Stock market closes positive as investors gain N192 billion

The Nigerian Bourse (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market

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.

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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Stock market closes positive as investors gain N192 billion