Nigerian Exchange Limited
Stock Investors Gain N107 Billion on Wednesday as Market Capitalisation Hits N30.398tn
The Nigerian Exchange Limited (NGX) rebounded from its N1 billion loss of Tuesday to post a N107 billion gain on Monday ahead of the governor elections.
Investors transacted 152.743 million shares worth N3.573 billion in 3,293 transactions during the trading hours Wednesday, with the stock of Courtville emerging as the most traded equity with 34.604 million shares worth N16.609 million exchanging hands.
UBA and GTCo followed with 15.001 million and 15.001 million shares valued at N127.311 million and N335.934 million.
The market value of listed equities grew by N107 billion to N30.398 trillion while NGX All-Share Index expanded by 0.36% to 55,801.14 index points.
The financial sector index appreciated by 6 basis points (bps) with the stock of Union Bank of Nigeria leading the chart with 2.27%. The industrial sector index gained 84bps while consumer goods posted a 6 bps gain and the oil and gas sector lost 90 bps.
A total of 18 stocks gained points while 18 stocks lost points.
Top Five Gainers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| TRANSEXPR | N 0.81 | N 0.89 | 0.08 | 9.88 % |
| CUTIX | N 2.00 | N 2.17 | 0.17 | 8.50 % |
| FTNCOCOA | N 0.26 | N 0.28 | 0.02 | 7.69 % |
| SOVRENINS | N 0.28 | N 0.30 | 0.02 | 7.14 % |
| HONYFLOUR | N 2.19 | N 2.33 | 0.14 | 6.39 % |
Top Five Losers
| Symbols | Last Close | Current | Change | %Change |
|---|---|---|---|---|
| MRS | N 31.05 | N 27.95 | -3.10 | -9.98 % |
| ABCTRANS | N 0.38 | N 0.35 | -0.03 | -7.89 % |
| CHAMS | N 0.27 | N 0.25 | -0.02 | -7.41 % |
| ARDOVA | N 18.55 | N 17.40 | -1.15 | -6.20 % |
| ROYALEX | N 0.75 | N 0.71 | -0.04 | -5.33 % |
Top Five Trades
| Symbols | Volume | Value |
|---|---|---|
| COURTVILLE | 34604498.00 | 16609559.04 |
| UBA | 15001281.00 | 127310814.15 |
| GTCO | 12749020.00 | 335933612.25 |
| MANSARD | 8282365.00 | 16584241.01 |
| DANGCEM | 7324308.00 | 2088236731.20 |