NGX closes on positive with market cap N53 billion



Bulls once more dominated trading on the local exchange as the Nigerian Exchange Limited (NGX) concluded the day’s trading session with a market capitalization increase of N53 billion.

The All Share Index (ASI), which wrapped up at 48.366.69 points, rose by 0.19%. Similarly, the market capitalization saw a boost of N53 billion.

The stock market’s valuation stood at N26.3 trillion at the close of Tuesday’s trading. Since the beginning of the year, the market has climbed by 5650.3 basis points, or 13.22%.

The market breadth finished the day positively, with HONYFLOUR heading 16 gainers and UPDC at the forefront of 13 decliners.

Market Indices

  • NGX ASI: 48.366.69 points
  • Prior ASI: 48.270.23 points
  • Percentage Daily Change: 0.19%
  • % Y-t-D: 13.22%
  • Market Capitalization: N 26,344 trillion
  • Trading Volume: 184.65 million
  • Value: N3.57 billion
  • Transactions: 3,189

NGX Top ASI Gainers

  • HONYFLOUR up +8.06% to finish at N2.28
  • CHAMPION up +7.14% to finish at N3.75
  • ETI up +4.98% to finish at N10.55
  • LASACO up +4.71% to finish at N0.89
  • RTBRISCOE up +4.00% to finish at N0.26

NGX Top ASI Losers

  • UPDC down – 7.07% to end at N0.92
  • WEMABANK down – 6.12% to end at N3.22
  • FTNCOCOA down – 3.33% to end at N0.29
  • WAPIC down – 2.63% to end at N0.37
  • OANDO down – 2.50% to end at N3.90

Top 3 by Volume

  • FBNH – 66,107,774
  • TRANSCORP – 36,614,367
  • GEREGU – 17,473,621

Top 3 by Value

  • GEREGU – N1,754,209,202
  • FBNH – N727,028,734
  • MTNN – N170,437,289