By Chukwuma Umeorah
Gainers made some dramatic comeback to the floor of the Nigerian Exchange Group (NGX) at the close of yesterday’s trading session as investors earned N3.22 billion bringing market capitalisation to N26.67 trillion. This was coming after the market had recorded losses in its last four trading sessions.
A total of 147.58 million shares with market value of N2.39 billion were exchanged in 3,323 deals, signifying a 119 per cent increase when compared to 67.37 million shares worth N1.48 billion traded in previous session. Leading the day’s trade measured in volume terms was the banking sub-sector as GTCO traded over 35.8 million units valued at N69.37 billion. Following suit was CAPITAL HOTEL and FBN HOLDINGS exchanging 21.5 million units and 20.9 million units valued at 73.54 billion and N208.92 billion respectively.
The NGX All Share Index (ASI) closed at 49,445.31 points when compared to 49,440.21 points recorded in previous trading session. Consequently, the year-to-date (YTD) inched up to 15.75 per cent.
Market breadth closed with 11 gainers and 14 losers. TOTAL led the losers chart dipping 9.98 per cent to close at N211.10 per share. Likewise LEARN AFRICA PLC lost -9.71 per cent closing at N1.86 per share. Following was HONEYWELL FLOUR losing 8.13 per cent to close a N2.26 per share.
CUTIX also dipped 6.98 per cent to close at N2.00 per share and NPF MICROFINANCE losing 6.63 per cent to close at N1.55 per share.
On the other hand, the automobile sub sector opened the floor of the gainers chart with RTBRISCOE gaining double-digit 10.00 per cent to close at N0.33 per share. FBN HOLDINGS also recorded a 5.00 per cent increase to close at N10.50 per share. LINKASSURE followed suit gaining 4.35 per cent to close at 0.48 per share. REGAlINS gained 4.00 per cent to close at N0.26 per share and MUTUAL BENEFIT with 3.70 per cent increase to close at N0.28 per share.