The Nigerian Exchange (NGX) closed positive keeping the bullish trend going for the first three trading days of the week, with the All-Share Index (ASI) crawling up by 0.05% to close at 98,944.42.
Market capitalization increased by N29 billion to reach N59.95 trillion, up from N59.92 trillion, even as both trading volume and value dropped sharply, nearly pulling the market toward a negative close.
In the face of the gain recorded in ASI and market capitalization, value trading activity tanked by 66.63% in trade value.
The value of trade recorded a N8.29 billion drop from N24.84 billion, while trading volume fell to 283.7 million shares from 581 million shares.
EUNISELL, OANDO, and UNILEVER led the gainers, each rising by 10.00%, followed by REGALINS with a 9.62% gain and OMATEK with an 8.06% gain.
For the stocks that nosedived, ARADEL and NNFM topped the list with a 9.99% decline each, alongside CONHALLPLC, down 6.12%, UPDC, which fell 5.81%, and ELLAHLAKES, down 4.31%.
