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ROYALEX and CHIPLC plunge amid rise in NGX ASI

NGX closes positive with market capitalisation up by N533 billion

Nigeria’s stock exchange market posted profit at the end of yesterday’s trading session. The All-Share Index increased by +0.47% to close at 38,437.88 from 38,256.95.

Nigeria’s stock exchange market value currently stands at N20.04 Trillion. Its Year-to-Date (YTD) returns currently stand at -4.55%.

The market breadth closed positive as MRS led 16 Gainers, and ROYALEX led 24 Losers at the end of the session, showing a movement trending to the bears.

Top gainers

Top losers

Outlook

Market sentiments trend bullish as 24 losers were surpassed by 16 gainers.

Nairametrics advises cautious buying in this era of growing uncertainties.

 

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