NGX: All-Share-Index Drops As Over 320m Shares Were Traded

Over 320 million shares were traded at the floor of the Nigerian Exchange on Thursday.

Shares from Fidelity bank, Transcorp, UBA contributed immensely to trade.

NGX

At the end of trading session on the Nigerian Stock Exchange (NGX), on Thursday.

A total of 320,346,677 shares were traded in 5,176 deals, worth 3,729,425,470.86 naira.

Have You Read:  NGX: Market Cap Hit ₦35.5trn, As Chellarams, Dangote Make Gains 

This, in comparison with the previous NGX trading day (Wednesday 16th) data shows 10% improvement in volume.

Also, a 50% decline in turnover, and 17% decline in deals.

NGX All-Share Index (ASI) shed 176.32 (-0.27%) points to close at 64,448.96, showing a year-to-date gain of 25.75%

The NGX market capitalization is 35.1 trillion naira.

John Holt Led The Gainers Table

John Holt led the gainers with 10% share price appreciation closing at 1.32 naira per share.

Next to John Holt is Computer Warehouse Group (+9.76%), Prestige Assurance Company (+8.33%) and Cutix (+8%).

Guinea Insurance Led The Losers Table

Guinea Insurance shares depreciated by 8.57% at 0.32 naira per share, followed by RT Briscoe (-8.16%).

Consolidated Hallmark Insurance (-7.61%) and Sunu Assurances Nigeria (-6.98%) also lost.

Most Traded Shares

Fidelity Bank recorded the highest volume of 80 million traded shares, followed by Transcorp Nigeria (34.3m).

United Bank for Africa (24.4m) and Universal Insurance Company (22.4m)

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Other remarkable indices that performed were the NGX Top 50 Index, NGX Top 30 Index,

Others are NGX Insurance Index, NGX Consumer Goods IndexN, GX Main Board Index, and NGX Oil & Gas Index.

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