NGX: All share index extends growth by 0.08%

Key performance indicators of the nation’s bourse closed on Friday with a marginal growth of 0.08 per cent.
Specifically, the All-Share Index rose by 32.28 points or 0.08 per cent to close at 39,522.34 compared with 39,490.06 achieved on Thursday.
Also, the market capitalisation of listed equities increased by N17 billion or 0.08 per cent to close at N20.591 trillion from N20.574 trillion reported on Thursday.
A breakdown of the price movement chart shows that FTNCocoa led the gainers’ table in percentage terms, gaining 10 per cent to close at 44k per share.
Honeywell Flour followed with 9.63 per cent to close at N2.05, while Prestige Insurance increased by 9.09 per cent to close at 48k per share.
UPDC added 8.85 per cent to close at N1.23, while Japaul Gold increased by 8.51 per cent to close at 51k per share.
On the other hand, Cutix dominated the laggards’ chart in percentage terms with 9.91 per cent to close at N5 per share.
Juli trailed with 9.90 per cent to close at 91k, while Sovereign Trust Insurance shed 7.14 per cent to close at 26k per share.
Veritas Capital was down by 4.35 per cent to close at 22k, while Courteville Business Solution dipped 4 per cent to close at 24k per share.
However, the volume of shares traded closed lower as investors bought and sold 188.84 million shares valued at N3.22 billion in 3,267 deals.
This was against a total of 570.20 million shares worth N2.28 billion exchanged in 3,764 deals on Thursday.
Flour Mills Nigeria was the most active stock, exchanging 52.47 million shares valued at N1.59 billion.
Honeywell Flour followed with an account of 15.49 million shares worth N31.64 million, while Sterling Bank sold 13.68 million shares valued at N21.17 million.
Wema Bank traded 13.35 million shares worth N10.52 million, while FBN Holdings traded 10.88 million shares valued at N78.89 million.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Politics
ADC faction withdraws from Edo LG election, cites credibility concerns
“There is no point participating in an election whose result has already been determined before the exercise is conducted,” Mr Osaze said.
![Governor Ahmed Ododo of Kogi [Photo Credit: Twitter]](https://gazettengr.com/wp-content/uploads/G_al6PKXIAAfMKN.jpg)
States
Gov. Ododo donates 10 electric motorcycles to FRSC in Kogi
Mr Ododo said the equipment would enhance the FRSC’s operational capacity, improve emergency response and strengthen highway patrol operations.

Economy
Senate okays sale of Lafarge to Huaxin, demands strict regulatory compliance
The decision follows consideration of the Senate ad hoc committee’s report on the transaction.

States
Edo PDP boycotts LG election
The PDP alleged that the process is rooted in illegality and constitutional violations.

Economy
S&P Dow Jones places Nigeria on 2027 frontier market watchlist
According to the S&P DJI, Nigeria’s regulatory environment has been modernised to improve transparency, enforcement and market integrity.

Abuja
Court fixes October 14 for trial in absentia of five suspects linked to terrorist kingpin Bello Turji
The judge fixed the date following an oral application by the federal government’s lawyer, David Kaswe.





