NGX closes on positive note with market cap up N133bn

Bulls regained dominance of the local securities market, with trading on the floor of the Nigerian Exchange (NGX) concluding with a market capitalization increase of N133 billion.

The All Share Index (ASI), which finished at 49,233.02 points, rose by 0.50%. At the conclusion of today’s session, market breadth was favorable, with CAP at the forefront of 20 gainers and MCNICHOLS at the head of 8 decliners.

The worth of the equity market stood at N26.8 trillion as of Thursday’s market closure. Since the beginning of the year, the stock market has progressed by 6516.6 basis points or 15.25%.

Market Indices

• NGX ASI: 49,233.02 points
• Prior ASI: 48,988.04 points
• Percentage Daily Change: 0.50%
• % Year-to-Date: 15.25%
• Market Capitalization: N 26.815 trillion
• Volume: 222.8 million
• Value: N2.12 billion
• Transactions: 2,756

NGX Top ASI Gainers

• CAP increased + 9.88% to close at N17.80
• ARDOVA increased + 9.51% to finish at N16.70
• CORNERST increased + 8.33% to conclude at N0.52
• THOMASWY increased + 8.33% to conclude at N0.52
• LEARNAFRCA increased + 8.12% to finish at N2.13 

NGX Top ASI Losers

• MCNICHOLS decreased – 10.00% to finish at N0.54
• GEREGU decreased – 8.11% to finish at N102.00
• CHAMS dropped – 4.35% to finish at N0.22
• GTCO decreased – 1.91% to conclude at N20.50
• UCAP declined – 1.46% to finish at N13.50

Top 3 by Volume

• STERLNBANK – 153,280,865
• GTCO– 10,466,253
• ZENITHBANK – 8,691,290

Top 3 by Value

• AIRTELAFRI- N744,337,950
• MTNN– N286,777,679
• GTCO – N216,962,546