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Home Markets Equities Stock Market

Investors gain N271 billion as Stock Market ends the week positive

Inimfon Asifa by Inimfon Asifa
December 2, 2022
in Stock Market
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Trading activities on the floor of the Nigerian Exchange (NGX) closed the day with a gain of N271 billion in market capitalization, as bulls regain their grip on the local bourse.  

The All Share Index (ASI) increased by 1.04% to close at 48.154.65 points.  In the same vein, market capitalization appreciated by N271 billion. 

As of the close of the market on Friday, the stock market value stood at N26.2 trillion. Since the start of the year, the stock market has advanced by 5438.21 basis points or 12.73%. 

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Meanwhile, market breadth closed positive as THOMASWY led 23 gainers, with 14 losers topped by ACADEMY at the end of today’s session. 

Market Indices 

  • NGX ASI: 48.154.65 points 
  • Previous ASI: 47,656.64 points 
  • Percentage Day Change: 1.04% 
  • % Y-t-D: 12.73% 
  • Market Cap: N 26,228 trillion 
  • Volume: 159.8 million 
  • Value: N5.04 billion 
  • Deals: 3,080 

NGX Top ASI gainers 

  • THOMASWY  up +10.00% to close at N0.44 
  • WEMABANK up +9.94% to close at N3.43 
  • ARDOVA  up + 9.71% to close at N15.25 
  • PZ up +9.55% to close at N10.90 
  • NEIMETH  up +9.45% to close at N1.39 

NGX Top ASI losers 

  • ACADEMY down – 9.35 % to close at N1.26 
  • JAPAULGOLD  down – 6.90% to close at N0.27 
  • NASCON down – 6.54% to close at N10.00 
  • GEREGU down – 5.68% to close at N122.80 
  • CORNERST  down – 4.00% to close at N0.48 

Top 3 by Volume 

  • FBNH – 47,952,376 
  • MTNN – 14,513,544 
  • FCMB  – 13,367,300 

Top 3 by Value 

  • MTNN- N3,185,978,133 
  • FBNH – N536,961,847 
  • AIRTELAFRI – N443,745,815 

Follow us for Breaking News and Market Intelligence.
Tags: NGX All Share IndexNigerian Exchange
Inimfon Asifa

Inimfon Asifa

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