The All-Share Index broke beyond the 75,000 barrier, which gave the NGX a very positive start to the year. The closing value of the All-Share Index was 75,990.88 points, an increase of 1,217.11 points or 1.63%.
The market capitalization closed at N41.583 trillion on the first trading day of the year, with equities up N663 billion. Blue-chip companies including AIRTELAFRI, BUACEMENT, and ZENITHBANK, which gained 5.99%, 5.15%, and 0.91%, respectively, propelled market gains.
The trading volume increased from 368.629 million units in the previous trading session to 515.807 million units. There was a value degradation from the prior N12.82 billion to N5.57 billion.
Market Indices
Here are the market Indices for today’s trading session
NGX All-Share Index: 75,990.88 points
% Day Change: +1.63%
Day’s Lowest: 74,747.64 points
Day’s Highest: 76,034.56 points
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% YTD: +1.63%
Market Cap: N41.58 trillion
Volume Traded: 515.81 million units
Top Gainers
AIICO: +10.00% to close at N0.88
LINKASSURE: +10.00% to close at N0.88
SUNUASSUR: +10.00% to close at N1.21
DAARCOMM: +10.00% to close at N0.99
IKEJAHOTEL: +10.00% to close at N6.60
INFINITY: +10.00% to close at N6.60
Top Losers
CADBURY: -10.00% to close at N17.10
THOMASWY: -10.00% to close at N2.43
MECURE: -10.00% to close at N10.80
PRESTIGE: -9.80% to close at N0.46
CONHALLPLC: -9.52% to close at N1.33
OMATEK: -9.21% to close at N0.69
Top Traded Stocks
In terms of volume, MBENEFIT (-5.66%) led with 101.63 million units, followed by TRANSCORP (+9.93%) with 46.65 million units, UNITYBANK (+9.88%) with 35.22 million units, JAIZBANK (+0.52%) with 26.99 million units, and UBA (+1.36%) with 20.07 million units.
In terms of value, AIRTELAFRI (+5.99%) led with N741.78 million, followed by GTCO (-0.99%) with N601.93 million, UBA (+1.36%) with N513.85 million, TRANSCORP (+9.93%) with N440.67 million, and ZENITHBANK (+0.91%) with N427.62 million.
SWOOT and FUGAZ Update
Trading was quite positive for stocks worth over N1 trillion as AIRTELAFRI (+5.99%), BUACEMENT (+5.15%), and ZENITHBANK (+0.91%) made gains, while GTCO (-0.99%) recorded price decline. Other members of the category (BUAFOODS, DANGCEM, MTNN, and SEPLAT) recorded no price changes.
Tier-1 banks recorded a positive trading day as FBNH (+0.42%), UBA (+1.36%), ACCESSCORP (+1.73%), and ZENITHBANK (+0.91%) recorded price gains, while GTCO recorded a price decline
