NGX equities resume on positive note after Easter

NGX equities resume on positive note after Easter

Investors resumed trading on the floor of the Nigeria Exchange Group Limited, NGX after the Easter holidays with N19 billion additional gain on market capitalisation.

The positive trend sustained at the market through out last week has persisted despite the two day break designated to mark the 2022 Easter celebration.

The NGX All Share Index appreciated further by 35.48 basis points or 0.07 percent to close at 47,545.86 on Tuesday higher than 47,510.38 basis points recorded on Thursday.

The overall market capitalisation gained N19 billion to close atN25.633 trillion compared to Thursday’s N25.613 trillion.

Market sentiment, as measured by market breadth, was negative as 31 stocks declined relative to 21 gainers.

On the flipside, Academy nion Bank declined by 9.72 percent to close at N1.30k After loosing N0.14k. JOHN HOLT followed with a loss of 9.30 percent to close at N0.78k while JAPAUL GOLD depreciated by 9.09 percent  to close at N0.03k per share.

Tuesday’s trading ended with a total volume of 365.45 million units, valued at N7.10 billion exchanged in 5,790 deals.
Transactions in the shares of Fidelity Bank  topped the activity chart with 33.757 million shares valued at N132.130 million.

Access Holdings  followed with 23.960 million shares worth N247.074 million, while MTN Nigeria traded 22.152 million shares valued at N4.718 million.

Mercy Chukwudiebere

↯↯↯Read More On The Topic On TDPel Media ↯↯↯

»Share Your Opinion On TDPel Media«