• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Markets Equities Stock Market

NGX closes negative with market cap down N35 billion 

Zainab Iwayemi by Zainab Iwayemi
September 16, 2022
in Stock Market
Stocks drop after the S&P 500 sets a new high
Share on FacebookShare on TwitterShare on Linkedin

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. 

MoreStories

Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

Jaiz Bank leads trading volume as Nigerian stock market rises 0.18% 

March 5, 2026
Insurance heats up: Top 10 best-performing insurance stocks of 2025 so far 

Linkage Assurance gets SEC approval for N16.26 billion rights issue, sets offer dates

March 5, 2026

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 

Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: NEM Insurance - NewsNGX
Zainab Iwayemi

Zainab Iwayemi

For further inquiries about this article, contact: Email: zainab.iwayemi@nairametrics.com Twitter: @IwayemiZainab LinkedIn: Zainab Iwayemi

Next Post
Collaborate, network with Oxford-based scholars

Collaborate, network with Oxford-based scholars, as a Researcher in the Africa-Oxford Initiative

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast
rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics