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Home Markets Equities

Stock market closes on a negative note as investors lose N62 billion 

Inimfon Asifa by Inimfon Asifa
November 29, 2022
in Equities
Financial experts , NGX

Image credit: Nairametrics file

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The Nigerian Exchange Limited (NGX) closed today’s trading session with a loss of N62 billion in market capitalization, even as bears regain dominance on the local bourse. 

The All-Share Index (ASI) decreased by 0.23% to close at 47,322.97 points. In the same vein, market capitalization depreciated by N62 billion. 

As of the close of the market on Tuesday, the stock market value stood at N25.7 trillion. Since the start of the year, the stock market has advanced by 4606.53 basis points or 10.78%. 

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Meanwhile, market breadth closed negative as CHAMS led 13 gainers, with 14 losers topped by NEIMETH at the end of today’s session. 

Market Indices 

NGX ASI: 47,322.97 points 

Previous ASI: 47,436.45 points 

Percentage Day Change: 0.23% 

% Y-t-D: 10.78% 

Market Cap: N25,775 trillion 

Volume: 120.9million 

Value: N1.64billion 

Deals: 3,022 

NGX Top ASI gainers 

CHAMS up +9.09% to close at N0.24 

WAPIC up +6.06% to close at N0.35 

NPFMCRFBK up + 5.33% to close at N1.58 

JAIZBANK up +3.66% to close at N0.85 

FCMB up +3.08% to close at N3.35 

NGX Top ASI losers 

NEIMETH down – 7.97% to close at N1.27 

NB down – 7.66% to close at N45.20 

CAVERTON down – 5.68% to close at N0.83 

ETI down – 5.16% to close at N10.10 

UBN down – 4.58% to close at N6.25 

Top 3 by Volume 

TRANSCORP– 34,589,996 

ACCESSCORP – 11,170,020 

ZENITHBANK – 9,330,852 

Top 3 by Value 

MTNN – N354,281,063 

ZENITHBANK – N202,528,173 

GTCO- N169,379,594 


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Tags: NGX All Share IndexNigerian Exchange Limited (NGX)
Inimfon Asifa

Inimfon Asifa

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