ASI rises 1.63%, NGX begins trading with bullish trend in 2024


The Nigerian Exchange Limited started the new year on a bullish note with the All Shares Index breaking the 75,000 mark.

The All Shares Index rose 1.63% or 1,217.11 points to close at 75,990.88 points.

On the first trading day of the year, the stock gained 663 billion naira and ended with a market capitalization of 41,583 billion naira.

Trading volume increased to 515.807 million units from 368.629 million units recorded in the previous trading session. In terms of amount, the depreciation amounted to 5.57 billion Naira compared to the previous 12.82 billion Naira.

Therefore, the top gainers are AIICO, +10.00% to end at N0.88, LINKASSURE, +10.00% to end at N0.88, SUNUASSUR: +10.00% to end at N1.21, DAARCOMM, +10.00% to end at N1.21 is. Ended at N0.99, IKEJAHOTEL, +10.00 percent to end at N6.60, INFINITY, +10.00 percent to end at N6.60.

On the contrary, the top losers, Cadbury, -10.00%, finished with N17.10, Thomaswi, -10.00%, finished with N2.43, MECURE, -10.00%, finished with N10.80, Prestige, -9.80% N0. Ended at 46, CONHALLPLC: -9.52%, ended at N1.33, OMATEK, -9.21%, ended at N0.69.

As for stocks with the highest trading volume, MBENEFIT (-5.66%) topped the list with 101.63 million units, followed by TRANSCORP (+9.93%) with 46.65 million units, UNITYBANK (+9.88%) with 35.22 million units, and JAIZBANK (+0.52%) with 46.65 million units. ) was 26.99 million units, and UBA (+1.36%) was 20.07 million units.

In terms of value, AIRTELAFRI (+5.99%) topped the list with 741.78 million naira, followed by GTCO (-0.99%) with 601.93 million naira, UBA (+1.36%) with 513.85 million naira, and TRANSCORP ( +9.93%) was 440.67 million naira, while Zenith Bank (+0.91%) was 427.62 million naira.

At Tuesday's end, AIRTELAFRI (+5.99%), BUACEMENT (+5.15%), ZENITHBANK (+0.91%) were up while GTCO (-0.99%) was up, with stocks trading above 1 trillion naira. It was doing very well. Cent) recorded a price decline. No price changes were recorded for other category members (BUAFOODS, DANGCEM, MTNN, SEPLAT).

FBNH (+0.42%), UBA (+1.36%), ACCESSCORP (+1.73%), ZENITHBANK (+0.91%) recorded increases, while GTCO decreased in price.

Source: dailypost.ng

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