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Equity investors sustain positive rally as the NGX grows by N70.69 billion

The NGX has continued to sustain the positive rally amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 30 basis points. The NGX ASI closed at 43,607.94 points, to reflect a growth of 0.30% from the previous trading day and a Year-to-Date (YTD) return of 2.09%. Meanwhile, the market capitalization increased by […]

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The NGX has continued to sustain the positive rally amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 30 basis points.

The NGX ASI closed at 43,607.94 points, to reflect a growth of 0.30% from the previous trading day and a Year-to-Date (YTD) return of 2.09%. Meanwhile, the market capitalization increased by N70.69 billion.

At the close of market on Thursday 6th January 2022, the stock exchange market value currently stands at N23.50 trillion from N23.43 trillion in the previous trading day. The market breadth closed positive as BUAFOODS led 24 gainers, and 13 losers topped by SUNUASS at the end of today’s session. The stock market has advanced 891.50 base points since the start of the year.

NGX ASI Top gainers

  • BUAFOODS up +10.00% to close at N48.40
  • ACADEMY up +9.09% to close at N0.60
  • MEYER up +8.70% to close at N0.50
  • REGALINS up +6.67% to close at N0.48
  • LIVESTOCK up +6.22% to close at N2.05

NGX ASI Top losers

  • SUNUASS down –9.76% to close at N0.37
  • NEM down – 7.78% to close at N4.15
  • FTNCOCOA down – 7.69% to close at N0.36
  • OANDO down – 5.15% to close at N4.60
  • UNILEVER down – 3.45% to close at N14.00

NGX ASI Top Traded by Volume

  • FBNH – 27,092,946 units
  • UBA – 22,026,842 units
  • TRANSCORP – 11,996,487 units
  • BUAFOODS – 11,289,437 units
  • ZENITH –10,267,378 units

NGX ASI Top Traded by Value

  • BUAFOODS – N544,692,788.80
  • FBNH – N307,295,893.00
  • ZENITHBANK – N260,603,050.05
  • UBA – N177,521,867.85
  • NGXGROUP – N134,255,689.40

Market sentiments trend towards the bulls with the market differential being in favour of the advancers as 24 gainers surpassed 13 losers.




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