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NGX benchmark index maintains bullish sentiment

December 20, 2023
in Business News
NGX benchmark index maintains bullish sentiment
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The Nigeria Exchange Group Limited’s benchmark index, NGX, increased by 0.09 percent on Tuesday due to gains in 36 stocks.

The All-Share Index of listed shares increased by 65.19 basis points during the second trading session of the week, or 0.09%, to close at 72,470.10, which is higher than the 72,404.91 points recorded on Monday.

In a same vein, market capitalization increased by N35 billion for investors, or 0.09%, to close at N39.656 from N39.621 trillion the day before.

The market sentiment when measured by market breath was positive with at a total volume of 411.21 million units of shares that exchanged hands in 6,870 deals.

The day’s business ended with 27 stocks on the gainers table relative to 13 losers.

INFINITY led the gainer chart for the second day with a closing price of N3.41k per share after gaining 10%. CAVERTON shares also gained 10% to close at N1.76k. NNFM followed with a 9.42% on its share price to close at N42.40k while RTBRISCOE shares made a 9.09% profit to closes at N0.60k.

On the other hand, the share price of OMATEK dropped by 10% to close at N0.63k. PRESTIGE followed with a 9.62% loss on its share to close at N0.47k while ETRANZACT had a 9.60% drop on its share price to close at N5.65k.

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