0.78% Increase in NGX ASI

Wednesday’s equities trading at the Nigerian Exchange Limited closed on a bullish note with the All-Share Index rising by 0.78% to reach 71,808.64 points.

The market capitalization also experienced a gain of N472 billion, closing at N39.295 billion.

Trading volume saw a significant surge of 59.15%, reaching 690.011 million units compared to the previous day’s 433.568 million units. The trading value also increased to N12.1 billion from the previous day’s N11.1 billion.

The top gainers were THOMASWY, closing at N3.32 with a 9.92% increase, First Bank Nigeria Holding (FBNH) rising by 9.91% to close at N29.40, MULTIVERSE with a 9.90% increase to close at N0.70, ETI rising by 9.88% to close at N18.90, and INFINITY seeing a 9.70% increase to close at N1.47.

On the other hand, MANSARD saw a 9.69% decrease to close at N4.10, GUINEAINS fell by 9.68% to close at N0.28, OANDO experienced a 9.13% decrease to close at N10.45, OMATEK dropped by 8.14% to close at N0.79, and UNIVINSURE saw a 7.41% decrease to close at N0.25.

Regarding volume, GTCO led with 76.70 million units, followed by UBA with 74.57 million units, FIDELITYBK with 65.63 million units, ACCESSCORP with 64.18 million units, and UNIVINSURE closing at 47.13 million units with a decrease of 7.41%.

In terms of value, GTCO also led with N 3.04 billion, followed by UBA with N1.66 billion, ZENITHBANK with N1.37 billion, ACCESSCORP with N1.34 billion, and MTNN with N938.9 million.

The NGX ASI recorded a 0.78% gain in Wednesday’s equities trading.