Market indicators after Thursday’s trading activities on the Nigerian Exchange Limited (NGX) closed in the red, as stockbrokers recorded a total of 868,481,478 shares valued at N31,461,684,872.42 across 69,203 deals, news.ng reports.
According to available data, Thursday’s trading volume declined by 37%, turnover also dropped by 31%, while deals fell by one per cent as investors displayed a cautious mood.
Notwithstanding, market capitalisation stood at N124.2 trillion, showing continued market resilience amid the volatility.
Out of the 130 equities that took part in today’s trading, 30 stocks were in the green territory, while 38 recorded losses.
Among the top gainers, shares of FTN Cocoa Processors gained 10% to close at N6.05 per share, followed by RT Briscoe, whose share price appreciated by 9.95% to close at N11.38. DEAP Capital Management & Trust also saw its share price rise by 9.92%, closing at N6.89.
Others include Japaul Gold and Ventures, which rose by 9.91% to close at N3.77. Ellah Lakes gained 9.72% to close at N11.85, while Omatek also appreciated by 9.72% to close at N2.37 per share.
On the losers’ table, Jaiz Bank, which gained yesterday, had its share price crash by 9.98% to close at N12.63 per share. Ikeja Hotel and John Holt both saw their share prices decline by 9.9% to close at N3.75 and N8.65, respectively.
Other losers include Nigerian Enamelware, whose shares dipped by 9.88% to close at N36.50 per share. Cadbury Nigeria Plc witnessed a downward trend as its share price plummeted by 9.69% to close at N2.37 per share on Thursday.
In terms of trading volume, Jaiz Bank topped the chart with 78.9 million shares changing hands, followed by Japaul Gold and Ventures with 73.3 million shares traded. Access Holdings recorded 66.9 million shares exchanged, while Chams saw 56.9 million shares traded.
