NGX starts the week with a marginal increase, led by Universal Insurance Plc

• The Nigerian Exchange experienced a marginal increase as the All-Share Index gained 0.02% to begin the week.
• The market capitalization of equities gain N8 billion, resulting in a marginal 0.02% gain from the previous trading session.
• Universal Insurance Plc (10.00%) led the gainers while Jaiz Bank Plc was the most traded equity in terms of volume.

The Nigerian Exchange (NGX) closed positive as the equity market saw marginal gain to begin the week.

The All-Share Index (ASI) traded 0.02% higher to close at 59,014.85 index points as against 59,000.96 index points recorded in the previous day’s trading session.

The market capitalization of equities saw a marginal gain of N8 billion to close at N32.134 trillion, a 0.02% gain compared to the N32.126 trillion recorded in the previous trading session.

Market breadth closed positive as Universal Insurance Plc (10.00%) led gainers, Ellahlakes Plc (-10.00%) led losers while Jaiz Bank Plc was the most traded equity – by volume – at the end of today’s session.

Trading volume also increased by +34.80% from the previous day’s session as N892.95 million units of shares were traded today.

Market Indices

Below are the market indices for today’s trading session:

• NGX ASI: 59,014.85 points
• Previous ASI: 59,000.96 points
• % Day Change: +0.02%
• % YTD: +15.15%
• Market Cap: N32.134 trillion
• Volume Traded: 892.95 million
• Value: N11.15 billion
• Deals: 9,274

NGX TOP GAINERS

• UNIVINSURE gained 10.00% to close at N0.22 per share
• TANTALIZER gained 10.00% to close at N0.22 per share
• UNITYBNK gained 9.80% to close at N1.12 per share
• MBENEFIT gained 9.76% to close at N0.45 per share
• FTNCOCOA gained 9.63% to close at N1.48 per share

NGX TOP LOSERS

• ELLAHLAKES was down by -10.00% to close at N3.24 per share
• JOHNHOLT was down by -9.57% to close at N1.04 per share
• ACADEMY was down by -9.55% to close at N1.80 per share
• OMATEK was down by -7.14% to close at N0.26 per share
• REGALINS was down by -7.14% to close at N0.39 per share

TOP 3 BY VOLUME

• JAIZBANK            139,891,381
• STERLINGNG       105,543,000
• UNIVINSURE       95,115,898 

TOP 3 BY VALUE

• GTCO                    N2,650,042,453
• UBA                      N693,272,156
• STERLINGNG       N311,106,113