NGX ASI Rises 12bps as Access Drive Volume, GTCO Top Value
The Nigerian Exchange (NGX) All-share index (ASI) rose by 12 basis points on Tuesday, with Access Holdings Plc driving trade volume, while GTCO was the highest in terms of value of stock traded.
The market index or NGX ASI ended the day positive, rising by 196.26 basis points, representing a 0.12% increase to close at 165,713.82 points.
Equities market capitalization increased by N125.65 billion, representing a 0.12% change, closing at approximately N106.09 trillion, according to data obtained from the Nigerian bourse.
As of the end of today’s trading activities, the NGX ASI has a return 6.49% from the beginning of the year to date.
Market breadth was 1.27x, with 33 gainers and 26 losers. The gainers’ list was led by UHOMREIT (9.94%), SCOA (9.94%), and DEAPCAP (9.94%). The losers’ list was led by AUSTINLAZ (-9.96%), NEIMETH (-9.62%), and PRESTIGE (-7.37%).
Activity levels were mixed as total volume reduced to 483.09 million and total value rose to N17.38 billion, while the number of deals decreased to 41,499 compared to the last trading session, where 601.65 million units of shares valued at N17.30 billion were exchanged in 58,429 deals.
ACCESSCORP topped the volume charts with 26.46 million units, while GTCO led the value charts with N2.49 billion worth of trades. #NGX ASI Rises 12bps as Access Drive Volume, GTCO Top Value
