NGX: posting the equity market N130BN Gain, Redstarex, UPL Top Trading

Investors at the Nigerian equity market obtained N130.05 billion at the close of trade on Friday.

This follows an increase in stock prices such as the Red Star Express PLC, University Press (UPL) and related bus companies, including on the trading floor.

The Benchmark All-Share Index (ASI) crashed 109,028.62 points from 109,183.02 points recorded on the previous day.

After five hours of trading in the capital market, equity capitalization jumped to N68.7 trillion from N68.6 trillion posted by Bourse on Thursday.

The extent of the positive market because 29 shares advanced, 22 shares declined, and 63 shares remained unchanged in 15,927 agreements.

Red Star Express PLC, University Press (UPL), and related bus companies lead other growth with 10%, 9.82,% and 9.69% growth in prices closed at N6.71, N4.36 and N2.49 from N6.10, N3.97 and N2.27 per previous share.

Also read: NGX: The equity market is a little recovered, getting the N20BN in five hours

Northern Nigeria Flour Mills, Transcorp Hotels PLC and Learning Africa PLC Assurance leads other price declines with 9.97%, 9.95% and 9.89% decline in stock prices to be closed in N118.70, N138.50 and N4.01 from N131.85, N153.80 and N4.4.4 of N4.4.4 from N131.85, N153.80 and N4.4.4 previous Perse.

In the volume index, Tantalizers PLC led trade with 137 million shares in 2,169 agreements, followed by Fidelity Bank PLC, which was traded 81 million shares in 168 agreements.

Breweries Nigeria traded 60 million shares in 1,350 offers.

In the value index, MTN Nigeria (MTNN) trades shares worth N4.3 billion in 2, 169 offers, followed by Nigerian Brewers PLC, which trades the equity of N2.5 billion in 1,350 offers.

Guaranty Trust Holding Company (GTCO) shares traded worth N2 billion in 1, 350 agreement.

By: Babajide Okeowo

Join the conversation

Opinion

Supports Nigeria’s ripples, resistant Journalism Solutions

A balanced and fearful journalism that is driven by data comes with enormous financial costs.

As a media platform, we ask for leadership accountability and will not trade the right to suppress freedom and freedom of speech for a piece of cake.

If you like what we do, and ready to uphold journalism solutions, friendly Nigerian ripples cause.

Your support will help ensure that residents and institutions continue to have free access to credible and reliable information for community development.

Donation now