NGX closes positive with market cap of N184 billion
As bulls regained dominance in the local stock market, the Nigerian Exchange Limited (NGX) concluded today’s trading session with a market capitalization increase of N184 billion.
The All Share Index (ASI), which wrapped up at 47,322.97 points, rose by 0.23%. In a similar fashion, the market capitalization climbed by N184 billion.
The total value of the stock market was N25.9 trillion at Wednesday’s market closure. The stock market has risen by 4943.6 basis points, or 11.57%, since the start of the year.
At the termination of today’s session, ROYALEX dominated 9 decliners, while WEMABANK led 21 advancers, resulting in a favorable market breadth.
WEMABANK up +10.00% to settle at N3.30 UACN up +9.95% to settle at N10.50 ACADEMY up +9.45% to settle at N1.39 UCAP up +8.10% to settle at N13.35 ABCTRANS up +8.00% to settle at N0.27
NGX Leading ASI Losers
ROYALEX down –10.00% to settle at N0.63 REDSTAR down –9.25% to settle at N2.06 PRESTIGE down –8.51% to settle at N0.43 NB down –7.08% to settle at N42.00 RTBRISCOE down –6.90% to settle at N0.27
Top 3 by Volume
FBNH – 12,528,964 FIDELITYBK – 10,252,686 ZENITHBANK – 8,039,764 Top 3 by Value ZENITHBANK – N174,545,051 STANBIC – N154,529,890 FBNH – N139,636,860
