Saturday, April 20, 2024

NGX: Investors gain N6 billion from stocks in Access, PZ, others

The gain was driven by price appreciation in stocks of AccessCorp, PZ, WAPCO, among others.

• July 1, 2022
Nigeria Exchange (NGX)
Nigeria Exchange (NGX)

Investors at the equities market gained N6 billion, or 0.02 per cent, on Friday, as market capitalisation closed the week at N27.941 trillion as against N27.935 trillion posted the previous day.

Similarly, the All-Share Index (ASI) increased by 0.02 per cent to 51,829.67 points from 51,817.59 points recorded on Thursday.

The gain was driven by price appreciation in stocks of AccessCorp, PZ, WAPCO, among others.

The market breadth was positive as 19 stocks advanced while 16 stocks declined.

Curtix Plc drove the gainers’ chart in percentage terms by 9.78 per cent to close at N2.47 per share.

Linkage Assurance followed with a gain of 9.62 per cent to close at 57k per share.

John Holt rose by 9.33 per cent to close at 82k per share, while Caverton Offshore Company also went up by 8.82 per cent to close at N1.11 per share.

PZ increased by 6.25 per cent to close at N10.20 per share.

On the other hand, Courtville Business Solutions led the losers’ chart in percentage terms by 7.84 per cent to close at 47k per share.

NACHO followed with 5.88 per cent to close at 47k per share.

Cadbury and Neimeth shed 5.51 per cent and 3.87 per cent each to close at N16.30 and N1.49 per share respectively, while UPDC lost 1.03 per cent to close at N3.74 per share.

Also, the total volume traded decreased by 2.16 per cent from 223.11 million units to 123.14 million units at N1.70 billion and exchanged in 3,642 deals.

Transactions in the shares of Guaranty Trust Holding Company (GTco) topped the activity chart with 24.07 million shares valued N165.59 million.

United Bank for Africa (UBA) followed with 22 2 million shares worth N11.14 million, while Sterling Bank traded 7.41 million shares valued N40.09 million.

Also, Oando sold 7.33 million shares at N67.52 and First Bank of Nigeria Holdings (FBNH) transacted 5.97 million shares valued at N7.28 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

Katsina State

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.”

APC rally

States

Ondo APC guber aspirants pass vote of no confidence in committee’s chairman

“As I’m speaking to you at past 10:00 am, no electoral materials have been distributed.

States

Road crash kills two, injures three in Ogun

According to her, the accident happened around 8:24 p.m.

NationWide

Group trains 109 monitors to promote transparency in governance 

Mr Obieze, however, praised assembly members already providing quality representation to their constituents.

NationWide

CSO urges politicians to embrace genuine opposition, stop carpet crossing 

Mr Ezenwa said that opposition political parties were meant to be shadow governments, through policy differentiation.

Usman Ododo

States

Kogi governor seeks FG’s help to tackle insecurity, flooding

Mr Ododo said the menace of insecurity and flooding in Kogi could impact other states bordering it if left unaddressed.

Nigerian chess master, Tunde Onakoya

Showbiz

Tinubu hails feat of Nigerian chess master, Tunde Onakoya

The President assured citizens that his administration remained committed to creating and expanding opportunities for the youth.