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Nairametrics
Home Markets Equities Stock Market

NGX closes negative as investors lose N33 billion

stock market value stood at N26.3 trillion

Inimfon Asifa by Inimfon Asifa
December 8, 2022
in Stock Market
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 1.06%
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Trading activities on the floor of the Nigerian Exchange (NGX) closed the day with a loss of N32 billion in market capitalization, as bears regain their grip on the local bourse.

The All Share Index (ASI) decreased by 0.12% to close at 48,365.14 points. In the same vein, market capitalization depreciated by N33 billion.

As of market close on Thursday, December 8, the stock market value stood at N26.3 trillion. Since the start of the year, the stock market has advanced by 5648.7 basis points or 13.22%.

MoreStories

FTN COCOA, UNITY BANK leads as NGX top gainers for the week

Beware, Nigerian stocks are approaching bubble territory

March 16, 2026
NGX ends the week positive as market capitalization gains N45 billion

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Meanwhile, market breadth closed positive as CHAMS led 15 gainers, with 10 losers topped by CAPHOTEL at the end of today’s session.

Market Indices 

  • NGX ASI: 48,365.14 points
  • Previous ASI: 48,426.49 points
  • Percentage Day Change: 0.12%
  • % Y-t-D: 13.22%
  • Market Cap: N 26.343trillion
  • Volume: 146.157 million
  • Value: N2.98 billion
  • Deals: 3,391

NGX Top ASI gainers 

  • CHAMS up +9.09% to close at N0.24
  • RTBRISCOE up +7.69% to close at N 0.28
  • PZ up + 5.50% to close at N11.50
  • LIVESTOCK up +4.50% to close at N1.16
  • ETI up +2.86% to close at N10.80

NGX Top ASI losers 

  • CAPHOTEL down – 9.80% to close at N2.76
  • HONYFLOUR down – 9.09% to close at N2.20
  • WAPIC down – 8.11% to close at N0.34
  • ABCTRANS down – 7.41% to close at N0.25
  • CADBURY down – 4.46% to close at N10.70

Top 3 by Volume 

  • ETI – 26,356,801
  • FBNH – 25,797,316
  • TRANSCORP – 12,887,399

Top 3 by Value 

  • MTNN – N1,190,295,939
  • GUINNESS – N350,374,865
  •  ETI- N281,873,014

 


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Inimfon Asifa

Inimfon Asifa

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