Friday, March 14, 2025

Ngx thus increases by 0.1% as the feelings become alcistas

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On Thursday, the upward feelings resurfaced in the domestic stock market, since the profits in international breweries and Nigerian breweries led to a 0.1 percent increase in the reference index, which leads to 106,220,94 basic points.

Consequently, monthly and year yields to date were set at -1.5 percent and +3.2 percent, respectively.

As measured by the amplitude of the market, the feeling of the market was positive, with 34 tickers winning compared to 20 losers.

In the Performance Board, UPDC and International Breweries led the winners, appreciating in the value of the shares by 9.9 percent and 9.6 percent, respectively. Meanwhile, University Press and Academy Press recorded the highest losses of the day, decreasing in the value of the shares by 10.0 percent and 9.7 percent, respectively.

Also read: 2027: Our party is not available for transactions – LP

By sector, the indices of consumer goods, insurance and oil and gas earned 0.6 percent and 0.1 percent, respectively, while the banking index decreased by 0.5 percent. The Industrial Assets Index remained stable.

The total negotiation volume in the Nigeria Stock Exchange on Thursday decreased by 77.8 percent to 332.76 million units, valued at N16.51 billion, and was exchanged at 11,059 agreements.

Tantalizer was the most negotiated by volume action, with 29.62 million units, while Geregu Power was the most negotiated action by value at N7.77 billion.

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