NGX extends bullish run with N53bn market capitalisation 

By Cynthia Ezekwe

Trading activities on the floor of the  Nigerian Exchange (NGX) closed bullish on Monday, with  a gain of N53 billion in market capitalisation.

 The All Share Index (ASI) increased by 0.20 per cent to close at 49.316.29 points.

Meanwhile, an  aggregate of 76.74 million units of shares were traded in 3,262

 deals, valued at N1.32 billion .

The market breadth closed in positive terrain as  THOMASWYATT led 14 gainers, against 10 equities that recorded losses in their share prices, led by PZ.

THOMASWYATT topped the gainers chart with 8.77 per cent growth  to close at N0.62; INTBREW was up  5.81 to close at N4.55; PHARMDEKO gained  5.00 per cent  to close at N2.10; LIVINGTRUST  appreciated by  4.90 per cent  to close at N1.50; while FIDSON advanced 3.45 per cent  to close at N9.30

On the contrary, PZ topped the losers chart as it shed  7.26 per cent  to close at N11.50; CHAMS depreciated  4.35% to close at N0.22; UPDCREIT lost  3.33 per cent  to close at N2.90; FTNCOCOA shed  3.23 per cent to close at N0.30; while AFRIPRUD depreciated   2.73 per cent to close at N5.35.

GTCO led the top three by value which totalled N352,214,489; NESTLE was valued at N187,676,43; while MTNN was valued at N131,823,872.

As of the close of the day’s trading, the stock market value stood advanced by  6,698.52 basis points or 15.6 per cent.