NGX-ASI crosses 90,000 mark

The NGX All-Share Index (ASI) on Thursday crossed the 90,000 mark following gains in large and medium capitalized companies, such as the Nigerian Breweries, Dangote Sugar, Flour Mills of Nigeria, amongst others.

Now at 22.90 percent, the NGX-ASI advanced by 2.04 percent, closing at 91,896.97 basis points, compared to the previous day’s gain of 2.38 percent, which closed at 90,063.25 basis points.

The NGX Market CAP also recorded a gain of N1.00trn in Naira terms.

The total volume traded declined by 12.16 percent to close at N1.14bn, valued at N19.29bn and traded in 17,804 deals. TRANSCORP was the most traded stock by volume and value, with N156.62m and N2.96bn.

The Gote Index advanced by 7.75 percent to close at 275.52, while the Toni index advanced by 0.48 percent to close at 708.24 basis points.

At the close of trading, the market recorded 32 gainers, 42 losers, and 46 unchanged. CONOIL topped the gainer’s list, while IKEJAHOTEL topped the list of losers.