NGX closes positive with market capitalisation up N73bn
The Nigerian Exchange (NGX) concluded in the positive despite sell-offs and purchasing interests as bulls seized command of the situation and elevated the overall market by 52 basis points.
The All-share Index (ASI), which finalized at 48,988.04 points, rose by 0.28%.
In a similar fashion, market capitalization climbed by N73.26 billion to finish at N26.682 trillion, and YTD returns stood at 14.7%. Since the onset of the year, the stock market has surged by 6,271.60 base points.
By the conclusion of the trading session, the SWOOTs capitalization improved, with BUACEMENT leading the shift.
At the close of today’s session, GTCO led 12 decliners while REDSTAR topped the list of 16 gainers in the market breadth.
By sector, two of the five principal indices of the Nigerian Exchange concluded in the negative, with the NGX Insurance, NGX Consumer Goods, and NGX Oil and Gas indices diminishing by 0.85%, 0.53%, and 0.15%, respectively, whereas the NGX Banking and Industrial indices increased by 0.07% and 1.46%, respectively.
