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Home ยป NGX sustains bullish run as ASI rises by 0.4% on Monday
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NGX sustains bullish run as ASI rises by 0.4% on Monday

OsunDailyBy OsunDailyNovember 6, 2023No Comments2 Mins Read
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NGX closes week on bearish note as ASI declines by 0.27% on Friday
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The Nigerian Exchange Limited, NGX, sustained its bullish run on Monday as the All-Share Index increased by 282.69 points to close at 70,479.62.

The equities market also gained N156 billion as the
cap closed at N38.712 trillion, marking a 0.4 per cent appreciation.

The market witnessed 6,837 deals, an appreciation from last Fridayโ€™s 6,436 deals.

However, there was a decline in trading volume, with 391.014 million units traded as against Fridayโ€™s 410.362 million. Regarding trading value, there was also a decline as N7.71 billion was traded today, as against Fridayโ€™s N9.16 billion.

Top gainers are THOMASWY, +10.00 per cent to close at N4.07; CHAMS, +9.90 per cent to close at N2.02, GLAXOSMITH, +9.68 per cent to close at N12.40, OANDO, +9.66 per cent to close at N8.80 and APAULGOLD: +9.45 per cent to close at N1.27.

On the other hand, losers are ABCTRANS, -9.30 per cent to close at N0.86, CORNERST -9.27 per cent to close at N1.51, CHAMPION: -9.19 per cent to close at N3.70, INTBREW: -8.79 per cent to close at N4.55 and DAARCOMM: -8.70 per cent to close at N0.23.

In terms of trading volume, UBA (+0.24 per cent) led with 1.056 billion units, followed by FBNH (+1.69 per cent) with 33.268 million units, JAPAULGOLD (+0.12 per cent) with 21.348 million units, FIDELITYBK (+6.51 per cent) with 20.439 million units and ACCESSCORP (+0.29 per cent) with 19.503 million units.

Also, UBA led the market with N2.14 billion, followed by GEREGU with N1.156 billion, FBNH with N602.499 million, STANBIC with N478.246 million, and ACCESSCORP with N335.651 million.


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ASI bullish Monday NGX Rises Run sustains
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