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NGX closes negative with market cap down N2 billion

The Nigerian Exchange Limited (NGX) ended today’s trading session with a market capitalization loss of N2 billion as bears retook control of the local stock exchange.

The All Share Index (ASI), which closed at 47,656.64 points, decreased by 0.01%. The market capitalization also declined by N2 billion.

The stock market was worth N25.9 trillion as of Thursday’s market closing. The stock market has increased by 4904.2 basis points (11.56%) since the beginning of the year.

At the close of today’s session, market breadth was positive, with UPDCREIT leading 13 gainers and HONYFLOUR leading 11 losers.

Market Indices 

NGX ASI: 47,656.64 points 

Previous ASI: 47,660.04 points 

Percentage Day Change: 0.01% 

% Y-t-D: 11.56% 

Market Cap: N 25,957 trillion 

Volume: 172.8 million 

Value: N2.84billion 

Deals: 3,073 

NGX Top ASI gainers 

UPDCREIT up +9.09% to close at N3.00 

MCNICHOLS up +8.93% to close at N0.61 

JAPAULGOLD up + 7.41% to close at N0.29 

NB up +7.14 % to close at N45.00 

ROYALEX up +4.76% to close at N0.66 

NGX Top ASI losers 

HONYFLOUR down – 7.89 % to close at N2.10 

RTBRISCOE down – 7.41% to close at N0.25 

WEMABANK down – 5.45 % to close at N3.12 

FCMB down – 4.18% to close at N3.21 

CUTIX down – 2.84% to close at N2.05 

Top 3 by Volume 

FCMB– 49,801,524 

COURTVILLE – 16,864,550 

ACCESSCORP – 11,962,498 

Top 3 by Value 

MTNN- N891,982,061 

AIRTELAFRI– N660,547,865. 

ZENITHBANK- N221,417,191

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