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Home Markets Equities Stock Market

Dangote Cement on top gainers list as NGX market capitalization gains N382.06 billion

Chidinma Anyalewechi by Chidinma Anyalewechi
September 29, 2021
in Stock Market
Nigerian banking stocks
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At the end of today’s trading session, the Nigerian Exchange market closed positive amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 189 basis points, while the market capitalization increased by N382.06 billion. The NGX ASI closed at 39,592.29 points, to reflect a gain of 1.89% from the previous trading day.

At the close of market today, Wednesday, 29th September 2021, the stock exchange market value currently stands at N20.63 trillion from N20.25 trillion in the previous trading day. Its Year-to-Date (YTD) return, however, is currently settled at –1.68%.

The market breadth closed positive as NNFM led 24 Gainers, and 14 Losers topped by JBERGER at the end of today’s session.

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The stock market has declined –678.43 basepoints since the start of the year.

NGX ASI Top gainers

  • NNFM up +6.88% to close at N8.55
  • FBNH up +6.62% to close at N8.05
  • DANGCEM up +6.53% to close at N261.00
  • NESTLE up +6.36% to close at N1,489.00
  • COURTVILLE up +6.06% to close at N0.35

NGX ASI Top losers

  • JBERGER down –10.00% to close at N24.30
  • MANSARD down –10.00% to close at N2.43
  • VANLEER down –9.92% to close at N5.45
  • SOVRENINS down –8.33% to close at N0.22
  • CHIPLC down –7.02% to close at N0.53

NGX ASI Top Traded by Volume

  • FBNH – 264,689,522 units
  • UNIVINSURE – 76,665,712 units
  • MANSARD – 13,075,906 units
  • ZENITHBANK – 12,114,820 units
  • FIDELITY – 11,228,840 units

NGX ASI Top Traded by Value

  • FBNH –                       N2,050,852,910.15
  • NESTLE –                   N412,791,204.50
  • DANGCEM –                  N307,337,742.70
  • ZENITHBANK –   N283,268,707.05
  • GTCO –                       N207,242,740.05

Market sentiments trend towards the bulls with the market differential being in favour of the advancers as 24 gainers surpass 14 losers.

Tags: JBERGERNGXNigerian Exchange marketNNFM
Chidinma Anyalewechi

Chidinma Anyalewechi

For further inquiries about this article, contact: Email: chidinma.anyalewechi@nairametrics.com LinkedIn: linkedin.com/in/chidinma-anyalewechi-a323ab173/

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