NGX closes negative with market cap down N2 billion

The Nigerian Exchange Limited (NGX) concluded today’s trading session with a market capitalization drop of N2 billion as bears resumed dominance over the local stock exchange.

The All Share Index (ASI), which ended at 47,656.64 points, fell by 0.01%. The market capitalization also saw a decrease of N2 billion.

The stock market was valued at N25.9 trillion as of Thursday’s market closure. Since the year’s start, the market has risen by 4904.2 basis points (11.56%).

At the end of today’s session, market breadth was favorable, with UPDCREIT leading 13 gainers and HONYFLOUR topping the list of 11 decliners.

Market Indices 

NGX ASI: 47,656.64 points 

Previous ASI: 47,660.04 points 

Percentage Day Change: 0.01% 

% Y-t-D: 11.56% 

Market Cap: N 25,957 trillion 

Volume: 172.8 million 

Value: N2.84 billion 

Deals: 3,073 

NGX Top ASI Gainers 

UPDCREIT increased +9.09% to finish at N3.00 

MCNICHOLS rose +8.93% to close at N0.61 

JAPAULGOLD gained +7.41% to close at N0.29 

NB boosted +7.14% to settle at N45.00 

ROYALEX ascended +4.76% to wrap up at N0.66 

NGX Top ASI Decliners 

HONYFLOUR decreased –7.89% to finish at N2.10 

RTBRISCOE fell –7.41% to close at N0.25 

WEMABANK declined –5.45% to settle at N3.12 

FCMB dropped –4.18% to finish at N3.21 

CUTIX slipped –2.84% to conclude at N2.05 

Top 3 by Volume 

FCMB– 49,801,524 

COURTVILLE – 16,864,550 

ACCESSCORP – 11,962,498 

Top 3 by Value 

MTNN- N891,982,061 

AIRTELAFRI– N660,547,865. 

ZENITHBANK- N221,417,191