NGX: Trading opens on positive note with 0.1% gain

Toyin Ajadi, Lagos

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At the end of the first weekday of trading on the Nigerian Exchange, a total of 311.26 million shares with market value of N8.64 billion were traded in 5,159 deals.

 

The All Share Index appreciated by 0.1% or 42.71 points to close at 43,897.13, just as the market capitalization also inched up by N23billion to close at N23,650 trillion from N23,627 trillion at the close of trading last week.

 

Monday’s trading had a total of 110 equities participant with 28 gainers and 19 losers at the close of trade.

 

Top on the gainers list for the day was BUA Foods with a price gain of N5.30k to close at N58.50k. It was followed by MRS Oil Nigeria with N1.20k gain to close at N13.55k, then AIICO Insurance with N0.06k gain and a closing price of N0.84k.

 

On the other hand, Northern Nigeria Flour Mills lost 0.70k to close at N6.55k, followed by Union Bank which lost N0.40k to close at N5.40k and Redstar Express with a loss of N0.22k and a closing price of N3.23k.

 

BUA Foods recorded the highest volume of 101 million traded shares, followed by Transnational Corporation of Nigeria with 51.2 million shares.

 

Bilkisu Pai

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