NGX: ASI Rose By 34.49bps As Transcorp Led Gainers Table

All-Share Index appreciated by 39.49 basis points to close at 51,178.41 on the Nigerian Exchange Ltd (NGX), while market capitalisation also rose by by 0.06% at the close of trading on Wednesday.

This translates to a ₦17.74 billion increase in the value of investments in the capital market from ₦27.85 trillion to ₦27.87 trillion after five hours of trading on Wednesday.

The All-Share Index which by 39.49 basis points to close at 51,178.41, up from 51,138.92 posted by the bourse on Tuesday.

Investors traded 1.27 billion shares valued at ₦3.97 billion in 3,505 deals on Wednesday.

This surpassed the 1.81 billion shares worth ₦5.02 traded by shareholders in 4,669 deals the previous day.

Gainers 

Transcorp led the gainers’ list with ₦0.20kobo rise in share price moving from ₦2.03 to ₦2.23kobo per share.

International Breweries’ share value was up by ₦0.30kobo to end trading at ₦4.75kobo from ₦4.45kobo per share.

Academy gained 6.56% to move from ₦1.22kobo to ₦1.30kobo per share.

Livestock gained 4.26% to close at ₦0.98kobo, above its opening price of ₦0.94kobo per share.

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RT Briscoe’s share price was up by 4.17% to close at ₦0.25 kobo from ₦0.24kobo per share.

Losers

FTN Cocoa topped the losers’ table after shedding 3.85% to drop from ₦0.26kobo to ₦0.25kobo per share.

Prestige’s share price dropped by 2.50% to end trading at ₦0.39kobo from ₦0.40kobo per share.

Nigerian Breweries lost N0.55kobo to end trading with ₦36.20kobo from ₦36.75kobo per share.

Wapco’s share price dropped from ₦23.75kobo to ₦23.40kobo per share after losing ₦0.35kobo during trading.

Africa Prudential lost 0.92% to drop from ₦5.45kobo to ₦5.40kobo per share.

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Transcorp led the day’s top trading with 1.13 billion shares valued at ₦2.13 billion.

Fidelity Bank followed with 19.51 million shares worth ₦102.59 million.

Zenith Bank sold 16.48 million shares worth ₦359.07 million.

GTCO traded 15.08 million shares valued at ₦379.99 million, while Dangote Sugar sold 8.97 million shares valued at ₦154.78 million.