Investors net worth further increases by N899bn – NGX

NGX

Investors net worth on the Nigerian Exchange Ltd. (NGX) further appreciated by N899 billion or 2.11 per cent to end trading for the week.

Specifically, market capitalisation closed at N43.593 trillion as against N42.694 trillion recorded on Thursday.

Also, the All-Share Index (ASI) also earned 2.11 per cent or 1,644 points to settle at 79,664.66, as against 78,020.54 recorded at the previous session.

Consequently, the Year-To-Date (YTD) return rose by 6.54 per cent, as investors traded 892.68 million shares valued at N14.33 billion in 13,019 deals.

The market breath was positive as a result investors buying interest in the shares Dangote Cement, MTN Nigeria, Zenith Bank.

Meanwhile, on the activity chart, Fidelity Bank led in volume with an exchange of 92.668 million shares valued at N1.31 billion.

It was followed by Transcorp with 75.430 million shares of deals worth N954.95 million.

Sterling Bank exchanged 71.553 million shares valued at N399.96 million, while FCMB traded 56.850 million shares valued at N541.82 million.

Also, UBA exchanged 45.983 million shares valued at N131.72 million.

On the gainer’s chart, Nigerian Aviation Handling Company Plc (NAHCO) and UPDC Real Estate Investment Trust (UPDCREIT) led in percentage terms of 10 each to close at N28.60 and N1.65 per share, respectively.

Transcorp and Wema Bank also gained 9.99 per cent each to close at N12.66 and N7.38 per share respectively, while Transcorp Hotel made a profit of of 9.92 per cent to close at N84.85 per share.