NGX Records Positive Sentiment, Investors Gain N26 Billion

The Nigerian Exchange Limited (NGX) saw positive sentiment on Thursday, with investors gaining N26 billion. Market capitalization rose by 0.05%, closing at N55.520 trillion from N55.494 trillion.

The All-Share Index also increased by 0.05% to close at 98,169.30. Year-To-Date (YTD) return rose to 31.29%. Market breadth was negative with 24 declining equities and 16 advancing.

Transcorp Hotel led gainers by 9.75%, followed by Livestock Feed Plc at 9.42%. On the losers’ side, Sterling Nigeria led by 9.69%.

Trade turnover settled lower at 297.20 million shares valued at N6.52 billion, down by 31.95% from the previous session. Zenith Bank led in volume and value with 48.49 million shares worth N1.77 billion.