NGX: Investors make N824BN as NCR, Learn Africa Top Gainers

Investors at the Nigerian equity market obtained N824 billion at the close of trade on Friday.

This follows the surge in stock prices such as NCR Nigeria, Learn Africa PLC, and UPDC PLC, among others, on the trading floor.

The Benchmark All-Share Index (ASI) increased to 131,585.66 points from 130,283.86 points recorded on the previous day.

After five hours of trading in the capital market, the capitalization of equity rose to N83.2 trillion from N82.4 trillion posted by Bourse on Thursday.

The extent of the positive market, with 46 advanced shares, 25 shares declined, and 76 remaining shares did not change in 28,593 offers.

NCR Nigeria, Learn Africa PLC, and UPDC PLC leads other strengthening with 10% growth in the price closed at N6.60, N6.27, and N4.84 from N6.00, N5.70 and N4.40 per previous share.

Also read: NGX: Investors get the N833BN as the Bullish Run Equity Market.

Red Star Express PLC, Union Dicon Salt and Academy Press led other prices with 9.97%, 9.62% and 6.67% stock price reduction to closed at N12.92, N10.80 and N7.00 from N14.35, N11.95 and N7.50 per previous share.

In the volume index, the First City Monument Bank PLC (FCMB) led trade with 1.3 million shares in 462 agreements, followed by Access Holdings PLC, which traded 113 million shares in 2,113 offers.

Chams PLC trading 92 million shares in 395 offers.

In the value index, the shares traded by FCMB worth N12.6 billion in 462 agreements, followed by Zenith Bank PLC, who traded equity worth N3.6 billion in 1,498 agreements.

Guarantee of Holding Trust (GTCO), the stock traded worth N3.2 billion in 1,471 agreements.

By: Babajide Okeowo