NGX closes positive with market cap up N710 billion
The bulls maintained dominance over the local stock market as trading on the floor of the Nigerian Exchange Limited (NGX) concluded the day's session with an increase of N710 billion in market capitalization.
The All Share Index (ASI), which settled at 46,232.37 points, rose by 2.90%. The market capitalization similarly surged by N710 billion.
The stock exchange's market value stands at N25.2 trillion as of Wednesday, November 23, 2022, when trading wrapped up. By the end of today’s session, SCOA topped 11 decliners while NSLTECH led 28 advancers concerning market breadth.
The stock market has risen by 3515.93 basis points, or 8.23%, since the onset of the year.
Market Indices
NGX ASI: 46,232.37 points
Previous ASI: 44,929.33 points
% Day Change: 2.90%
% Y-t-D: 8...