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NGX ASI rises by 0.78% as investors gain N305.61bn


The NGX Market Capitalisation, yesterday, recorded a gain of N305.61 billion as the equities market closed positively, gaining 558.47 basis points.

The NGX All-Share Index advanced by 0.78%, closing at 71,808.64 basis points, compared to the previous day’s gain of 0.43%, which closed at 71,250.17 basis points.

The NGX ASI year-to-date return was at 40.11% while market activities measured by volume traded increased by 58.02%.

The total volume traded advanced by 59.15% to close at N690.01m, valued at N12.10bn and traded in 8,412 deals. GTCO was the most traded stock by volume and value, with N76.70m and N3.04bn units traded.

At the close of trading, the market recorded 34 gainers, 21 losers, and 64 unchanged. Top 3 gainers were Thomas Wyatt Nigeria (9.93%), FBN Holdings (9.91%) and Multiverse Mining and Exploration (9.90%) while the top 3 losers were AXA Mansard Insurance  (-9.69%), Guinea Insurance (-9.68%), and Oando (-9.13%).

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