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Bulls sustain market dominance as UPL lead advancers to gain N33.33 billion in market cap

Chidinma Anyalewechi by Chidinma Anyalewechi
October 7, 2021
in Spotlight, Stock Market
Nigerian Stock Index ranked 3rd best performing index in the world
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At the end of today’s trading session, the Nigerian Exchange market close on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 16 basis points.

The NGX ASI closed at 40,829.15 points, to reflect a gain of 0.16% from the previous trading day and a Year-to-Date (YTD) return of 1.39%. Meanwhile, the market capitalization increased by N33.33 billion.

At the close of market today, Thursday, 7th of October 2021, the stock exchange market value currently stands at N21.28 trillion from N21.24 trillion in the previous trading day.

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The market breadth closed positive as UPL led 24 Gainers, and 20 Losers topped by BOCGAS at the end of today’s session.

The stock market has advanced 558.43 basepoints since the start of the year.

NGX ASI Top gainers

  • UPL up +9.92% to close at N1.44
  • PRESCO up +5.92% to close at N85.00
  • CHAMS +4.76% to close at N0.22
  • UNIVINSURE up +4.76% to close at N0.22
  • UPDC up +3.65% to close at N1.99

NGX ASI Top losers

  • BOCGAS down –9.87% to close at N10.50
  • CAVERTON down –9.71% to close at N1.58
  • MANSARD down –5.22% to close at N2.36
  • COURTVILLE down –4.88% to close at N0.39
  • SOVRENINS down –4.35% to close at N0.22

NGX ASI Top Traded by Volume  

  • FBNH – 132,011,908 units
  • FIDELITY – 20,589,367 units
  • WEMABANK – 15,177,091 units
  • ETI – 15,027,557 units
  • TRANSCORP – 13,765,034 units

NGX ASI Top Traded by Value

  • FBNH –  N1,334,126,567.15
  • ZENITHBANK – N281,430,999.60
  • GTCO –  N202,265,136.75
  • ACCESS – N109,372,003.05
  • UBA – N103,079,442.30

Market sentiments trend towards the bulls with the market differential being in favour of the advancers as 24 gainers surpass 20 losers.

Tags: BOCGASNGXNGX ASINigerian Exchange marketUPL
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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