Investors on the Nigerian Exchange (NGX) closed Thursday’s session N143 billion richer, driven by notable price gains in key stocks including Guinness Nigeria, Eunisell Interlinked Plc, and Regal Insurance.
The All-Share Index (ASI) rose to 142,263.07 points, up from 142,036.23 points recorded on Wednesday. Market capitalisation also advanced to N90.005 trillion from the previous day’s N89.8 trillion, after five hours of trading.
Despite the positive outcome, market breadth was negative as 30 stocks gained, 20 declined, while 97 remained unchanged across 22,779 deals.
Top Gainers
- Guinness Nigeria gained 10% to close at N176.00 from N160.00.
- Eunisell Interlinked Plc rose 9.89% to N30.55 from N27.80.
- Regal Insurance appreciated 9.82% to N1.79 from N1.63.
Top Losers
- Consolidated Hallmark Plc dipped 7.95% to N4.02 from N4.35.
- The Initiate Place fell 7.48% to N12.00.
- Sovereign Insurance Plc declined 6.21% to N2.87 from N3.06.
Trading Highlights
On the activity chart, Access Holding Plc led by volume with 37 million shares traded in 1,175 deals. Zenith Bank Plc followed with 24 million shares in 1,475 deals, while Fidelity Bank Plc exchanged 20 million shares in 493 deals.
By value, Zenith Bank Plc dominated with N1.6 billion worth of shares traded. Aradel Holding followed with transactions worth N1.1 billion, while Access Holding Plc recorded trades valued at N1.0 billion.
