Investors in the Nigerian stock exchanged gained N107 billion as the ASI appreciated by 0.35% on Wednesday

Investors in the Nigerian stock exchanged gained N107 billion today as the NGX All-Share Index appreciated by 0.35% to close at 55,801.14 points. As a result, the year-to-date (YTD) increased to 8.88% and the market capitalization increased by 107.43 billion dollars to close at 30.40 trillion.

Trade turnover also appreciated higher as 3,293 transactions totaling 152.74 million shares worth N3.57 billion were completed. The stock market has advanced by 4,205.48 basis points since the start of the year.  

Selloffs in WAPCO (-1.49%) and FBNH (-0.89%) were partially offset by rising investor interest in DANGCEM (+1.79%) and MTNN (+0.60%). With 15.00 million units exchanged, UBA (-1.75%) led the volume chart, while DANGCEM (+1.79%) led the value chart with transactions totaling 2.09 billion.

Advancers outnumbered decliners for a 1.07-to-1 market breadth ratio at the close. On the leader’s table, CUTIX (+8.50%) outperformed fourteen (14) other competitors, while CHAMS (-7.41%) outperformed thirteen (13) other competitors.