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Home Markets Equities Stock Market

NGX closes positive as investors gain N518 billion

Inimfon AsifabyInimfon Asifa
3 months ago
in Stock Market
The stock market closes negative as investors lose N17 billion
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Today’s trading activities on the Nigerian Exchange (NGX) floor closed with a gain of N518 billion in market capitalization. 

The All Share Index (ASI) increased by 1.89% to close at 51,251.06 points.  In the same vein, market breadth closed positive as CAVERTON led 21 gainers, with 17 losers topped by ROYALEX at the end of today’s session. 

As of the close of the market on Friday, the stock market value stood at N27.9 trillion. Year to date, the stock market has advanced by 8,534.62 basis points or 19.9%. 

 Market Indices  

  • NGX ASI: 51,251.06 points 
  • Previous ASI: 50,300 points 
  • Percentage Day Change: 1.89% 
  • % Y-t-D: 19.9% 
  • Market Cap: N 27.915 trillion 
  • Volume: 890.6million 
  • Value: N7.35 billion 
  • Deals: 3,566 

NGX Top ASI gainers 

  • CAVERTON up + 10.00% to close at N0.99 
  • PRESCO up + 10.00% to close at N137.50 
  • AIRTELAFRI up + 9.78% to close at N1635.00 
  • CWG up + 9.78% to close at N1.01 
  • MORISON up + 9.60% to close at N2.17 

NGX Top ASI losers 

  • ROYALEX down – 9.40% to close at N1.06 
  • FIDSON down – 8.16% to close at N9.00 
  • UACN down – 7.66% to close at N10.25 
  • MBENEFIT down – 6.90% to close at N0.27 
  • ETI down – 6.19% to close at N10.60 

Top 3 by Volume 

  • SOVRENINS – 523,925,840 
  • ACCESSCORP – 176,540,901 
  • STERLNBANK – 39,832,624 

Top 3 by Value 

  • PRESCO – N1,611,074,853 
  • ACCESSCORP – N1,518,282,976 
  • GEREGU – N1,491,760,452 

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CBN denies suspending accounts of Fintech firms, OPAY, PALMPAY, says its fake news

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March 24, 2023
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