Activities on the floor of the Nigerian domestic bourse opened week bullish as the day’s session closed with a +1.61% rise. The NgX-All share Index gained to settle at 61,949.24 points. Investor’s interests in ACCESSCORP (+9.94%), FBNH (+7.62%), GTCO (+4.29%), ZENITHBANK (+2.92%), MTNN (+1.68%) and sixty-two (62) others moved the market up, as the ASI year-to-date (YTD) yield gained to settle at +20.87%.
FCMB led the top 5 most traded equities with (173.81)mn shares traded, with UBA following with (160.67)mn, ACCESSCORP (132.52)mn, JAIZBANK (80.64)mn, and TRANSCORP with (74.96)mn units of shares, which made up 51.65% of total volume and 41.72% of the total value of traded transactions for the session. ACCESSCORP (912) and UBA (894) led one hundred and twenty-three (123) others on the deals table.
The total volume traded today increased by (+20.78%) to end the day with 1.21mn shares valued at N14.04bn traded in 12,128 deals compared to 998.08mn shares valued at N15.96bn traded in 10,580 deals, Market Index closed at 61,949.24 points compared to 60,968.27 points for Friday 30/06/2023 signifying an increase of (+1.61%). Market Capitalization gained N534.01bn to close at N33.73tn against N33.20tn, also signifying an increase of (+1.61%) for the same period on the equities market.
Analysis of trading activities shows that one hundred and twenty-five (125) equities were traded on, sixty-seven (67) equities appreciated and fourteen (14) equities depreciated in price, while forty-four (44) equities remained unchanged. MEYER (+10.00%), JAPAULGOLD (+10.00%), LINKASSUR (+10.00%), ETERNA (+10.00%), FIDELITY (+10.00%), UPL (+10.00%) led sixty-three (63) others on the gainer’s table, while TRIPPLEG (-9.87%) also led thirteen (13) others on the laggard’s table.