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NGX closes negative as investors lose N20 billion

16Mar

By Emeka OkaforNo Comments

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NGX closes negative as investors lose N20 billion

The bears regained authority, leading the extensive market to retract by 35.72 basis points, and the Nigerian Exchange (NGX) concluded with a deficit of N20 billion. The All Share Index (ASI) fell 0.08% to conclude at 44,011.22 points. The market capitalization diminished by N20 billion in a similar manner. The stock exchange market worth stands at N23.9 trillion as of the close of operations on Thursday, November 17, 2022. Market breadth, in contrast, finished the trading session in the negative, with GUINNESS heading 21 decliners and UNILEVER leading 13 ascenders. From the start of the year, the stock market has escalated by 1,294.78 basis points, equivalent to 3.03 percent. Market Indices NGX ASI: 44,011.22 points Prior ASI: 44,046.94 points % Day alt...

Investors gain N262 billion as NGX closes on bullish note

The Nigerian Exchange Limited (NGX) concluded with a gain of N262 billion as the bulls reclaimed command and propelled the overall market upward by 481.51 basis points. At its closing figure of 44,492.73 points, the All Share Index (ASI) had improved by 1.09%. The market capitalization similarly rose by N262 billion. The BGX market valuation was N24.2 trillion as of Friday, November 18, 2022, when trading wrapped up. By the end of today’s trading, FIDSON topped 11 decliners while NB led 20 risers in the market’s favorable closing spectrum. The stock market has improved by 1,776.29 basis points, which translates to 4.15%, since the year's onset. Market Indices NGX ASI: 44,492.73 points Prior ASI: 44,011.22 points % Daily Change: 1.09% % Year-to-Date: 4.15% ...

Investors gain as equity market sustains positive sentiment

Bulls maintained dominance over the local market as trading on the floor of the Nigerian Exchange (NGX) concluded the day with an increase of N145 billion in market capitalization. The All Share Index (ASI), which finished at 44,929.33 points, rose by 0.59%. Similarly, the market capitalization grew by N145 billion. The stock exchange market worth is N24.4 trillion as of the end of trading on Tuesday, November 22, 2022. Market breadth concluded the day in the positive spectrum, with UPDCREIT spearheading 27 gainers and RTBRISCOE at the forefront of 8 losers. The stock market has ascended by 2212.89 basis points, or 5.18%, since the start of the year. Market indicators NGX ASI: 44,929.33 points Prior ASI: 44,662.96 points % Daily Change: 0.59% % Year-to-Dat...