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Home Markets Equities Stock Market

NGX closes negative as investors lose N134 billion

Inimfon Asifa by Inimfon Asifa
January 10, 2023
in Stock Market
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 1.06%
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Today’s trading activities on the floor of the Nigerian Exchange (NGX) closed with a loss of N134 billion in market capitalization, as bears regained their grip on the local bourse.

The All Share Index (ASI) decreased by 0.47% to close at 51,446.6 points.

In the same vein, market breadth closed positive as THOMASWY led 17 gainers, with 16 losers topped by NEM at the end of today’s session.

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As of the close of the market on Tuesday, the stock market value stood at N28 trillion.

Since the start of the year, the stock market has advanced by 149.06 basis points or 0.28%.
Market Indices

• NGX ASI: 51,446.6 points
• Previous ASI: 51,693.08points
• Percentage Day Change: 0.47%
• Y-T-D: 0.28%
• Market Cap: N28.021trillion
• Volume: 345.4 million
• Value: N8.2billion
• Deals: 4,184

NGX Top ASI gainers

• THOMASWY up + 9.43% to close at N1.16
• MBENEFIT up + 7.14% to close at N0.30
• ACADEMY up + 5.65% to close at N1.31
• LASACO up + 4.44% to close at N0.94
• CHAMS up + 4.35% to close at N0.24 NGX

Top ASI losers

• NEM down – 10.00% to close at N4.05
• CHELLARAM down – 9.90% to close at N1.82
• CHAMPION down – 9.58% to close at N4.34
• CORNERST down – 6.67% to close at N0.56
• HONYFLOUR down – 4.96% to close at N2.30

Top 3 by Volume

• FBNH – 151,387,974
• BUACEMENT– 30,458,503
• ZENITHBANK – 25,459,183

Top 3 by Value

• BUACEMENT – N2,919,560,060
• FBNH– N1,696,960,422
• NESTLE – N1,019,395,554


Follow us for Breaking News and Market Intelligence.
Inimfon Asifa

Inimfon Asifa

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Recent News

  • EFCC arraigns SunTrust Bank MD, Executive Director over alleged $12 million money laundering 
  • Cornerstone Insurance declares 27 kobo final dividend, reveals payment date and criteria 
  • Oil Subsidy Fraud: EFCC declares Fargo Petroleum MD wanted over alleged N976 million scam 

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Recent News

EFCC: Achimugu’s case unrelated to Atiku, Sanwo-Olu, agency says

EFCC arraigns SunTrust Bank MD, Executive Director over alleged $12 million money laundering 

June 13, 2025

Cornerstone Insurance declares 27 kobo final dividend, reveals payment date and criteria 

June 13, 2025
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