NGX: The equity market starts Sunday with Gain N152bn

Investors in the Nigerian equity market obtained N152 billion in the closing trading on Monday.

This follows the surge in stock prices such as NCR Nigeria, International Energy Insurance, and Citix PLC, among others, on the trading floor.

The Benchmark All-Share Index (ASI) increased to 131,826.77 points from 131,585.66 points recorded on the previous day.

After five hours of trading in the capital market, the capitalization of equity rose to N83.3 trillion from N83.2 trillion exchanges posted on Friday

The extent of the negative market, with 31 advanced shares, 45 shares declined, and the remaining 69 shares did not change in 30,750 agreements.

NCR Nigeria, International Energy Insurance, and Citix PLC lead other gainers with 10% growth in the price closed on N7.26, N2.20, and N4.07 from N6.60, N2.00 and N3.70 per previous share.

Also read: NGX: The capitalization of the Equity Market across the N80TR sign when investors get the N340BN

Meyer Nigeria, Mcnichols PLC and Thomas Wyatt led other prices with 10%, 9.95% and 9.84% of stock prices to be closed on N18.90, N3.44 and N3.39 from N21.00, N3.82 and N3.76 per previous share.

In the volume index, United Bank for Africa PLC (UBA) led trade with 32 million shares in 1, 719 offers, followed by Access Holdings PLC, which was traded 61 million shares in 1, 686 offers.

Holding confidence guarantees (GTCO), traded 21 million shares in 1,684 agreements.

In the value index, Presco PLC traded shares worth N3.1 billion in 378 agreements, followed by a guarantee of Holding Trust (GTCO), which is traded by equity worth N2.0 billion in 1,684 agreements.

Zenith Bank PLC traded shares worth N1.7 billion in 1,573 agreements.

By: Babajide Okeowo