The Nigerians Exchange Limited, NGX, made a historic mark as the All-Share Index closed at 80,324.53 points and appreciated by 0.83 per cent on Monday.
The development comes as equities raked in N363 billion in gains as the market cap appreciated to N43.957 trillion from last Friday’s N43.594 trillion.
There was a 33.3 per cent appreciation in traded volume to 1.19 billion units, from last Friday’s 892.68 million units. In terms of value, there was an appreciation of N15.26 billion from last Friday’s N14.33 billion.
Analysis showed that the top Gainers are JBERGER,+10.00 per cent to close at N46.75, CUTIX: +10.00 per cent to close at N2.75, JAIZBANK, +10.00 per cent to close at N2.53, LASACO, +10.00 per cent to close at N2.42, CORNERST, +10.00 per cent to close at N1.87 and OMATEK, +10.00 per cent to close at N0.99.
Conversely, top Losers are DAARCOMM, -9.30 per cent to close at N1.17; ETERNA, -8.79 per cent to close at N15.05; CWG, -7.05 per cent to close at N8.30; PZ, -6.90 per cent to close at N27.00, FIDELITYBK, -5.99 per cent to close at N13.35 and MCNICHOLS: -5.88 per cent to close at N0.96.
Regarding Top Traded Stocks in terms of volume, TRANSCORP (+9.79 per cent) led with 298.3 million units, followed by FCMB (+9.23 per cent) with 106.05 million units, FIDELITYBK (-5.99 per cent) with 87.65 million units, STERLINGNG (+9.88 per cent) with 62.55 million units, and UNITYBNK (+9.79 per cent) with 32.57 million units.
In terms of value, TRANSCORP (+9.79 per cent) led with N4.08 billion, followed by FIDELITYBK (-5.99 per cent) with N1.19 billion, MTNN (-0.70 per cent) with N1.14 billion, FCMB (+9.23 per cent) with N1.08 billion, and UBA (+3.28 per cent) with N829.53 million.
There was mixed trading sentiment for stocks worth over N1 trillion as MTNN (-0.70 per cent) recorded a price decline, while ZENITHBANK (+2.50 per cent) and GTCO (+3.57 per cent) recorded a price gain.
UBA recorded a 3.28 per cent gain to close with a market cap of N1.02 trillion, thus admitting the company into the SWOOT category.
Similarly, trading was positive for tier-1 banks as GTCO (+3.57 per cent), UBA (+3.23 per cent), ZENITHBANK (+2.50 per cent), and ACCESSCORP (+3.20 per cent) recorded price gains, while FBNH recorded no price change.
NGX crosses historic 80m marks as ASI appreciates by 0.83%
