MULTIVERSE, Chams Holdings, Others Among Top Gainers As NGX Equities Lose N6bn

In a twist on the Nigerian Exchange Limited (NGX), trading activities dipped into bearish territory yesterday, causing equities to lose N6 billion.

The All-Share Index declined slightly by 0.02% to 67,206.16 points, marking a quieter day in the market with 5,998 deals compared to 6,272 deals the previous day. However, amidst this downturn, some companies shone brightly.

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Multiverse Mining and Exploration (MULTIVERSE), Chams Holdings (CHAMS), and Caverton Offshore Support Group (CAVERTON) emerged as the top gainers, boasting gains of +9.74%, +9.71%, and +9.35%, respectively.

FTN Cocoa Processors (FTNCOCOA) and Geregu Power (GEREGU) also made the list of the top five gainers with +8.97% and +7.71% gains.

On the flip side, eTranzact International (ETRANZACT) led the losers’ chart with a decline of -10.00%, while Sunu Assurances Nigeria (SUNUASSUR), Deap Capital Management & Trust (DEAPCAP), Eterna (ETERNA), and United Bank for Africa (UBA) were among the top five losers of the day.

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MULTIVERSE, Chams Holdings, Others Among Top Gainers As NGX Equities Lose N6bn

Emmanuel Ochayi

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