The Nigerian Exchange closed in positive territory on September 8 as the All-Share Index (ASI) climbed by 414.7 points to settle at 139,394.8, representing a 0.30 percent gain from Friday’s close of 138,980.1.
Despite the upbeat performance, market activity slowed. Trading volume dipped to 947.8 million shares from 1.8 billion recorded in the previous session. However, market capitalization followed the bullish trend, rising to N88.1 trillion across 36,036 deals, compared to N87.9 trillion previously.
On the gainers’ chart, University Press (UPL) and PZ Cussons Nigeria (PZ) led with 10 percent gains each, hitting their daily limits.
In contrast, Nigerian Enamelware (ENAMELWA), Industrial and Medical Gases Plc (IMG), Union Dicon Salt Plc (UNIONDICON), and Thomas Wyatt Nigeria Plc (THOMASWY) all shed 10 percent apiece, topping the losers’ table.