NGX market closes on positive note as market cap gains N65bn
Investors had a good day on Thursday as trading at the Nigerian Exchange (NGX) closed in the green zone with the market capitalization appreciating by N65 billion to close at N20.668 trillion compared to N20.603 trillion on Wednesday.
The All-Share Index inched up by 0.32% to close at 39,670.29 points, being 124.62 points higher than Wednesday’s 39,545.67 points.
The market sentiment also shared in the positivity as trading ended with 23 gainers as against 16 losers.
At the end of Thursday’s trading, investors traded 201.8 million shares with market value of N1.68 billion in 3,274 deals.
Neimeth International Pharma led the gainers with N0.17k price appreciation to close at N1.87k. It was followed by Nigerian Aviation Handling Company( NAHCO) with price appreciation of N0.27k to close at N2.97k and Honeywell Flour Mill with N0.27k price appreciation to close at N2.98k.
On the flip side, Nigerian Breweries led the losers’ table with a closing price of N52.00k after losing N5.00k. Next was Consolidated Hallmark Insurance, which lost N0.03k to close at N0.42k and Sovereign Trust Insurance, which lost N0.01k to close at N0.26k.
Courtville had the highest volume of traded shares for the day as it traded 34.8 million shares, followed by Exobank Transnational which traded 18.7 million shares.
VON
