• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • 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
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • 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
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Equities Stock Market

NGX commences week on negative note as market cap loses N665 billion

Stock market has advanced by 3,649.51 base points since the start of the year.

Zainab Iwayemi by Zainab Iwayemi
October 17, 2022
in Stock Market
NGX commences week on negative note as market cap loses N665 billion
Share on FacebookShare on TwitterShare on Linkedin

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. 

The All-share Index (ASI) depreciated by 2.53% to close at 46,365.95 points.  

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%.

RelatedStories

Top 5 highest paid bank CEOs of 2022 

GTCO targets East Asia expansion, no plans for US 

July 10, 2025
GTCO to write off Aiteo loan and switch to aggressive recovery plan

GTCO lists 2.28 billion Public Offer shares on NGX after London debut, discloses price 

July 10, 2025

Meanwhile, the stock market has advanced by 3,649.51 base points since the start of the year.  

The SWOOTs capitalization closed negative, driven by changes in AIRTELAFRI at the end of the trading session. 

Market breadth closed negative as PZ led 14 gainers, and 5 losers topped by AIRTELAFRI at the end of today’s session. 

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. 

Market Indices  

  • NGX ASI: 46,365.95 points  
  • Previous ASI: 47,569.04 points  
  • % Day Change: 2.53%  
  • % Y-t-D: 8.54% 
  • Market Cap (N): 25.254 trillion  
  • Volume: 137,983,398 
  • Value (N): 4.32 billion  
  • Deals: 3,234 

NGX Top ASI gainers   

  • PZ up + 9.52 % to close at N9.20 
  • UPL up + 9.33% to close at N1.64 
  • COURTVILLE up + 4.35% to close at N0.48 
  • CUTIX up + 3.50% to close at N2.07 
  • WAPIC up + 2.86% to close at N0.36  

NGX Top ASI losers  

  • AIRTELAFRI down – 10.00% to close at N1,620.00 
  • SOVRENINS down – 7.14% to close at N0.26 
  • AIICO down – 7.02% to close at N0.53 
  • DANGSUGAR down – 2.80% to close at N15.60 
  • FIDSON down – 2.51% to close at N8.94 

Top 3 by Volume  

  • GTCO – 33,715,087 
  • COURTVILLE – 26,138,320 
  • FIDELITYBK – 19,979,589 

Top 3 by Value  

  • AIRTELAFRI – N1,738,368,540.00 
  • SEPLAT – N825,651,097.20 
  • GTCO – N609,863,317.05 

Follow us for Breaking News and Market Intelligence.
Tags: AIICO Insurance - NewsAIRTELAFRIFidson Healthcare Plc - NewsGTCONGXseplat
Zainab Iwayemi

Zainab Iwayemi

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

Related Posts

Top 5 highest paid bank CEOs of 2022 
Breaking News

GTCO targets East Asia expansion, no plans for US 

July 10, 2025
GTCO to write off Aiteo loan and switch to aggressive recovery plan
Bank Recapitalization

GTCO lists 2.28 billion Public Offer shares on NGX after London debut, discloses price 

July 10, 2025
GTCO,Afex Commodities Exchange
Breaking News

GTCO targets 15% dividend yield, 25% ROE after landmark London listing

July 10, 2025
These Nigerians Will Pay 30% Tax on Stock Gains — Dr. Ayodeji Ebo Explains What to Expect in H2 2025
Business News

These Nigerians Will Pay 30% Tax on Stock Gains — Dr. Ayodeji Ebo Explains What to Expect in H2 2025

July 10, 2025
Equities

Best performing stockbrokers Q2 2025

July 5, 2025
GTCO to write off Aiteo loan and switch to aggressive recovery plan
Market Views

GTCO’s $100 Million Accelerated Bookbuild: Why it makes sense

July 5, 2025
Next Post
Airtel emerges sole bidder for 3.5GHz spectrum licence as Ecobank gets a fine

Airtel shareholders lose N676 billion in one day trading

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • 10 Lagos hospitals delivering advanced surgeries and challenging outbound medical tourism 
  • Geregu Power reports N13 billion Q2 2025 profit, up 61% YoY, beats Q2 forecast 
  • HealthCap Africa launches HealthTech Unicorns Report 2.0 in Lagos, charts bold future for Africa’s health innovation

Follow us on social media:

Recent News

10 Lagos hospitals delivering advanced surgeries and challenging outbound medical tourism 

10 Lagos hospitals delivering advanced surgeries and challenging outbound medical tourism 

July 12, 2025
Geregu Power PLC wins “Most Compliant Listed Company” at 2024 Made of Africa Awards  

Geregu Power reports N13 billion Q2 2025 profit, up 61% YoY, beats Q2 forecast 

July 12, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 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
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • 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
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics