Trading activities on the floor of the Nigerian Exchange Group Limited (NGX) ended bullish on Thursday to close the last day of the month as the All-Share Index appreciated by 1.6 percent.
At the end of the day’s business, the overall market capitalization appreciated by N327 billion to close at N20.955 trillion, showing a 1.6 percent increase compared to the N20.627 trillion from Wednesday’s trade.
Consequently, the All-Share Index (ASI), which measures the performance of quoted companies advanced further by 628.80 basis points, representing an inccrease of 1.6 percent to close at 40, 221.17 points, being higher than Wednesday’s 39,592.29 points.
Investors saw a total volume of 1,046,712 million units of shares exchange hands in 3,752 deals.
The market sentiment, as measured by market breadth, remained positive as trading closed with 20 gainers and 14 losers.
On the price movement, University Press led the gainers’ chart with a price gain of N0.11k to close at N1.23k. PharmDeko followed with a price gain of N0.21k to close at N2.32k, while MayBaker also gained N0.41k to close at N4.88k.
On the flipside, CHAMS led the losers’ chart, with a loss of N0.02k to close at N0.21k.
AXA Mansard followed with a closing price of N2.33k after losing N0.10k and Jaiz Bank lost N0.02k to close at N0.60k.
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