Newscenter Media News The Nigerian equities market began the week with a massive N977 billion profit for investors on Monday, December 30, 2024 on the trading floor of the Nigerian Exchange Group (NGX).
This follows a surge in the share prices of stocks like NEIMETH, PRESTIGE, and LASACO amongst others on the trading floor.
After five hours of trading at the capital market, the equity capitalization increased to ₦62.899 billion from ₦61.912 trillion which was recorded by the bourse the previous trading day.
The benchmark All-Share Index (ASI) increased to 103,149.35 from 102,133.30 recorded on Friday last week.
The market breadth was positive as 37 stocks advanced and 21 stocks declined, while 65 stocks remained unchanged in 13,778 deals.
NEIMETH, PRESTIGE, and LASACO led other gainers with 10%, 10% and 9.96% growth each in prices to close at N2.09, N1.10 and N3.89 from the previous N1.90, N1.00 and N2.81 per share.
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PZ, VITAFOAM, and NGXGROUP led other price decliners with 10%, 9.62%, and 9.17% decline each in share prices to close at N26.10, N21.60, and N27.25 from the previous N29.00, N23.90 and N30.00 per share
On the volume index, UNIVINSURE led trading with 71 million shares in 259 deals followed by GTCO which traded 54 million shares in 295 deals.
ACCESSCORP traded 46 million shares in 754 deals.
On the value index, GTCO topped as the securities traded stock worth N3.1 billion in 295 deals followed by ARADEL which traded equities worth N1.6 billion in 410 deals.
BUAFOODS traded shares valued at N1.6 billion in 838 deals.
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