NGX: Investors get N143BN in five hours

Investors at the Nigerian equity market obtained N143 billion at the close of trade on Thursday.

This follows the surge in stock prices, such as Guinness Nigeria, Eunisell Interlocked PLC, and Regal Insurance, among others, on the trading floor

The All-Share Index (ASI) benchmark increased to 142,263.07 points from 142,036.23 points recorded on the previous day.

After five hours of trading in the capital market, the capitalization of equity rose to N90,005 trillion from N89.8 trillion posted by Bourse on Wednesday.

The extent of the negative market with 30 advanced shares, 20 shares declined, and the remaining 97 shares did not change in 22,779 agreements.

Guinness Nigeria, Eunisell Interlinked PLC, and Regal Insurance led other growth with 10%, 9.89% and 9.82% growth in stock prices to be closed at N176.00, N30.55, and N1.79 from N160.00, N27.80, and N1.63 per previous share.

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Consolidation of PLC hallmarks, initiative sites, and Sovereign PLC insurance leads other prices with 7.95% 7.48%, and 6.21% stock price reduction to be closed in N4.02, N12.00, and N2.87 per share, down from N4.35, N12.00, and N3.06 per previous share.

In the volume index, the Access Holding PLC led the trade with 37 million shares in 1, 175 offers, followed by Zenith Bank PLC, which was traded by 24 million shares in 1,475 offers.

Fidelity Bank PLC trades 20 million shares in 493 agreements.

In the value index, the Zenith Bank traded shares worth N1.6 billion in 1, 475 agreement, followed by Aradel Holding, who traded equity worth N1.1 billion in 863 agreements.

Holding Access Holding PLC traded shares worth N1.0 billion in 1, 175 offers.

By: Babajide Okeowo