Market capitalisation gains N143 billion
The market capitalisation of Nigerian Exchange Ltd. (NGX) on Thursday gained N143 billion, or 0.55 per cent, to close at N26.328 trillion from N26.185 trillion.
Similarly, the All Share Index (ASI) increased by 0.55 per cent to close at 48,837.76 points from 48,571.75 points on Wednesday.
The market closed positive as 30 stocks were on the gainers’ chart, with 16 others on the laggard’s table.
Cadbury and Mutiverse led the gainers’ chart in percentage terms by 10 per cent to close at N9.35 and 22k per share respectively.
Trans Express followed with a gain of 9.88 per cent to close at 89k while CAP rose by 9.77 per cent to close at N21.90 per share. Seplat also went up by 9.09 per cent to close at N1, 200.
On the other hand, Champion led the losers’ chart in percentage terms by 6.88 per cent to close at N2.30k per share, just as FTNCocoa shed 5.14 per cent to close at 37k per share.
Linkage Assurance lost 3.92 per cent to close at 49k per share, while Courtville lost 3.77 per cent to close at N51k per share.
Fidelity Bank followed with 3.47 per cent to close at N3.62 per share.
A total of 759.65 million shares valued at N5.54 billion were exchanged in 5,032 deals.
Also, the total volume traded increased to 391.89 million units from 245.42 million units recorded the previous day.
Also total value of trade stood at N9.95 billion exchanged in 5,419 deals.
Transactions in the shares of First City Monument Bank(FCMB) topped the volume chart with 503.98 million shares valued N1.76 billion.
Transcorp followed with 36.18 million shares worth N41.85illion, while Honey Flour traded 25.06 million shares valued N92.82 million.
First Bank of Nigeria Holding Bank (FBNH) traded 16.96 million shares valued N201.81 million, while AIICO transacted 16.60 million shares worth N12.52 million.
(NAN)
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
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.”
Sport
Ministry signs N35 billion MoU with firm for sports development
Mr Enoh said that the partnership would help to inject funding into sports development from the private sector.
Economy
Kerosene price stood at N1,354.40 in March: NBS
It said the South-South recorded the lowest average retail price per litre of kerosene at N1,273.07.
States
Gov. Ododo warns against breach of peace
My administration will no doubt resist any attempt to instigate violent protests in any part of the state under any guise
Heading 2
Okuama Killings: Senator commends DHQ for release of detained traditional ruler
The king was released on Friday by the Defence Headquarters after spending about three weeks in the military custody.
Heading 3
Court adjourns Nnamdi Kanu’s N1 billion suit against FG for adoption of processes
Mr Benye said the instant suit was an abuse of court process.
Heading 5
Two die in Ilaro-Owode road crash
She said that a total number of seven people were involved, which comprised four men and three women.