NGX: Benchmark index advances by 0.08%

Toyin Ajadi, Lagos.

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Equities trading on the last weekday of trading on the Nigerian Exchange (NGX) closed in the positive territory with the All-Share index appreciating by 0.08% to close at 39,552.34 points just as the Market capitalization rose by N17 billion to close at N20,591 trillion. This made it the fourth consecutive day of gains in the week.


At the end of the day’s trading, a total of 188.83 million shares worth N3.21 billion exchanged hands in 3,267 deals.


Friday’s trading ended with 20 gainers and  16 losers.


Top on the gainers list was FTN Cocoa processors with a gain of N0.04k to close at N0.44k. It was followed by Honeywell Flourmill with share price appreciation of N0.18k to close at N2.05k, then Prestige Assurance Company which gained N0.04k to close at N0.48k.


On the flip side, Cutix came out last with N0.55k loss to close at N5.00k. Next was Juli Plc with N0.10k loss to close at N0.91k and Sovereign Trust Insurance lost N0.02k to close at N0.26k.


Flour Mills Nigeria recorded the highest volume of 52.5 million traded shares, followed by Honeywell Flour Mill with 15.5 million shares.

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