FBN Holdings Plc has topped 41 different superior equities to tug the Nigerian Trade Ltd (NGX) market indices up by 1.46 per cent, week-on-week, making traders achieve N811 billion.
The market, having opened for 4 days within the week, following the Might Day vacation, had FBN Holdings main the gainers’ desk by 32.68 per cent to shut at N27 per share.
Sterling Monetary Holdings adopted by 27.75 per cent to shut at N4.88, whereas UACN gained 24.60 per cent to shut at N15.45 per share.
Julius Berger added 23.76 to shut at N72.40, whereas Flour Mills rose by 20.66 per cent to shut at N36.80 per share.
Conversely, Nascon Allied Industries Plc led the losers’ desk by 17.03 per cent to shut at N43.60, College Press trailed by 16.67 per cent to shut at N2.05 per share.
Neimeth Worldwide Prescribed drugs shed 14.14 per cent to shut at N1.70, Berger Paints Plc declined by 9.87 per cent to shut at N13.70 and Vitafoam Nigeria misplaced 9.81 per cent to shut at N17 per share.
In the meantime, 42 equities appreciated in worth in the course of the week, increased than 27 equities within the earlier week.
Thirty-six equities depreciated in worth, decrease than 43 within the earlier week, whereas 76 equities remained unchanged, decrease than 84 recorded within the earlier week.
Consequently, the All-Share Index and Market Capitalisation appreciated by 1.46 per cent to shut the week at 99,587.25 and N56.323 trillion, respectively, in distinction to 98,152.91 and N55.512 trillion posted final week.
Equally, all different indices completed increased apart from NGX Shopper Items, NGX Oil and Gasoline and NGX Industrial Items which depreciated by 0.26, 0.68 and 0.36 per cent, respectively, whereas NGX ASeM and NGX Sovereign Bond indices closed flat.
In the meantime, a complete turnover of 1.941 billion shares price N32.644 billion in 35,807 offers was traded this week by traders on the ground of the Trade, in distinction to a complete of 1.839 billion shares, valued at N34.258 billion, that exchanged arms final week in 37,528 offers.
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The monetary companies business measured by quantity led the exercise chart with 1.496 billion shares valued at N22.453 billion traded in 19,225 offers, thus contributing 77.08 and 68.78 per cent to the entire fairness turnover quantity and worth, respectively.
The buyer items business adopted with 144.722 million shares price N5.063 billion in 4,966 offers.
In third place was the conglomerates business, with a turnover of 109.978 million shares price N1.539 billion in 2,064 offers.
Buying and selling within the high three equities, specifically Abbey Mortgage Financial institution Plc, Warranty Belief Holdings Firm Plc and Entry Holdings Plc, measured by quantity, accounted for 898.940 million shares price N14.314 billion in 5,518 offers.
These contributed 46.31 and 43.85 per cent to the entire fairness turnover quantity and worth, respectively.
(NAN)
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