Equities transaction on the floor of the Nigeria Exchange Group Limited, NGX, appreciated at close of midweek trades by 0.3 percent after two days of bearish trajectory.
Gains in stocks such as FBN Holdings, JULI among others led to an increase in the All-Share Index at the Exchange by 301.71 basis points, representing a 0.3 percent profit to close at 101,362.38 points higher than Tuesday’s 101,060.67 points.
Similarly, the market capitalisation of listed equities inched up by 0.3 percent or N165 billion to close at N55.463 trillion compared to the N55.298 trillion of the previous day.
The midweek trading session was however negative with 11 gainers relative to 44 decliners.
FBN Holdings led the gainer list with a 9.96 profit on its share price to close at N28.70k followed by JULI with a 9.60 percent gain per share to close at N1.94k; the MBENEFIT gained 9.38 percent to close at N0.70k per share.
On the other hand, OKMUOIL recorded a 10 percent loss on its share price to close at N243.00. MORISON followed with a 9.69 percent drop to close at N2.05k per share while STERLINGNG shares dropped by 9.58 percent to close at N4.34k
The day’s business ended with 302.73 million unit of shares that exchanged hands in 8,611 deals.
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