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Home Markets Equities Stock Market

GTCO, FBNH lead gainers by value taking market capitalization to N22.10 trillion

Chidinma Anyalewechi by Chidinma Anyalewechi
December 15, 2021
in Stock Market
Nigerian banking stocks
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The NGX, closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 9 basis points.

GTCO and FBNH led gainers by value, trading over N800 million combined and closing at N25.60 and N12.10, respectively.

The NGX ASI closed at 42,357.36 points, to reflect a growth of 0.09% from the previous trading day and a Year-to-Date (YTD) return of 5.18%. Meanwhile, the market capitalization increased by N20.79 billion.

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At the close of the market on Wednesday 15th of December 2021, the stock exchange market value currently stands at N22.10 trillion from N22.08 trillion in the previous trading day.

The market breadth closed positive as REDSTAREX led 19 gainers, and 13 Losers topped by ETRANZACT at the end of today’s session.

The stock market has advanced 2,086.64 base points since the start of the year.

NGX ASI Top gainers

REDSTAREX up +7.94% to close at N3.40
MEYER up +7.69% to close at N0.42
JAPAUL up +5.41% to close at N0.39
UPDC up +4.35% to close at N1.20
AFRIPRUD up +4.10% to close at N6.35

NGX ASI Top losers

ETRANZACT down – 9.57% to close at N1.89
ROYALEX down – 4.76% to close at N0.60
CUTIX down – 4.21% to close at N2.50
INTBREW down – 4.08% to close at N4.70
UNITYBANK down – 2.13% to close at N0.46

NGX ASI Top Traded by Volume

INTBREW – 51,794,278 units
FBNH – 32,532,002 units
GTCO – 17,993,013 units
UNILEVER – 10,006,177 units
MBENEFIT – 9,476,024 units

NGX ASI Top Traded by Value

GTCO – N457,215,646.25
MTNN – N404,984,992.30
FBNH – N392,190,726.90
NB – N336,444,800.75
INTBREW – N253,341,772.00

Market sentiments trend towards the bulls with the market differential being in favour of the advancers as 19 gainers surpassed 13 losers.

Tags: FBNHGTCONGX ASIstock market
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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