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NGX Closes Positive With N117 Billion Increase In Market Cap

NGX Closes Positive With N117 Billion Increase In Market Cap

NGX Closes Positive With N117 Billion Increase In Market Cap

NGX Closes Positive With N117 Billion Increase In Market Cap

The Nigerian Bourse (NGX) closed in the green despite sell-offs and buy-interests as bulls took control of the situation and raised the overall market by 45 basis points. The All-share Index (ASI), which closed at 47,565.92 points, increased by 0.45%.

ALSO, READ FUGAZ Investors Lose A Total Of N88 Billion Over The Week

The Market Capitalization increased by N117 billion to reach N25.91 trillion at the closing, while the Year-to-Date (YtD) returns were 11.35%. Since the year’s commencement, the stock market has increased by 4,849.48 base points.

The SWNGX Closes Positive With N117 Billion Increase In Market Cap

Market breadth closed negative as MAY BAKER led 12 gainers, and 15 Losers topped by UPL at the end of today’s session. 

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ALSO, READ AM Best Revises Outlooks For Core Specialty’s Subsidiaries To Positive

On a sectoral level, 2 of the 5 major indices of the Nigerian Exchange closed negative with NGX Oil & Gas and Consumer goods indices down 2.41% and 0.10% respectively while NGX banking, Insurance, and industrial indices grew by 0.65%, 0.24%, and 3.18%. 

Market Indices  

NGX ASI: 47,565.92 points  

Previous ASI: 47,351.43 points  

% Day Change: 0.45%  

% Y-t-D: 11.35% 

Market Cap (N): 25.91 Trillion  

Volume: 125,652,029 

Value (N): 1.90 billion  

Deals: 4,188 

NGX Closes Positive With N117 Billion Increase In Market Cap

NGX Top ASI Gainers    

MAYBAKER up +9.76% to close at N4.05 

IKEJAHOTEL up +9.73% to close at N1.24 

BUACEMENT up + 8.65% to close at N56.50 

CORNERST up +8.00% to close at N0.54 

UNITYBNK up +7.32% to close at N0.44 

NGX Top ASI Losers   

UPL down – 8.54% to close at N1.50 

CADBURY down – 6.94% to close at N11.40 

FTNCOCOA down – 6.67% to close at N0.28 

CAVERTON down – 9.94% to close at N0.95 

CUTIX down – 4.63% to close at N2.06 

ALSO, READ 2023 Budget: FG To Spend Sum Of N500.4M On Acquisition Of NigComSat-2

Top 3 By Volume   

GTCO – 38,865494 

FBNH – 22,826,861 

TRANSCORP – 9,608,445 

Top 3 By Value  

GTCO– N659,095,300.75 

SEPLAT – N308,413,875.00 

FBNH – N216,871,616.75 


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