{"id":41825,"date":"2022-09-03T06:49:03","date_gmt":"2022-09-03T06:49:03","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=41825"},"modified":"2022-09-03T06:49:03","modified_gmt":"2022-09-03T06:49:03","slug":"ngx-extends-bullish-run-gains-n85bn","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/09\/03\/ngx-extends-bullish-run-gains-n85bn\/","title":{"rendered":"NGX extends bullish run, gains N85bn"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">The <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/08\/dukia-to-trade-gold-bullion-bars-on-lagos-commodities-exchange\/\">Nigerian Exchange Ltd. (NGX)<\/a>, recorded another positive performance on Friday, with a gain of N84.65 billion in market capitalisation closing at N26.994 trillion from N26.909 trillion on Thursday.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Also, the All-Share Index (ASI) increased by 156.03 points or 0.31 percent to close at 50,045.83 from 49,889.80 recorded on Thursday.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The upturn was due to gains recorded in large and medium capitalised stocks, amongst which are: Zenith Bank, Stanbic Bank, Nigerian Breweries, and MTN Nigeria Communications (MTNN).<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The market closed positive as 21 stocks gained relative to nine losers.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">FCMB Group recorded the highest gain of 9.06 percent to close at N3.49 per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Stanbic Bank followed with 6.45 percent to close at N33, while Etranszact rose by six percent to close at N2.65 per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Transcorp rose by 4.76 percent to close at N1.10, while NPF Microfinance appreciated by 4.52 percent to close at N1.62 per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Courtville Business Solutions gained by 4.17 percent to close at 50k per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">On the other hand, Caverton Offshore Support Group led the losers\u2019 chart by 9.50 percent to close at N1.62 per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Eterna followed with 9.17 percent to close at N5.45, while NCR shed 9.09 percent to close at N3 per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Japaul Gold and Ventures lost 7.50 percent to close at 37k, while Ecobank Transnational Incorporated shed 7.20 percent to close at N11.60 per share.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">However, the total volume traded decreased to 240. 02 million units valued at N2,68 billion and exchanged in 3,435 deals.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">This was in contrast with 229.12 million shares worth N1.75 billion traded in 3,575 deals on Thursday.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Transactions in the shares of Sterling Bank topped the activity chart with 93.7 million shares valued at N136.01 million.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Fidelity Bank followed with 28.77 million shares valued at N97.1 million.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">Fidson Healthcare followed with 13.85 million shares worth N130.38 million, while Guaranty Trust Holding traded 13.04 million shares valued at N258.52 million.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian Exchange Ltd. (NGX), recorded another positive performance on Friday, with a gain of N84.65 billion in market capitalisation closing at N26.994 trillion from N26.909 trillion on Thursday. Also, the All-Share Index (ASI) increased by 156.03 points or 0.31 percent to close at 50,045.83 from 49,889.80 recorded on Thursday. The upturn was due to [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":33769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[19],"tags":[3625],"class_list":["post-41825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nigerian-exchange-ltd-ngx"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NGX extends bullish run, gains N85bn &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/09\/03\/ngx-extends-bullish-run-gains-n85bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NGX extends bullish run, gains N85bn\" \/>\n<meta property=\"og:description\" content=\"The Nigerian Exchange Ltd. (NGX), recorded another positive performance on Friday, with a gain of N84.65 billion in market capitalisation closing at N26.994 trillion from N26.909 trillion on Thursday. Also, the All-Share Index (ASI) increased by 156.03 points or 0.31 percent to close at 50,045.83 from 49,889.80 recorded on Thursday. The upturn was due to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/09\/03\/ngx-extends-bullish-run-gains-n85bn\/\" \/>\n<meta property=\"og:site_name\" content=\"BROAD NEWS \u2014 WITHIN NIGERIA\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-03T06:49:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.withinnigeria.com\/broadnews\/wp-content\/uploads\/sites\/11\/1618306677186_NGX_Group_Identity_RGB.png\" \/>\n\t<meta property=\"og:image:width\" content=\"678\" \/>\n\t<meta property=\"og:image:height\" content=\"381\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Caleb Ijioma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Caleb Ijioma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/09\\\/03\\\/ngx-extends-bullish-run-gains-n85bn\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/09\\\/03\\\/ngx-extends-bullish-run-gains-n85bn\\\/\"},\"author\":{\"name\":\"Caleb Ijioma\",\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/#\\\/schema\\\/person\\\/4292f97d881ddced6dd70acdf5189fe8\"},\"headline\":\"NGX extends bullish run, gains N85bn\",\"datePublished\":\"2022-09-03T06:49:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/09\\\/03\\\/ngx-extends-bullish-run-gains-n85bn\\\/\"},\"wordCount\":298,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/2022\\\/09\\\/03\\\/ngx-extends-bullish-run-gains-n85bn\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.withinnigeria.com\\\/broadnews\\\/wp-content\\\/uploads\\\/sites\\\/11\\\/1618306677186_NGX_Group_Identity_RGB.png\",\"keywords\":[\"Nigerian Exchange Ltd. 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