Trading picks up, as NGX-ASI gains 0.30%

Trading at the Nigerian stock market picked up following a negative start at the beginning of the week. The market closed positively, with an increase of 301.71 points. However, the market breadth was negative.

The NGX All-Share Index advanced by 0.30 percent to close at 101,362.38 basis points, compared to the previous day’s loss of 1.30 percent to close at 101,060.67 basis points. The NGX Market CAP also recorded a gain of N165.09bn in Naira terms.

The total volume traded also advanced by 18.19 percent to close at N302.74m, valued at N6.55 billion and traded in 8,611 deals. FBNH was the most traded stock by volume and value, with N39.38m and N1.10bn units traded.

The Gote Index declined by 0.02 percent to close at 368.77, while the Toni index declined by 0.18 percent to close at 572.58 basis points.

At the close of trading, the market recorded 10 gainers, 42 losers, and 69 unchanged. FBNH topped the gainer’s list, while OKOMUOIL topped the list of losers.