The Nigerian Bourse (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market by 19 basis points. The All-share Index (ASI) depreciated by 0.19% to close at 47,351.43 points.
In the same vein, Market Capitalization grew by N49 billion to close at N25.79 trillion while the Year-to-Date (YtD) returns settled at 10.85%. The stock market has advanced by 4,634.99 base points since the start of the year.
The SWOOTs capitalization closed positively driven by changes in MTN at the end of the trading session.
Market breadth closed negative as FTNCOCOA led 13 gainers, and 14 Losers topped by MAYBAKER at the end of today’s session.
On a sectorial level, 2 of the 5 major indices of the Nigerian Exchange closed negative with NGX Insurance and Oil & Gas indices down by 1.47% and 0.41% respectively while the NGX banking and Consumer goods index grew by 1.04% and 0.13% and NGX industrial was flat.
Market Indices
NGX ASI: 47,351.43 points
Previous ASI: 47,260.89 points
% Day Change: 0.19%
% Y-t-D: 10.85%
Market Cap (N): 25.791 trillion
Volume: 137,281,162
Value (N): 1.71 billion
Deals: 3,845
NGX Top ASI gainers
FTNCOCOA up +7.14% to close at N0.30
INTBREW up +5.56% to close at N4.75
SOVRENINS up + 4.00% to close at N0.26
STERLNBANK up +3.33% to close at N1.55
UBA up +3.05% to close at N6.75
NGX Top ASI losers
MAYBAKER down – 9.78 % to close at N3.69
NASCON down – 9.52 % to close at N9.50
ACADEMY down – 9.38% to close at N1.45
WAPIC down – 8.57% to close at N0.35
UPDCREIT down – 8.20% to close at N2.80
Top 3 by Volume
GTCO – 33,788,369
OANDO – 18,448,707
TRANSCORP – 13,520,902
Top 3 by Value
GTCO – N573,800,103.05
MTNN – N334,872,583.00
ZENITHBANK – N144,576,026.10