.png)
3 hours ago
3
Investors in the Nigerian equities market gained N824 billion at the close of trading on Friday.
This followed a surge in the share prices of stocks like NCR Nigeria, Learn Africa Plc, and UPDC Plc, among others, on the trading floor.
The benchmark All-Share Index (ASI) increased to 131,585.66 points from the 130,283.86 points recorded the previous day.
After five hours of trading at the capital market, the equity capitalisation rose to N83.2 trillion from the N82.4 trillion posted by the bourse on Thursday.
The market breadth was positive, with 46 stocks advancing, 25 stocks declining, and 76 stocks remaining unchanged in 28,593 deals.
NCR Nigeria, Learn Africa Plc, and UPDC Plc led other gainers with 10% growth each in prices to close at N6.60, N6.27, and N4.84 from the previous N6.00, N5.70 and N4.40 per share.
READ ALSO: NGX: Investors gain N833bn as equity market bullish run continues
Red Star Express Plc, Union Dicon Salt and Academy Press led other price decliners with 9.97%, 9.62% and 6.67% dip in share prices to close at N12.92, N10.80 and N7.00 from the previous N14.35, N11.95 and N7.50 per share.
On the volume index, First City Monument Bank Plc (FCMB) led trading with 1.3 million shares in 462 deals, followed by Access Holdings Plc, which traded 113 million shares in 2,113 deals.
Chams Plc traded 92 million shares in 395 deals.
On the value index, FCMB traded stocks valued at N12.6 billion in 462 deals, followed by Zenith Bank Plc, which traded equities worth N3.6 billion in 1,498 deals.
Guaranty Trust Holding (GTCO), traded shares valued at N3.2 billion in 1,471 deals.
By: Babajide Okeowo
The post NGX: Investors make N824bn as NCR, Learn Africa top gainers appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.
