NGX: Zenith Bank, GTCO Lead Trading As Investors Make N44.03bn
Following a 0.15 percent increase in equity capitalization at the close of trading on Tuesday, investors in the Nigerian capital market took home N44.03 billion.
Today’s market capitalization increased from N28.95 trillion to N28.99 trillion after five hours of trading, showing the bourse’s complete recovery from prior losses.
The All-Share Index also increased by 80.84 basis points to close at 53,238.67, up from the previous day’s reading of 53,157.83.
In 4,328 transactions on Tuesday, investors traded 250.19 million shares for N5.88 billion.
This was more than the 201.35 million shares worth N5.66 billion that shareholders exchanged in 4,332 transactions the day before.
Living Trust was the top gainer, increasing its share price by N0.18kobo, from N1.80kobo to N1.98kobo.
Veritas Kapital increased its share price by 10% to N0.22 kobo from N0.20 kobo.
Geregu‘s share price increased by N17.60kobo to N193.60kobo at the close of trade from N176 per share.
The price per share for John Holt’s shares increased by N0.12kobo, from N1.21kobo to N1.33kobo.
SCOA increased by 9.78 percent to close at N1.01, which was higher than the share’s N0.92 beginning price.
Chams, which lost 10% and saw its share price fall from N0.30 to N0.27, led the losers’ leaderboard.
The price of a share of NCR decreased by N0.36kobo, closing at N3.24kobo from N3.60kobo.
Unity Bank’s share price dropped from N0.55kobo to N0.50kobo, a 9.09 percent loss.
Royal Exchange’s stock lost 8.97 percent during trade, going from N0.78 to N0.71 per share.
Japaul Gold saw a loss of 8.33 percent, moving from N0.36 to N0.33 per share.
With 48.55 million shares traded for N9.71 million, Universal Insurance took the lead in the day’s trading.
14.15 million shares worth N353.77 million were traded by GTCO.
12.51 million shares worth 315.02 million were sold by Zenith Bank.
Unity Bank traded 10.87 million shares valued at N5.47 million, while Access Corp traded 11.56 million shares worth N104.88 million.