NGX starts week on a negative as investors lose

As bears reclaimed dominance over the local market, the Nigerian Exchange Limited (NGX) concluded today’s trading session with a market capitalization decline of N64 billion.

The All Share Index (ASI), which finalized at 47,436.45 points, dropped by 0.24%. The market capitalization fell by N64 billion in a similar fashion.

The stock market’s value stood at N25.8 trillion as of Monday’s closing. The stock market has surged by 4720.01 basis points, equating to 11.04%, since the start of the year.

In the meantime, market breadth concluded today’s session negatively, with PRESTIGE heading the list of 15 gainers and BETAGLAS at the forefront of 17 losers.

Market Indices 

NGX ASI: 47,436.45 points 

Previous ASI: 47,554.34 points 

Percentage Day Change: 0.24% 

% Y-t-D: 11.04% 

Market Cap: N25,837 trillion 

Volume: 279.2 million 

Value: N1.56 billion 

Deals: 3,781 

NGX Top ASI Gainers 

PRESTIGE up +9.30% to finish at N0.47 

NEM up +9.22% to close at N4.50 

COURTVILLE up +8.70% to conclude at N0.50 

THOMASWY up +8.33% to end at N0.39 

UNITYBNK up +7.55% to wrap up at N0.57 

NGX Top ASI Losers 

BETAGLAS down –9.90% to finalize at N39.60 

MCNICHOLS down –9.68% to close at N0.56 

SCOA down –9.40% to finish at N1.06 

JAIZBANK down –6.82% to end at N0.82 

WAPIC down –5.71% to conclude at N0.33 

Top 3 by Volume 

REGALINS– 97,634,733 

JAIZBANK – 65,420,541 

UBA – 22,925,697 

Top 3 by Value 

BUACEMENT – N268,667,857 

UBA – N167,354,492 

NESTLE– N159,174,813