By Cynthia Ezekwe

 

Trading activities on the Nigerian Exchange(NGX) closed on a positive note with a gain of N32 billion in market capitalization,as investors  regained their grip on the stock market.

 

Market capitalisation appreciated by N32 billion, as All Share Index (ASI) increased by 0.12% to close at 48.426.49 points.

 

The stock market advanced by 5710.05 basis points(13.36%) since the beginning of the year,while the stock market value was N26.3 trillion at the close of market today.

 

Regardless of the gain, market breadth closed negative, as THOMASWY led 12 gainers, with 17 losers, led by  SCOA, at the end of transactions.

On the market chart, THOMASWY had the  highest price gain of 10.00 per cent to close at N0.44 per share; JAPAULGOLD followed with 7.41 per cent gain to close at N0.29 per share;  Honeyflour appreciated by 6.14 per cent to close at N2.42 per share; Maybaker gained 5.26 per cent to close at N4.00 per share, while NB up  appreciated by 4.62 per cent to close at N38.50 per share.

On the losers chart, SCOA depreciated by 9.38 per cent to close at N0.87 per share, Unity bank followed with a decline of 7.02 per cent to close at N0.53; Cornest lost 6.25 per cent to close at N0.45; Courtville shed 6.00 per cent to N0.47 per share, while Chams declined by 4.35 per cent to close at N0.22 per share.

For the market indices, NGX ASI stood at 48,426.49 points, up 0.12 per cent  against previous ASI, which was 48.366.69 points.

It also rose to 13.36 per cent Y-t-D  as the market cap stood at N26.376 trillion, while the volume was 146.206 million, and the value N3.35 billion, with a total of 2,810 deals.