Investors Hit N104.54 billion As Guinness, Caverton, Others Raise Stock Exchange

The equity capitalisation of the Nigerian stock exchange rose to N26.88 trillion from N26.77 trillion on Wednesday, appreciating by 0.3 percent, which represents N104.54 billion growth.

It followed the path of the All-Share Index that gained 193.82 basis points to end trading with 49,836.51, from 49,642.69 ASI.

This occurred after over N3.23 billion was spent to trade 367.34 million shares on Wednesday, in 3,725 deals, in contrast to the 125.94 million shares, worth N3.07 billion, that was exchanged in 4,145 deals on Tuesday.

Top five gainers in  stock exchange

• Guinness share appreciated by N7.90kobo to rise from N80 to N87.90kobo per.
• Caverton stock grew N0.10kobo, up from N1.04 to N1.14kobo per share.
• Transcorp ended trading with N1.13kobo from N1.04 per share, rising by 8.65 percent.
• NGX Group gained N1.35kobo to end trading at N22.35kobo, having opened with N21.
• LASACO stock was up by 5.10 percent, closing with N1.03, from N0.98kobo per share.

Top five losers

• Consolidated Hallmark Insurance depreciated by -7.69 percent, dwindling from N0.65kobo to N0.60kobo per share.
• Unilever also fell by N0.95kobo to end trading at N12.20kobo, after opening with N13.15kobo per share.
• Sovereign Insurance followed the same path, losing 7.14 percent after trading hours, to sell at N0.26kobo from N0.28kobo per share.
• UPDC REIT reported a decline of N0.25kobo from previous day’s share price of N3.55kobo to end trading at N3.30kobo per share.
• Jaiz Bank share depreciated to N0.86kobo from N0.90kobo, after losing 4.44 percent during trading hours.
• READ ALSO: Stock Market Falls To N26.794 trillion, On Losses In Caverton, Nigerian Breweries

Top five trading equities in stock exchange

• Sterling Bank reported 162.44 million shares valued at N238.93 million were traded on its floor.
• Access Corp recorded 27.70 million shares valued at N228.03 million.
• UBA saw investors trade 26.57 million of its shares valued at N191.27 million
• FBN Holdings recorded 22.42 million shares exchanged on its floor, worth N244.66 million
• Fidelity Bank reported 20.16 million valued at N63.76 billion, exchanged investors hands

Fakoyejo Olalekan

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