Nigerian Exchange Group (NGX) experienced a 2.22% gain, bringing the All-Share Index to 104,674.67 points, up by 2,272.79 points from the previous week’s 102,481.55 points.
Gatekeepers News reports that this resulted in investors gaining N1.244 trillion, and the market capitalization increased to N57.282 trillion from N56.038 trillion.
However, despite the bullish stance of the market, there were more losers (38) than gainers (24) on the day. The gainers chart was led by Dangote Cement, which continued its bullish momentum with a 9.93% appreciation.
The trading volume saw a 32.8% increase to 689.93 million units, up from last week’s 519.39 million units.
The value of trading also saw a 193.1% increase to N25.94 billion, up from N8.85 billion.
Market Indices
- NGX All-Share Index: 104,674.67 points
- % Day Change: +2.22%
- Day’s Lowest: 100,682.64 points
- Day’s Highest: 105,005.75 points
- % YTD: +39.99%
- Market Cap: N57.28 trillion
- Volume Traded: 689.93 million units
- Value Traded: N25.94 billion
Top Gainers
- OANDO: +9.96% to close at N13.80
- DANGCEM: +9.93% to close at N763.00
- TRIPPLEG: +9.89% to close at N3.11
- BERGER: +9.81% to close at N17.35
- ROYALEX: +8.97% to close at N0.85
- DEAPCAP: +8.97% to close at N0.87
Top Losers
- IKEJAHOTEL: -10.00% to close at N6.75
- DAARCOMM: -10.00% to close at N0.81
- CADBURY: -9.80% to close at N20.70
- NPFMCRFBK: -8.88% to close at N1.95
- ELLAHLAKES: -8.48% to close at N3.02
- REGALINS: -8.16% to close at N0.45
Top Traded Stocks
In terms of trading volume, JAPAULGOLD (+3.90%) led with 83.86 million units, followed by TRANSCORP (-3.09%) with 42.80 million units, ZENITHBANK (-2.33%) with 34.54 million units, ACCESSCORP (-2.10%) with 34.11 million units, and GTCO (-0.46%) with 33.34 million units.
In terms of trading value, DANGCEM (+9.93%) led with N8.58 billion, followed by BUACEMENT (+2.98%) with N5.38 billion, GTCO (-0.46%) with N1.50 billion, ZENITHBANK (-2.33%) with N1.46 billion, and STANBIC (0.00%) with N1.43 billion.
SWOOT and FUGAZ Update
Trading sentiment was mixed for stocks worth over N1 trillion, as DANGCEM (+9.93%) and BUACEMENT (+2.98%). While ACCESSCORP (-2.10%), GTCO (-0.46%), ZENITHBANK (-2.33%), and UBA (-1.64%) experienced price declines.
Other SWOOT members such as AIRTELAFRI, MTNN, SEPLAT, BUAFOODS, GEREGU, and TRANSCOHOT experienced no price changes.
FBNH recorded no price changes today.
