The Nigerian Exchange (NGX) closed negative amidst buy-interests and sell-offs, as bears dominated proceedings, weighing down the broad market by 253 basis points.Â
The All-share Index (ASI) depreciated by 2.53% to close at 46,365.95 points. Â
In the same vein, Market Capitalization declined by N665 billion to close at N25.25 trillion, while the Year-to-Date (YTD) returns settled at 8.54%.
Meanwhile, the stock market has advanced by 3,649.51 base points since the start of the year. Â
The SWOOTs capitalization closed negative, driven by changes in AIRTELAFRI at the end of the trading session.Â
Market breadth closed negative as PZ led 14 gainers, and 5 losers topped by AIRTELAFRI at the end of today’s session.Â
On a sectoral level, 2 of the 5 major indices of the Nigerian Exchange closed negative with NGX Insurance and Consumer Goods indices down 1.18% and 0.06%, respectively. Only the NGX banking index grew by 0.87%. Also, NGX Oil and Gas and Industrial remained unchanged.Â
Market Indices Â
- NGX ASI: 46,365.95 points Â
- Previous ASI: 47,569.04 points Â
- % Day Change: 2.53%Â Â
- % Y-t-D: 8.54%Â
- Market Cap (N): 25.254 trillion Â
- Volume: 137,983,398Â
- Value (N): 4.32 billion Â
- Deals: 3,234Â
NGX Top ASI gainers  Â
- PZ up + 9.52 % to close at N9.20Â
- UPL up + 9.33% to close at N1.64Â
- COURTVILLE up + 4.35% to close at N0.48Â
- CUTIX up + 3.50% to close at N2.07Â
- WAPIC up + 2.86% to close at N0.36Â Â
NGX Top ASI losers Â
- AIRTELAFRI down – 10.00% to close at N1,620.00Â
- SOVRENINS down – 7.14% to close at N0.26Â
- AIICO down – 7.02% to close at N0.53Â
- DANGSUGAR down – 2.80% to close at N15.60Â
- FIDSON down – 2.51% to close at N8.94Â
Top 3 by Volume Â
- GTCO – 33,715,087Â
- COURTVILLE – 26,138,320Â
- FIDELITYBK – 19,979,589Â
Top 3 by Value Â
- AIRTELAFRI – N1,738,368,540.00Â
- SEPLAT – N825,651,097.20Â
- GTCO – N609,863,317.05Â
