YESTERDAY, investors won N50.35 billion at the end of trading on the Nigerian Exchange Limited’s floor.
The market capitalization of shares listed on the NGX yesterday, increased to N25.46 trillion from N25.41 trillion on Friday.
From 47,140.48 basis points, the NGX All-Share Index increased to 47,233.91 basis points.
At the close of trading yesterday, 31 firms had gained ground, while 17 had lost ground.
Investors traded 421.46 million shares for N4.23 billion in 5,961 transactions.
R.T. Briscoe Nigeria Plc and United Capital Plc led the gainers’ list, with their respective share prices rising by 10% to 66 kobo and N13.20.
Africa Prudential Plc and Academy Press Plc saw their share prices rise by 9.56 percent and 9.5 percent, respectively, to 7.45 and 1.96, while Champion Breweries Plc and May & Baker Nigeria Plc saw their share prices rise by 8.78 and 8.31 percent, respectively, to N2.23 and N4.56.
Juli Plc and Multiverse Mining and Exploration Plc were on the losers list, with their stock prices falling 9.76% and 8%, respectively, to settle at 74 kobo and 23 kobo.
Yesterday’s trading session finished on a positive note, according to Parthian Securities Limited Research, as investors took positions in some large-cap equities.
Reports reveal that the Market breadth, which measures investors mood, was positive at 1.76x.
On what to expect Today, PSL said, “We expect the positive momentum observed at today’s trading session to persist tomorrow, as investors continue to react positively to the release of companies’ full-year audited financials and dividend declarations.”
