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Nairametrics
Home Markets Equities

Stock market closes positive as investors gain N192 billion

Inimfon Asifa by Inimfon Asifa
January 17, 2023
in Equities, Markets, Stock Market
BREAKING NEWS: Nigerian Stocks post 4% gain after Emefiele suspension
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The Nigerian Bourse (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market. 

The All-share Index (ASI) appreciated by 0.67% to close at 52,701.31 points.    

In the same vein, Market Capitalization grew by N192 billion to close at N28.704 trillion while the Year-to-Date (YtD) returns settled at 2.14%. The stock market has advanced by 1105.65 basis points since the start of the year.    

MoreStories

Government Urged to Deliberately Subsidize Manufacturing in Nigeria for Economic Growth

Top 5 NGX-listed industrial goods companies by revenue in Q1 2026

May 19, 2026
Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

Aradel powers N37 billion NGX session as oil stocks lead Monday’s trade

May 19, 2026

Market breadth closed positive as UPDCREIT led 21 gainers, and 15 losers topped by UPDC at the end of today’s session. 

 Market Indices  

  • NGX ASI: 52,701.31 points 
  • Previous ASI: 52,348.82 points 
  • Percentage Day Change: 0.67% 
  • Y-T-D: 2.14% 
  • Market Cap: N28.704trillion 
  • Volume: 228.4million 
  • Value: N4.44 billion 
  • Deals: 3,681 

 NGX Top ASI gainers 

  • UPDCREIT up + 10.00% to close at N3.30 
  • MRS up  + 9.93% to close at N15.50 
  • CHELLARAM up + 9.92% to close at N1.33 
  • SUNUASSUR up + 8.82% to close at N0.37 
  • MCNICHOLS up + 7.02% to close at N0.61 

 NGX Top ASI losers 

  • UPDC down – 6.93% to close at N 0.94 
  • GEREGU down – 6.71% to close at N139.00 
  • LINKASSURE down – 6.38% to close at N0.44 
  • ROYALEX down – 5.26% to close at N0.90 
  • PZ  down – 5.21% to close at N10.00 

Top 3 by Volume 

  • STERLNBANK – 76,738,683 
  • CHAMS – 17,567,533 
  • GTCO – 16,754,496 

Top 3 by Value 

  • GEREGU  – N1,426,759,562 
  • AIRTELAFRI – N1,142,777,193 
  • GTCO – N401,981,250 

 


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