NGX: Week’s Equities trading ends, All-Share Index appreciates by 0.02%

Chiamaka Ikechukwu

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The Nigerian Exchange (NGX) equities market sustained gain for the second consecutive day to close this week’s trading session as the All-Share Index appreciated by 0.02%.

At the end of business on Friday, the market capitalization inched up by N4 million to close at N20.572 trillion compared to Thursday’s N20.568 trillion.


The All-Share Index also appreciated by 0.02% or 39,485.65 points higher than the 39,477.18 points recorded the previous day.
Investors traded a total volume of 186.32 million units of shares valued at N1.85 billion in 3,351 deals.


The market sentiment as measured by market breadth was positive as trading closed with 18 gainers and 10 losers.


On the gainers’ chart, Morison led the table with N0.16k to close at N1.85k. It was followed by FTN Coca Processors with a price gain of N0.04k to close at N0.48k, while Sovereign Trust Insurance gained N0.02k to close at N0.25k.


On the losers’ chart, Unilever led with a loss of N1.50k to close at N13.50k, followed by Nasco with a closing price of N14.15k after losing N1.55k and AIICO Insurance Plc, which lost N0.05k to close at N0.98k.


The activity chart was dominated by transactions in the shares of Transcorp with 45.132 million shares valued at N42.141 million.


MBENEFIT followed with 29. 261 million shares valued at N8.868 million.


GTCO also had 22.093 million shares valued at N164.251 million.

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