Monday,
Dec. 11th, saw Nigerian stocks climb N70 billion in market capitalisation,
reaching a total value of N39.2 trillion. This represents an increase from the
N39.1 trillion recorded the previous Friday.
The
NGX All-Shares Index (NGX ASI) and NGX Premium Index both experienced gains,
rising +0.18% and +0.19%, respectively. However, the NGX Growth Board Index
bucked the trend, declining by -5.51% as investors continued to take
profit.
Key
Takeaways:
- NGX
All-Shares Index Drivers:
The positive performance of large-cap stocks, known as "Stocks Worth
Over One Trillion" (SWOOTs), was the primary driver of the NGX ASI's
gain. MTNN gained +0.59%, ZENITHBANK +1.43%, GTCO +0.38%, and BUACEMENT +0.52%.
- Volume Giants: In terms of traded volume, Verita
Kapital Assurance (VERITASKAP) emerged at the top with 88.84
million units, experiencing a +2.86% increase
for the day. Universal Insurance Plc. (UNIVINSURE) followed
closely with 44.39 million units traded and a +3.57% gain.
Major
Indices
|
Index |
Last
Close |
1-Day
Change |
|
NGX
All Shares Index |
71,669.91 |
+0.18% |
|
NGX
Growth Board Index |
6,270.87 |
-5.51% |
|
NGX
Premium Board Index |
6,859.25 |
+0.19% |
|
NGX
Oil and Gas |
1,041.14 |
+0.00% |
|
NGX
Banking |
815.31 |
+1.59% |
Top Gainers
|
Company |
Ticker |
Last
Close |
1-Day
Change |
|
SFS
Real Estate Investment Trust |
SFSREIT |
₦101.35 |
+9.98% |
|
Ecobank
Transnational Inc. |
ETI |
₦22.80 |
+9.88% |
|
Golden
Guinea Brew Plc. |
GOLDBREW |
₦3.15 |
+9.84% |
