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NGX down by 0.07% as market cap lost N19 billion

Zainab Iwayemi by Zainab Iwayemi
October 12, 2022
in Markets, Stock Market
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The Nigerian Bourse (NGX) closed negative amidst buy-interests and sell-offs as bears dominated proceedings, weighing down the broad market by 7 basis points. The All-share Index (ASI) depreciated by 0.07% to close at 47,531.84 points.   

In the same vein, Market Capitalization declined by N19 billion to close at N25.889 trillion while the Year-to-Date (YtD) returns settled at 11.27%. The stock market has advanced by 4,815.40 base points since the start of the year.    

Market breadth closed negative as REDSTASR led 9 gainers, and 18 Losers topped by GSPECPLC at the end of today’s session. 

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Market Indices  

  • NGX ASI: 47,531.84 points  
  • Previous ASI: 47,565.92 points  
  • % Day Change: 0.07%  
  • % Y-t-D: 11.27% 

Market Cap (N): 25.889 trillion  

  • Volume: 155,181,080 
  • Value (N): 3.66 billion  
  • Deals: 3,797 

NGX Top ASI gainers    

  • REDSTAREX up +8.94% to close at N2.30 
  • MAYBAKER up +3.70% to close at N4.20 
  • OANDO up + 2.27% to close at N4.50 
  • CORNERST up +1.85% to close at N0.55 
  • STERLNBANK up +1.31% to close at N1.55 

NGX Top ASI losers   

  • GSPECPLC down – 9.82% to close at N2.48 
  • HONYFLOUR down – 9.77% to close at N1.94 
  • LIVESTOCK down – 9.65% to close at N1.03 
  • RTBRISCOE down – 8.82% to close at N0.31 
  • CHAMS down – 7.14% to close at N0.26 

Top 3 by Volume   

  • MBENEFIT – 41,924,472 
  • GTCO – 28,481,205 
  • ZENITHBANK – 11,815,532 

Top 3 by Value  

  • DANGCEM – N2,061,648,466.20 
  • AIRTELAFRI – N486,769,500.00 
  • GTCO – N480,094,947.15 

 

Tags: NGXstock market
Zainab Iwayemi

Zainab Iwayemi

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

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