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Home Markets Equities Stock Market

Stock market closes negative as market capitalisation sheds N1 billion

Inimfon Asifa by Inimfon Asifa
December 20, 2022
in Stock Market
The stock market closes negative as investors lose N17 billion
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Trading activities on the floor of the Nigerian Exchange (NGX) closed the day with a loss of N1 billion in market capitalization.

The All Share Index (ASI) closed at 49.316.29 points, even as market breadth closed negative as UPDCREIT led 11 gainers. 

As of the close of the market on Tuesday, the stock market value stood at N26.9 trillion. Since the start of the year, the stock market has advanced by 6,699.74 basis points or 15.6%.  

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Market Indices  

  • NGX ASI: 49,416.18 points  
  • Previous ASI: 49,414.96 points  
  • Percentage Day Change: 0.002%  
  • % Y-t-D: 15.6%  
  • Market Cap: N 26,915 trillion  
  • Volume: 100.1 million  
  • Value: N1.29 billion  
  • Deals: 3,186 

NGX Top ASI gainers  

  • UPDCREIT  up + 8.62% to close at N3.15 
  • ROYALEX up + 5.95% to close at N0.89 
  • ARDOVA  up + 4.19% to close at N17.40 
  • VITAFOAM up + 3.57% to close at N21.75 
  • CUSTODIAN up + 2.75% to close at N5.60 

NGX Top ASI losers  

  • NEIMETH down – 9.66% to close at N1.31 
  • SCOA down – 9.41% to close at N0.77 
  • UPDC down – 7.07% to close at N0.92 
  • RTBRISCOE down – 6.90% to close at N0.27 
  • CHAMS down – 4.55% to close at N0.21 

Top 3 by Volume  

  • GTCO – 16,438,087 
  • CHIPLC – 9,260,000  
  • UBA – 7,119,390 

Top 3 by Value  

  • GTCO – N354,748,552 
  • NESTLE – N279,797,379 
  • ZENITHBANK– N109,238,475 

Follow us for Breaking News and Market Intelligence.
Inimfon Asifa

Inimfon Asifa

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  • BAD LOANS: Nigerian listed banks incur N3.77 trillion in loan losses since 2023, see top losers 
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  • EFCC arraigns Emefiele over ‘753 Housing Unit’ as ex-CBN governor gets N2 billion bail 

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