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Nairametrics
Home Markets

Stock market closes negative as investors lose N46 billion

Inimfon Asifa by Inimfon Asifa
January 18, 2023
in Markets, Stock Market
stock market
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The Nigerian Bourse (NGX) closed negative amidst buy-interests and sell-offs as bears dominated proceedings, driving down the broad market. 

The All-share Index (ASI) depreciated by 0.16% to close at 52,615.51 points.    

In the same vein, Market Capitalization declined by N46 billion to close at N28.658 trillion while the Year-to-Date (YtD) returns settled at 1.97%. The stock market has advanced by 1019.85 basis points since the start of the year.    

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Market breadth closed negative as CHELLARAM led 17 gainers, and 21 losers topped by FTNCOCOA at the end of today’s session. 

 Market Indices  

  • NGX ASI: 52,615.51 points 
  • Previous ASI: 52,701.31  points 
  • Percentage Day Change: 0.16% 
  • Y-T-D: 1.97% 
  • Market Cap: N 28.658 trillion 
  • Volume: 217.9 million 
  • Value: N4.47 billion 
  • Deals: 3,377 

NGX Top ASI gainers 

  • CHELLARAM up + 9.77% to close at N1.46  
  • CHIPLC up  + 9.52% to close at N0.69 
  • LINKASSURE up + 9.09% to close at N0.48 
  • INTENEGINS up + 7.89% to close at N0.41 
  • MBENEFIT up + 6.67% to close at N0.32 

NGX Top ASI losers 

  • FTNCOCOA down – 6.67% to close at N0.28 
  • ABCTRANS down – 6.45% to close at N0.29 
  • LIVESTOCK down – 5.00% to close at N1.14 
  • REGALINS down – 3.57% to close at N0.27 
  • OANDO  down – 3.51% to close at N3.85 

Top 3 by Volume 

  • STERLNBANK – 94,270,211 
  • ZENITHBANK – 16,918,676 
  • GTCO – 13,162,108 

Top 3 by Value 

  • GEREGU  – N1,352,974,425 
  • AIRTELAFRI – N612,596,768 
  • DANGCEM – N557,813,538 

 


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Inimfon Asifa

Inimfon Asifa

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