Infostride News reported a subdued trading day at the NGX, with the market exhibiting low volume trading that led to a flat closure. Despite the overall market closing slightly positive, the All-Share Index gained a modest 0.02% to reach 71,025.16 points. The market capitalization saw a marginal increase of N7.8 billion, closing at N39.062 trillion. However, the market breadth was negative, with 22 stocks closing in the positive and 31 in the negative.
Compared to the previous day, there was a slight uptick in the number of deals, reaching 6,545 from the previous day’s 6,172. The trading volume experienced a substantial increase of 62.7%, totaling 483.848 million units, compared to yesterday’s 297.354 million units. In contrast, the trading value witnessed a decline, settling at N4.38 billion, down from the previous day’s N6.16 billion.
Market Indices Overview

**NGX All-Share Index:** 71,025.16 points
**% Day Change:** +0.02%
**Day’s Lowest:** 71,011.23 points
**Day’s Highest:** 71,080.30 points
**% YTD:** +38.58%
**Market Cap:** N39.062 trillion
**Volume Traded:** 483.848 million
**Value:** N4.38 billion
**Deals:** 6,545
Top Gainers
– **NSLTECH:** +10.00% to close at N0.33
– **DEAPCAP:** +10.00% to close at N0.44
– **CILEASING:** +9.95% to close at N4.53
– **NNFM:** +9.85% to close at N21.75
– **SCOA:** +9.82% to close at N1.23
Top Losers
– **ABCTRANS:** -10.00% to close at N0.90
– **ETRANZACT:** -9.93% to close at N6.80
– **TIP:** -9.80% to close at N1.02
– **THOMASWY:** -8.95% to close N3.46
– **GUINEAINS:** -8.33% to close at N0.22
Top Traded Stocks
– **REGALINS (-2.78%):** Topped the chart in terms of volume with 104.34 million units.
– **OANDO (+1.30%):** Followed with 55.28 million units.
– **UNIVINSURE (-4.00%):** Traded 53.4 million units.
– **JAPAULGOLD (-1.58%):** Recorded 24.95 million units.
– **UBA (-0.48%):** Closed with 21.49 million units.
In terms of value, **OANDO (+1.30%)** led the chart with N676.6 million, followed by **GTCO (+0.14%)** with N670.4 million, **UBA (-0.48%)** with N445.4 million, **GEREGU (0.00)** with N371.7 million, and **ZENITHBANK (-0.74%)** with N350.3 million units.
SWOOTs and FUGAZ Update
Trading for heavy stocks was generally flat, with only **GTCO (+0.14%)** and **ZENITHBANK (-0.74%)** recording price changes. Notably, BUACEMENT, BUAFOODS, DANGCEM, SEPLAT, and AIRTELAFRI remained stable without any price changes.
Tier-1 banks also experienced mostly flat trading, with **FBNH** and **ACCESSCORP** recording no price changes. **ZENITHBANK (-0.74%)** and **UBA (-0.48%)** witnessed price declines, while **GTCO (+0.14%)** saw a modest price appreciation.
In summary, the day’s trading activity, as reported by Infostride News, reflected a cautious market sentiment, with slight positive movements in key indices and selective gains among individual stocks. The overall market performance suggested a delicate balance between positive and negative forces, requiring investors to closely monitor developments for strategic decision-making.
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