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Home Markets Equities Stock Market

Investors gain N145 billion as equity market sustains positive sentiment

Market breadth closed positive as UPDCREIT led 27 gainers

Inimfon Asifa by Inimfon Asifa
November 22, 2022
in Stock Market
Investors gain N145 billion as equity market sustains positive sentiment
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Trading activities on the floor of the Nigerian Exchange (NGX) closed the day with a gain of N145 billion in market capitalization, as bulls maintained their grip on the local bourse. 

The All Share Index (ASI) increased by 0.59% to close at 44,929.33 points.  In the same vein, market capitalization appreciated by N145 billion. 

At the close of the market on Tuesday, 22nd of November 2022, the stock exchange market value stands at N24.4 trillion. 

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Meanwhile, market breadth closed positive as UPDCREIT led 27 gainers, and 8 losers topped by RTBRISCOE  at the end of today’s session. 

Since the start of the year, the stock market has advanced by 2212.89 basis points or 5.18%. 

Market indices 

  • NGX ASI: 44,929.33 points 
  • Previous ASI: 44,662.96 points 
  • % Day Change: 0.59% 
  • % Y-t-D: 5.18% 
  • Market Cap (N): 24.471trillion 
  • Volume: 126.5million 
  • Value (N): 3.85billion 
  • Deals: 3,383 

NGX top ASI gainers 

  • UPDCREIT up +10.00% to close at N2.75 
  • INTBREW up +9.41% to close at N4.65 
  • SOVRENINS up + 8.33% to close at N0.26 
  • FIDSON up +6.99% to close at N8.72 
  • UACN up +6.74% to close at N9.50 

NGX top ASI losers 

  • RTBRISCOE down – 10.00% to close at N0.27 
  • PRESCO down – 7.17% to close at N110.00 
  • CHAMS  down – 4.17% to close at N0.23 
  • SUNUASSUR  down – 3.45% to close at N0.28 
  • CHIPLC down – 3.28% to close at N0.59 

Top 3 by volume 

  • ZENITHBANK– 13,550,004 
  • FIDELITYBK – 12,163,344 
  • MTNN – 12,003,444 

Top 3 by value 

  • MTNN – N 2,400,615,809 
  • ZENITHBANK  -N 298,637,306 
  • STANBIC – N 218,693,643 

Follow us for Breaking News and Market Intelligence.
Tags: Fidson Healthcare Plc - NewsNGXNGX ASI Top gainers
Inimfon Asifa

Inimfon Asifa

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