NGX: Investors get the N833BN while running the equity market continues

Investors at the Nigerian equity market obtained N833 billion at the close of trade on Thursday.

This follows the surge in stock prices such as Bua Cement PLC, Dangote Cement, and Chams PLC, among others, on the trading floor.

The All-Share Index (ASI) benchmark increased to 130,283.86 points from 128,967.08 points recorded on the previous day.

After five hours of trading in the capital market, the capitalization of equity reached N82.4 trillion from N81.5 trillion exchanges posted on Wednesday.

The extent of the negative market, with 30 advanced shares, 46 shares declined, and the remaining 67 shares did not change in 37,418 offers.

Also read: NGX: Investors make N353M as Oando, Chellarms, Transcorp Push Up Stock Market

Bua Cement PLC, Dangote Cement, and Chams PLC lead other growth with 10%growth, 9.99%, 9.96%each in the price closed on N112.20, N473.30, and N3.09 from N102.00, N430.30.30 and N2.81 per previous share.

Berger Paints, Haldane McCall and May and Baker PLC led other prices with a decrease in 10% in stock prices to be closed at N33.75, N4.68 and N15.30 from N37.50, N5.20 and N17.00 per previous share.

In the volume index, the Access Holdings PLC led trade with 168 million shares in 2,889 offers, followed by the First Bank Holding Company which was traded 86 million shares in 1,454 offers.

Zenith Bank PLC trades 83 million shares in 2,118 agreements.

In the value index, the Zenith Bank PLC shares were traded worth N6.2 billion in 2,118 agreements, followed by Nigerian Brewers PLC, who traded equity worth N5.0 billion in 387 agreements.

Access Holdings PLC traded shares worth N4.6 billion in 2,889 offers.

By: Babajide Okeowo