The Nigerian Exchange (NGX) sustained its bullish momentum as the All-Share Index (ASI) of listed equities close higher by 0.31%.
Investor sentiment was strong, pushing market capitalization up by ₦480.15 billion to close at ₦156.79 trillion with ASI advanced further by 0.31% to close at 244,455.70 points.
The day’s trading activity ended with 1.20 billion shares in volume, valued at ₦51.35 billion that exchanged hands in 56,880 deals compared with the previous NGX trading day (Monday, June 8), today’s data shows 104% improvement in volume, 110% improvement in turnover, but 22% decline in deals.
The market breadth closed positive with 33 gainers and 32 decliners.
AIRTELAFRI led the gainers chart, with 10.00% profit to close at ₦4,021.20, followed by INTENEGINS with +9.90% and ABBEYBDS recorded a +9.76% profit.
LEARNAFRCA paced the losers’ chart with a 10.00% drop on its share price to close at ₦9.45. Other major decliners included NAHCO, FIDSON, and GUINNESS.
Top performers
STERLINGNG was the most actively traded stock by volume with over 714 million shares changing hands, while ARADEL led in total value traded.
The sectoral Indices indicates that the broader market continued to show resilience across key segments, with the NGX Banking Index and the NGX Pension Index recording steady gains, while the NGX Oil & Gas Index experienced minor profit-taking.
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