NGX moves 180.30m shares worth N1.72bn



The Nigerian Exchange (NGX) Ltd on Friday moved 180.30 million shares worth N1.72 billion traded in 3,158 deals in cautious trading.

The turnover represented a decrease of 31.22 per cent when compared with 262.14 million shares valued at N1.99 billion recorded in 3,955 deals on Thursday.

An analysis of the activity chart shows that Transacorp was the most active stock, exchanging 20.53 million shares worth N18.69 million.

Access Bank trailed with 18.53 million shares valued at N170.48 million, while Unity Bank sold 15.29 million shares worth N7.88 million.

Mutual Benefits Assurance traded 11.81 million shares valued at N3.35 million, while FBN Holdings exchanged 11.77 million shares worth N88.04 million.

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However, the NGX All-Share Index recorded marginal gain, appreciating by 8.82 points or 0.02 per cent to 39,261.01 from 39,252.19 posted on Thursday.

Similarly, the market…

Source: Vanguard Newspaper