with a 9.98 per cent increase, while CHELLARAM Plc led the losers chart with a 9.82 per cent decline.
NESTLE led the gainers table as it gained 9.98 per cent in its share prices to close at N1148.00 per share; TRIPPLEG appreciated 9.88 per cent to close at N3.56 per share; UACN gained gained 9.76 per cent to close at N9.00 per share; UPL increased by 9.76 per cent to close at N2.25 per share; while RTBRISCOE appreciated 9.68 per cent to close at N0.34 per share.
On the contrary, CHELLARAM topped the losers table as it shed 9.82 of its share prices to close at N1.47 per share; MCNICHOLS lost 9.59 per cent to close at N0.66 per share; WAPIC was down 8.70 per cent to close at N0.42 per share; ACADEMY declined by 7.14 per cent to close at N1.56 per share; while CUTIX depreciated 3.23 per cent to close at N2.40 per share.