Oando, CWG leads gainers as NGX halts two-day losing streak
Nigerian equities traded in positive territory at the end of Friday’s trading session as Investors snapped a 2-losing streak to end the week positive.
The All-Share Index (ASI) traded 0.09 per cent higher to close at 68,143.34 index points as against 68,082.11 index points recorded in the previous day’s trading session.
Likewise, the market capitalisation of equities saw a gain of N33 billion to close at N37.295 trillion, 0.09 per cent higher than the N37.262 trillion recorded in the previous trading session.
Market Indices
Below are the market indices for today’s trading session:
NGX ASI: 68,143.34 points
% Day Change: +0.09%
% YTD: +32.96%
Market Cap: N37.295 trillion
Volume Traded: 483.49 million
Value: N8.34 billion
Deals: 6,660
How Stocks Performed
Market breadth closed positive as OANDO (10.00 per cent) led gainers, CHELLARAM (-9.94 per cent) led losers while FCMB was the most traded equity – by volume – at the end of today’s session.
Top Gainers and Top Losers
OANDO, CWG and NEIMETH led the top gainer’s chart as they all gained +10.00 per cent, +9.89 per cent, and +9.80 per cent respectively.
Meanwhile, CHELLARAM, OMATEK and ABCTRANS led the top losers’ chart as they lost –9.94 per cent, -9.38 per cent, and –8.13 per cent respectively.
There was higher trading activity in terms of volume as 483.49 million units of shares were traded today compared to the 378.09 million traded from the previous day’s session.
FCMB led the chart in terms of volume as 116.87 million units were traded. ACCESS HOLDINGS (36.25 million) and OANDO (34.23 million) rounded up the top 3 traded stocks for today.
In terms of value traded, FCMB (N791.36 million) led the chart followed by ACCESS HOLDINGS (N631.84 million) and UBA (N521.61 million) to round up the top three.
Shares of stocks worth over one trillion (swoot) saw mixed results as MTN NIGERIA (-0.11 per cent), ZENITH BANK (-0.14 per cent) and GTCO (-0.38 per cent) all recorded negative trading sessions.
BUA CEMENT, BUA FOODS, SEPLAT ENERGY, DANGOTE CEMENT and AIRTEL AFRICA all closed flat.
Shares of tier 1 banks saw mixed trading sessions as GTCO (-0.38 per cent), UBA (-0.33 per cent) and ZENITH BANK (-0.14 per cent) all recorded negative trading sessions while both ACCESS HOLDINGS (0.57 per cent) and FBN HOLDINGS (1.65 per cent) closed positive.
