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NGX: Over 1 billion Shares Traded as Turnover Hits N61.3

Tuesday’s trading session on the Nigerian Exchange Group (NGX) saw a total of 1,075,357,376 shares traded in 89,735 deals, as market value reached N61.299 billion, news.ng reports.

Market data obtained by this news medium indicated that the volume of trade surged by 29%, turnover rose by 15%, while deals declined by 36% compared to yesterday’s results.

Market capitalisation of the NGX stood at N128.8 trillion.

Further details revealed that 37 equities were in the green territory, while 23 recorded losses out of the 133 companies listed for trading today.

African telecommunications giant, Airtel Africa, led the gainers’ chart as the company recorded a 10% increase in its share price to close at N2,497.00 per share. Also, John Holt saw its share price rise by 10% to close at N14.30 per share.

Others include Legend Internet, whose share price improved by 10% to close at N6.60 per share, while Consolidated Hallmark Holdings saw a 10% increase as trading closed at N4.95 per share.

On the other side, Nigeria Police Force (NPF) Microfinance Bank emerged as the worst loser after today’s trading, as its share price declined by 6.29% to close at N6.56 per share. Royal Exchange lost 5.32% to close at N1.78 per share.

Others include Computer Warehouse Group, whose share price depreciated by 4.82% to close at N20.75 per share, while Veritas Kapital Assurance saw its share price decline by 4.21% to close at N2.05 per share.

In terms of the most actively traded equities, Guaranty Trust Holding recorded the highest volume with 184 million shares traded, followed by Wema Bank with 182 million shares. United Bank for Africa (UBA) recorded 119 million shares, while Access Holdings recorded 83.7 million shares.