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Nairametrics
Home Markets

Stock market closes negative with market capitalization down N25 billion

Inimfon Asifa by Inimfon Asifa
January 24, 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 0.08% to close at 52,612.55 points.    

In the same vein, Market Capitalization declined by N25 billion to close at N28.681 trillion while the Year-to-Date (YtD) returns settled at 1.97%. The stock market has advanced by 1,016.89 basis points since the start of the year.    

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Cocoa records highest weekly gain in 24years at $6,470 as supply from Nigeria drops 

Ghana Cocoa Board executives, senior staff take pay cuts over liquidity challenges   

February 17, 2026
Stock chart movement

All-Share Index halts winning streak, sheds 941.2 points as Tier-one banks slip 

February 17, 2026

Market breadth closed positive as MBENEFIT led 21 gainers, and 14 losers topped by NB at the end of today’s session. 

 Market Indices  

  • NGX ASI: 52,612.55 points 
  • Previous ASI: 52,657.69 points 
  • Percentage Day Change: 0.08% 
  • Y-T-D: 1.97% 
  • Market Cap: N28,656 trillion 
  • Volume: 182.3 million 
  • Value: N4.82 billion            
  • Deals: 3,470 

NGX Top ASI gainers 

  • MBENEFIT up + 10.00% to close at N0.33 
  • UNILEVER up  + 9.91% to close at N12.20 
  • CILEASING up + 9.84% to close at N3.46 
  • ABCTRANS up + 9.68% to close at N0.34 
  • INTENEGINS up + 8.16% to close at N0.53 

NGX Top ASI losers 

  • NB down – 9.90% to close at N41.85 
  • CAVERTON down – 9.52% to close at N0.95 
  • CHAMPION down – 8.00% to close at N4.60 
  • WAPIC down – 6.67% to close at N0.42 
  • NGXGROUP down – 5.93% to close at N25.40 

Top 3 by Volume 

  • GEREGU– 23,840,483 
  • ACCESSCORP –17,299,269 
  • TRANSCORP – 16,647,68. 

Top 3 by Value  

  • GEREGU – N3,195,589,930 
  • GTCO– N303,413,882 
  • ZENITHBANK- N267,120,053 

 


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Inimfon Asifa

Inimfon Asifa

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