NGX: Market indices up by 0.12%
The Nigerian Exchange Ltd. (NGX) on Wednesday gained N32 billion, or 0.12 per cent, as market capitalisation closed at N26.947 trillion as against N26.915 trillion on Tuesday.
Also, the All-share index gained 59.25 points or 0.12 per cent to close at 49,475.43 from 49, 416.18 recorded on Tuesday.
Market breadth closed positive as 21 stocks were on the leader’s table, while 11 were on the laggard’s log.
UPL led the gainers’ chart in percentage terms by 9.83 per cent to close at N1.90 per share.
Thomas Wyatt followed with 9.68 per cent to close at 68k, while African Prudential rose 9.35 per cent to close at N5.85 per share.
Champion Breweries appreciated by 4.88 per cent to close at N4.30, while Chams garnered 4.76 per cent to close at 22k per share.
On the other hand, Japaul Gold and Ventures dominated the losers’ chart in percentage terms with 3.7 per cent to close at 28k per share.
Mutual Benefits followed with 3.45 per cent to close at 28k, while FTN Cocoa Processors declined by 3.33 per cent to close at 29k per share.
Wema Bankblost by 2.73 per cent to close at 21k, while WAPIC depreciated by 4.69 per cent to close at 70k per share.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 89.87 per cent
A total of 411.15 million shares valued at N6.35 billion were exchanged in 2,992 deals.
(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.”
World
Ukraine receives bodies of 140 fallen soldiers from Russia
It is not yet known whether and how many dead soldiers Russia has received from Ukraine.
Education
ASUU urges Sokoto govt to pay state varsity workers’ outstanding allowances
The ASUU-SSU also called on the Sokoto State government to settle the Earned Academic Allowance (EAA) owed to its members.
Lagos
Court remands man for defiling 12-year-old girl
Mr Adeosun said Mr Afeez sexually penetrated the vagina of the 12-year-old girl with his fingers.
States
Osun government urges residents to be on lookout for water pipe vandals
The water corporation’s general manager appealed to the state residents to be vigilant and monitor the activities of scavengers in their areas.
NationWide
Saudi donates 50 tonnes of dates to Nigerian government
Mr Alghamdi said the humanitarian donation reflected the decades-long brotherly bond between Nigeria and Saudi Arabia.
World
Iran, China agree on closer military cooperation
China has become the main customer of Iranian oil and a significant economic partner.