NGX: The All-Share Index exceeds the 105K sign as an investor to get the N342BN

Investors at the Nigerian equity market obtained N342 billion at the close of trade on Wednesday.

This follows the surge in stock prices such as the Associated Bus Company (ABCTRANS), VFD Group (VFDGroup) and Learn Africa (Learnafrca), among others, on the trading floor.

After five hours of trading in the capital market, the capitalization of equity rose to ₦ 66.1 trillion from ₦ 65.8 trillion in exchanges recorded on Tuesday.

This positive sentiment encourages all-share index (ASI) above the 105,000 base point on the trading floor.

ASI increased to 105,305.25 points from 104,744.98 points recorded on the previous day.

The extent of the positive market because 34 shares advanced, 16 shares declined, and 73 shares remained unchanged in 11,226 agreements.

Also read: NGX: The Equity Market Makes Marginal Recovery as a Pocket N31BN Investor

ABCTRANS, VFDGroup, and LearnafRCA lead other gainers with growth of 9.86%, 9.62%, and 9.54%each in the price closed at N1.56, N17.10 and N3.56 from N1.42, N15.60 and N3.25 per previous share.

Tripple Gee & Co. PLC (Trippleg), MRS Oil Nigeria (MRS) and Abbey Mortgage Bank PLC (ABBEYBDS) lead other prices with 10%, 9.95% and 9.94% decrease in stock prices from N1.98, N157.50 and N8.79 from the previous N2.20.

In the volume index, Fidelity Bank PLC led trade with 388 million shares in 614 agreements, followed by Trust Holding (GTCO) guarantees, which were traded 47 million shares in 529 offers.

Universal Insurance Company trade 41 million shares in 98 agreements.

In the value index, Fidelity Bank PLC trades shares worth N7.7 billion in 614 agreements, followed by a guarantee of holding trust (GTCO,) which trades equity worth N2.8 billion in 1,057 agreements.

MTN Nigeria traded shares worth N2.3 billion in 516 agreements.

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