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First Bank shares take the lead as the Nigerian Exchange grows by N25.29 billion

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Before the closing bell which signifies the end of trading for the day, First Bank Nig Holding Plc traded a total of 108.74 million shares worth N1.07 billion, making the tier-1 bank the highest traded company in volume at the end of the trading session. The bank’s share price appreciated by 7.78% from N9.20 to N9.70.

Holistically, however, the Nigerian Exchange market closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 12 basis points.

The NGX ASI closed at 40,765.20 points to reflect a gain of 0.12% from the previous trading day and a Year-to-Date (YTD) return of 1.23%. Meanwhile, the market capitalization increased by N25.29 billion.

At the close of the market today, Wednesday, 6th October 2021, the stock exchange market value currently stands at N21.24 trillion from N21.22 trillion in the previous trading day.

The market breadth closed negative as FBNH led 19 Gainers, and 20 Losers topped by PHARMDEKO at the end of today’s session.

The stock market has advanced 494.48 basepoints since the start of the year.

NGX ASI top gainers

FBNH up +7.78% to close at N9.70

UPL up +7.38% to close at N1.31

NNFM +6.49% to close at N8.20

LIVESTOCK up +5.38% to close at N2.35

UNIVINSURE up +5.00% to close at N0.21

NGX ASI top losers

PHARMDEKO down – 6.01% to close at N2.66

ABCTRANS down – 5.71% to close at N0.33

REGALINS down – 4.88% to close at N0.39

CHAMS down – 4.55% to close at N0.21

SOVRENINS down – 4.17% to close at N0.23

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NGX ASI top traded by volume

FBNH – 108,741,273 units

TRANSCORP – 39,676,468 units

ETI – 32,783,162 units

UBA – 25,269,034 units

FIDELITY – 19,897,564 units

NGX ASI top traded by value

FBNH – N1,072,504,475.95

GTCO – N334,960,164.95

WAPCO – N296,938,800.95

ZENITHBANK – N280,874,696.35

UBA – N204,443,364.40

Market sentiments trend towards the bulls despite the market differential being in favour of the decliners as 20 losers surpass 19 gainers.

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Akinola
Akinola
Akinola Olusegun is a blogger and publisher of this blog, money247.com.ng. You can also check out his other blogs : segtv.com.ng (videos & news), letgoonline.com.ng (e-commerce), letgoonline.com.ng/blog (news) among others. Follow him via any or all of his social media pages to get fresh posts update.
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