NGX: Equities market consolidates gains with N5.4tr profit for investors

This followed a surge in the share prices of stocks such as UACN, Zichis and Cap among others, on the trading floor.

The benchmark All-Share Index (ASI) increased to 237,205.59 points from the 228,740.19 points recorded on the previous day.

After five hours of trading on the capital market, equity capitalisation surged to N152.7 trillion from N147.2 trillion posted by the bourse on Tuesday.

The market breadth was positive, with 49 stocks advancing, 42 declining, and 57 remaining unchanged in 83,445 deals.

A total of 1,333,517,553 shares were traded, valued at N69 billion.

UACN, Zichis and Cap led the gainers’ chart, with 10% growth each in share prices, respectively, to close at N165.00, N19.80 and N132.00 per share, up from N150.00, N18.00, and N132.00 per share.

John Holt, Cadbury and E- Tranzact led other price decliners, with declines of 10%, 10%, and 9.97%, respectively, to close at N12.60, N66.15, and N15.80 per share, down from N14.00, N73.50, and N17.55 per share, respectively.

On the volume index, Access Holding led trading with 281 million shares in 3,789 deals, followed by UBA which traded 160 million shares in 6, 580 deals.

LASACO traded 78 million shares in 281 deals.

On the value index, Access Holding traded stocks valued at N7.2 billion in 3,789 deals, followed by UBA, which traded equities worth N6.9 billion in 6, 580 deals.

Aradel traded shares valued at N6.5 billion in 3,281 deals.