Transactions at the Nigerian Exchange Limited (NGX) closed bullish on Thursday, March 28, 2024, as investors gained ₦158 billion.
Rise in share price of about 39 major stock was instrumental to the gains reccorded.
Share price appreciation in Julius Berger Nigeria Plc and 38 others significantly contributed to investors gains in the stock market.
The All Share Index appreciated by 0.27%, to close at 104,562.06 bps from the previous close of 104,283.64bps.
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At the close of trade, the stock market capitalisation rose by ₦158 billion to closed at ₦59.121 trillion.
Meanwhile, a total of 623,075,241 of shares was traded in 10,257 deals valued at ₦16.954 billion.
Gainers And Losers
Morison Industries Plc led other gainers with 10% growth to close at ₦1.76 from its previous price of ₦1.60
Ikeja Hotel, Julius Berger Nigeria, and Omatek Ventures Plc amongst other gainers also grew their share prices by 9.91%, 9.73%, and 9.72% respectively.
FTN Cocoa Processors Plc led other price decliners as it shed 9.96% off its share price to close at ₦1.60.
ABC Transport, Guinea Insurance, and NGX Group Plc amongst other losers also shed their share prices by 9.41%, 87.89%, and 6.76% respectively.
Volume Drivers
Zenith Bank Plc traded about 88.355 million units of its shares in 817 deals, valued at ₦3.887 billion
Guaranty Trust Holding Company (GTCO) Plc traded about 78.676 million units of its shares in 795 deals, valued at ₦4.115billion.
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Access Holding Plc traded about 56.743 million units of its shares in 915 deals, valued at ₦1.392billion.
