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Equity investors rally shares, drive market capitalization up by N22 billion

The stock market closes negative with Market Capitalization down N28 billion

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.

The NGX ASI closed at 47,109.25 points, to reflect a growth of 0.09% from the previous trading day and a Year-to-Date (YTD) return of 10.28%. Meanwhile, the market capitalization increased by N22.83 billion.

At the close of market on Wednesday 16th February 2022, the stock exchange market value currently stands at N25.38 trillion from N25.36 trillion in the previous trading day.

The market breadth closed negative as LEARNAFRICA led 19 gainers, and 29 Losers topped by UPDC at the end of today’s session.

The stock market has advanced 4,392.81 base points since the start of the year.

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NGX Top ASI gainers  

NGX Top ASI losers 

NGX ASI Top Traded by Volume

NGX ASI Top Traded by Value

Market sentiments trend towards the bulls with the market differential being in favour of the decliners as 19 gainers were surpassed by 29 losers.

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