NGX ASI advances by 0.33%, as equities market gain N128bn

The NGX All-Share Index (NGX-ASI) advanced by 0.33 percent, closing at 71,907.26 basis points, compared to the previous day’s gain of 0.18 percent, which closed at 71,669.91 basis points.

The NGXASI now stands gallantly at 40.30 percent following yesterday’s market trading.

The Equities market however gained N128 billion as the market capitalization closed at N39.349 trillion. The major contributors to the market’s growth were stocks like ACCESSCORP which gained 0.99 percent with a turnover of N380 million and GTCO with a turnover of N849 million.

There was also a decline in trading volume by 14.86 percent to close at N319.56 million, valued at N5.88 billion and traded in 6,498 deals.

JBERGER was the most traded stock by volume and value with N42.54m and N1.46bn units traded followed by ZENITHBANK (-0.14 percent) with 22.99 million units, FCMB (+0.74 percent) with 22.86 million units, GTCO (+0.64 percent) with 21.59 million units, and ACCESSCORP (+0.99 percent) with 18.80 million units.

The Gate Index closed flat at 183.35, while the Toni index advanced by 1.82 percent to close at 389.27 basis points.

At the close of trading, the market recorded 23 gainers, 23 losers, and 74 unchanged. INFINITY topped the gainers list, while GUINEAINS topped the list of losers.