Records in life are meant to be made and broken.

A few months ago, the Nigerian Exchange Limited (NGX) broke the record for hitting the highest all-share index at 90,000bps.

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Today, the NGX ASI broke another record hitting 100,00bps as investors gained ₦‎420 billion.

NGX Among Top Performing Markets In 3 Months, stock Market Capitalisation

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Trading at the Nigerian Exchange Limited (NGX) ended on a positive note for the fourth day as investors made ₦‎420 billion gain.

Not many expected the market to be this bullish after the poor outing of the previous week which closed on a bearish note.

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Have You Read: NGX: Market Cap Up By ₦‎227bn As ASI Closes At 401.18bps

The NGX All-Share Index (ASI) broke a historic record on Thursday, March 7, 2024, rising by 0.75% to close at 100,335.30bps

This brings the NGX ASI, year-to-date to 34.86%, the month-to-date to 0.37%, and the week-to-date to 1.60% respectively.

The NGX market capitalisation also appreciated by ₦‎420 billion to close at ₦‎56.731 trillion from the previous day ₦56.730trillion

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A total of 554,716,666 units of shares was traded in 9,708 deals valued at ₦‎17.7 trillion.

Gainers And Losers

MTN Nigeria and Dangote Sugar led the gainer’s table with 10% growth each to close at ₦201.30 and ₦50.60 respectively

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Transcorp Power, Juli, and NASCON Allied Industries Plc share prices grew by 9.99%, 9.96%, and 9.92% respectively.

Leading the decliners are FTN Cocoa Processors and Guinness Nigeria Plc who shed 10% each off their share prices to close at ₦1.53, and ₦45.90 respectively

Transcorp, Ikeja Hotel, and Red Star Express Plc amongst other losers also shed their share prices by  9.95%, 9.93%,  and 9.87% respectively.

Volume Drivers

Transcorp Plc traded about 301.363 million units of its shares in 2,184 deals, valued at ₦5.656 billion.

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Sterling Financial Holding Plc traded about 33.320million units of its shares in 191 deals, valued at ₦150.785 million

First Bank of Nigeria Holding (FBNH) Plc traded about 23.211 million units of its shares in 402 deals, valued at ₦773.912 million

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