NGX closes positive as investors gain N518 billion

Today’s transactions on the Nigerian Exchange (NGX) trading floor resulted in an upsurge in market capitalization of N518 billion.

The All Share Index (ASI) increased by 1.89%, closing at 51,251.06 points. Likewise, market breadth ended on a positive note, with CAVERTON leading among 21 gainers and ROYALEX heading the list of 17 losers at the conclusion of today’s trading.

The stock market was assessed at N27.9 trillion as of Friday’s closing. This year, the stock market has witnessed an increase of 8,534.62 basis points, or 19.9%.

Market Indices

• NGX ASI: 51,251.06 points
• Previous ASI: 50,300 points
• Percentage Day Change: 1.89%
• % Y-t-D: 19.9%

• Market Cap: N 27.915 trillion
• Volume: 890.6 million
• Value: N7.35 billion
• Deals: 3,566

NGX Top ASI Gainers

• CAVERTON increased + 10.00% to settle at N0.99
• PRESCO surged + 10.00% to finish at N137.50
• AIRTELAFRI ascended + 9.78% to end at N1635.00
• CWG climbed + 9.78% to close at N1.01
• MORISON grew + 9.60% to conclude at N2.17

NGX Top ASI Losers

• ROYALEX declined – 9.40% to settle at N1.06
• FIDSON fell – 8.16% to conclude at N9.00
• UACN dipped – 7.66% to end at N10.25
• MBENEFIT reduced – 6.90% to settle at N0.27
• ETI decreased – 6.19% to finish at N10.60

Top 3 by Volume

• SOVRENINS – 523,925,840
• ACCESSCORP – 176,540,901
• STERLNBANK – 39,832,624

Top 3 by Value

• PRESCO – N1,611,074,853
• ACCESSCORP – N1,518,282,976
• GEREGU – N1,491,760,452