The Nigerian Exchange Group (NGX) closed negative amidst buy-interests and sell-offs as bears dominated proceedings, weighing down the broad market by 13 basis points. The All-share Index (ASI) depreciated by 0.13% to close at 49,475.42 points.  

In the same vein, market capitalization declined by N35 billion to close at N26.69 trillion, while the year-to-date (YtD) returns settled at 15.82%. The stock market has advanced by 6,764.98 basis points since the start of the year.   

On a sectoral level, 1 of the 5 major indices of the Nigerian Exchange, (NGX Banking) closed negative at 1.39%, while consumer goods and insurance indices were down 0.02% and 0.65% respectively while NGX Industrial and Oil and Gas were flat. 

Market Indices  

  • NGX ASI: 49,475.42 points  
  • Previous ASI: 49,540.48 points   
  • % Day Change: 0.13%  
  • % Y-t-D: 15.82% 
  • Market Cap (N): 26.686 trillion  
  • Volume: 107,494,742 
  • Value (N): 1.15 billion  
  • Deals: 3,303 

NGX Top ASI gainers    

  • NEM up +8.97% to close at N5.59 
  • ACADEMY up +6.80% to close at N2.20 
  • JAPAULGOLD up + 3.70% to close at N0.28 
  • CADBURY up +3.00% to close at N13.75 
  • WEMABANK up +1.76% to close at N3.46 

NGX Top ASI losers   

  • REGALINS down – 7.41% to close at N0.25 
  • UNITYBNK down – %6.80 to close at N0.40 
  • ACCESSCORP down – 5.14% to close at N8.30 
  • CORNERST down – 4.76% to close at N0.60 
  • UBA down – 4.70% to close at N7.10 

Top 3 by Volume   

  • FBNH – 12,022,629 
  • ZENITHBANK – 11,969,523 
  • ACCESSCORP – 11,350,050 

Top 3 by Value  

  • ZENITHBANK – N235,913,370.70 
  • MTNN – N133,393,504.50 
  • GTCO – N131,549,440.40