ADVERTISEMENT

NGX gains N32bn ahead independence celebration

The Nigerian Exchange (NGX) Ltd. closed the week on a bullish note Friday, with market capitalisation gaining N32 billion or 0.12 per cent to close at N26. 451 trillion against N26.419 trillion on Thursday.

NGX gains N32bn ahead independence celebration.
ADVERTISEMENT

The upturn was impacted by gains recorded in stocks such as FBN Holdings, Jaiz Bank, Guinness and NGX Group.

Accordingly, the market breadth closed positive with 17 gainers in contrast with 10 laggards.

RT Briscoe led the gainers’ chart in percentage terms by 9.68 per cent to close at 34k per share.

Mayer and Baker followed with a gain of 9.63 per cent to close at N4.10, while Guinness appreciated by 9.29 per cent to close at N82.90 per share.

Jaiz Bank rose by 8.43 per cent to close at nine kobo, while UPDC Plc appreciated by 8.42 per cent to close at N1.03 per share.

On the other hand, Ikeja Hotel led the losers’ chart in percentage terms by 9.68 per cent to close at N1.12 per share.

Sovereign Trust Insurance followed with 6.9 per cent to close at 27k, while Nigerian Aviation Handling Company (NAHCO) shed 3.51 per cent to close at N5.50 per share.

UPDC Real Estate Investment Trust lost 3.12 per cent to close at N3.10 per share.

In all, the total volume of shares traded increased by 61.58 per cent to 356.73 billion shares worth N3.74 billion traded in 3,219 deals.

This was in contrast with 220.78 million shares valued at N2.25 billion transacted in 3,195 deals the previous day.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Naira falls further to dollar by 0.04%

Naira falls further to dollar by 0.04%

NGX closes negative, indices drop by 0.13%

NGX closes negative, indices drop by 0.13%

Canada seeks policy to drive investments in Nigeria’s mining, agric sectors

Canada seeks policy to drive investments in Nigeria’s mining, agric sectors

Uganda’s inflation rate to drop by 8% in 2023

Uganda’s inflation rate to drop by 8% in 2023

OMO concludes plastic recycling awareness campaign in Lagos, set to expand program across Nigeria

OMO concludes plastic recycling awareness campaign in Lagos, set to expand program across Nigeria

10 worst investment destinations in Africa in 2022 according to report

10 worst investment destinations in Africa in 2022 according to report

Twitter moves to hike up subscription fees after app store row with Apple

Twitter moves to hike up subscription fees after app store row with Apple

5G: NCC ends bidding after Airtel emerged sole bidder of the 3.5Ghz spectrum auction

5G: NCC ends bidding after Airtel emerged sole bidder of the 3.5Ghz spectrum auction

Top African countries to visit this holiday

Top African countries to visit this holiday

ADVERTISEMENT
ADVERTISEMENT