Nigerian Exchange records N25 billion gains after Sallah break

Trading resumed on the Nigerian Exchange (NGX) on Friday after the public holidays to mark the Eid-el-Fitr celebration with a growth of N25 billion.
Specifically, the market capitalisation rose by N25 billion or 0.12 per cent to close at N20.552 trillion from N20.527 trillion posted on Tuesday.
Also, the All-Share Index appreciated by 46.61 points or 0.12 per cent to 39,431.57 in contrast with 39,382.96 reported on Tuesday.
An analysis of the price movement table indicates that Eterna led the gainers’ table in percentage terms, gaining 10 per cent to close at N6.60 per share.
ABC Transport followed with 8.82 per cent to 37k, while Wema Bank gained 5.45 per cent to 58k per share.
United Capital increased by 2.43 per cent to N5.90, while Access Bank inched higher by 1.19 per cent to N8.50 per share.
Conversely, Japaul Gold led the losers chart in percentage terms, declining 6.78 per cent to 55k per share.
Mutual Benefits trailed with 4.76 per cent to close at 40k, while Transcorp was down by 4.49 per cent to 85k per share.
Guaranty Trust Bank dipped 0.17 per cent to close at N29.50 per share.
However, the volume of shares traded closed lower by 96.61 per cent with an exchange of 10.05 million shares valued at N177.84 million in 746 deals.
This was against a total of 296.59 million shares worth N3.36 billion achieved in 4,265 deals on Tuesday.
Mutual Benefits was the toast of investors exchanging 3.16 million shares valued at N1.28 million.
Zenith Bank came second accounting for 1.85 million shares worth N43.12 million, while Access Bank traded 850,67 valued at N7.18 million.
Mansard sold 804,800 shares worth N736,245, while Transcorp accounted for 701,183 shares valued at N599,550.
(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

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.”

NationWide
Lawyers seek non-custodial sentencing, speedy trials to decongest prisons
Lawyers called for comprehensive criminal justice reform to decongest correctional centres nationwide.

Africa
ICRC DG advocates PPPs to bridge West Africa’s infrastructure gap
Mr Ewalefoh said governments across the region could no longer rely solely on public resources to provide critical infrastructure.

Education
School Graduation: Rising costs put Lagos parents under pressure
Education stakeholders who spoke with journalists said the growing extravagance around school graduations calls for moderation.

Showbiz
TikTokers Jarvis, Peller announce wedding date
Jarvis and Peller are among Nigeria’s leading digital content creators, known for their comedy skits and livestreams.

Politics
APC uploads 471 candidates on INEC portalÂ
Mr Yilwatda said that his party had uploaded the names of candidates for president, vice-president, the Senate and others into the INEC portal.

Sport
Footballers more likely to suffer depression, says study
The study found symptoms of depression in 31 per cent of these retired players, compared with nine per cent of the control group.





