Wednesday, October 5, 2022

NGX moves 232.85 million shares worth N1.85 billion in cautious trading

Transacorp dominated the activity chart with 45.13 million shares worth N42.14 million.

• August 27, 2021
Nigerian Exchange
Nigerian Exchange [Photo Creadit: Business Live Nigeria]

The Nigerian Exchange (NGX) Ltd. on Friday moved 232.85 million shares worth N1.85 billion in 3,351 deals.

The turnover represented a growth of 24.97 per cent when compared with 186.33 million valued at N1.79 billion traded in 3,595 deals on Thursday.

Transacorp dominated the activity chart with 45.13 million shares worth N42.14 million.

Mutual Benefits followed with an account of 29.26 million shares valued at N8.87 million, while GTCO sold 22.09 million shares worth N614.25 million.

Zenith Bank exchanged 16.36 million shares valued at N399.14 million, while etranzact traded 13.84 million shares worth N26.81 million.

Also, the NGX All-Shares improved marginally by 8.47 points or 0.02 per cent to close at 39,485.65 from 39,477.18 on Thursday.

Similarly, the market capitalisation increased by N4 billion or 0.02 per cent to N20.572 trillion from N20.568 trillion achieved on Thursday.

Morrison Industry led the gainers’ table in percentage terms, gaining 9.47 per cent to close at N1.85 per share.

FTN Cocoa followed with 9.09 per cent to close at 48k, while Sovereign Trust Insurance gained 8.70 per cent to close at 25k per share.

UPDC was up by 8.28 to close at N1.83, while Boc Gas added 6.31 per cent to close at N11.80 per share.

On the other hand, Unilever led the losers’ chart in percentage terms, shedding 10 per cent to close at N13.50 per share.

NASCON trailed with 9.87 per cent to N14.15, while AIICO Insurance lost 4.85 per cent to close at 98k per share.

Veritas Kapital dipped 4.17 per cent to close at 23k, while Transcorp declined by 3.16 per cent to close at 92k per share.

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

Ebola Patients

Heading 4

NCDC issues Ebola alert to Nigerians over Uganda EVD outbreak

The likelihood of “importation to Nigeria is high due to the increased air travel between Nigeria and Uganda, especially through Kenya’s Nairobi airport.”

Hot news Home top

Champions League: Liverpool, Marseille win, Tottenham drop points

Mohamed Salah scored from the spot kick in the second half to secure the victory for the Reds and send them into the second position in the group.



UCL: Inter condemn Barcelona to second defeat, Bayern pound Plzeň 5-0

Inter defeated Barcelona 1-0 in Italy while Bayern walloped Viktoria Plzeň to go atop Group C.

Elon Musk and Twitter


Elon Musk U-turns, agrees to buy Twitter at initial $44 billion

Mr Musk unexpectedly proposed a deal with Twitter that could end a contentious legal battle between the billionaire and the social media company.


Hot news Home top

Ataga: Alleged murderer Chidinma’s audio conversation with security guard heard in court 

She asked, “Is the car around?” “Which car?” Mr Mohammed said, and Ms Ojukwu replied, “The Range Rover, that my oga’s car, the black Range Rover.”