A total of 1,333,392,946 shares were exchanged in 83,265 deals as market value reached N69.04 billion on the Nigerian Stock Exchange (NGX) on Wednesday, news.ng reports.
According to market data, Wednesday’s trading closed on a positive note, as the volume of trade increased by 47%, turnover by 1%, and deals by 15%.
Market capitalization stood at N152.7 trillion ($111 billion).
Further details revealed that out of the 132 listed stocks that participated in Wednesday’s trading, 49 equities emerged as gainers, while 42 recorded losses.
Among the gainers, telecommunication giant Airtel Africa recorded a 10% increase in its share price to close at N3,021.30 per share. UAC of Nigeria also gained 10%, closing the day at N65.00 per share.
Others include CAP, whose share price appreciated by 10% to close at N132.00 per share, while Zichis Agro-Allied Industries recorded a 10% increase to close at N19.80 per share.
On the losers’ chart, renowned food and beverages maker Cadbury Nigeria suffered a heavy loss, as its share price declined by 10% to close at N66.15 per share. John Holt followed with a 10% loss to close the day at N12.60 per share.
Others include E-Tranzact International, which saw a decline of 9.97% to close at N15.80 per share, while Morison Industries shed 9.92% to close at N10.62 per share.
Equities with the highest trading volume include Access Holdings, which recorded the highest volume with 281 million traded shares, followed by United Bank for Africa (UBA) with 161 million shares traded.
Lasaco Assurance recorded 78.6 million shares traded, while Wema Bank had 65.7 million shares traded.
