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Home Markets Equities Stock Market

Nigerian stock market closes positive as investors gain N84 billion 

Inimfon Asifa by Inimfon Asifa
January 26, 2023
in Stock Market
The stock market closes negative as investors lose N17 billion
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The Nigerian Exchange (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 0.29% to close at 52,752.96 points.    

In the same vein, Market Capitalization grew by N84 billion to close at N28.733 trillion while the Year-to-Date (YTD) returns settled at 2.24%. The stock market has advanced by 1,157.3 basis points since the start of the year.  

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Market breadth closed positive as GEREGU led 25 gainers, and 7 losers topped by RTBRISCOE at the end of today’s session. 

 Market Indices  

  • NGX ASI: 52,752.96 points 
  • Previous ASI: 52,599.65 points 
  • Percentage Day Change: 0.29% 
  • Y-T-D: 2.24% 
  • Market Cap: N28,733 trillion 
  • Volume: 139.6 million 
  • Value: N2.02 billion            
  • Deals: 3,549 

NGX Top ASI gainers 

  • GEREGU up + 10.00% to close at N147.40 
  • WAPIC up + 9.76% to close at N0.45 
  • CHELLARAM up + 9.70% to close at N1.81 
  • INTENEGINS up + 9.43% to close at N0.58 
  • TRIPPLEG up + 9.09% to close at N0.96 

NGX Top ASI losers 

  • RTBRISCOE down – 9.09% to close at N0.30 
  • ROYALEX down –8.24% to close at N0.78 
  • COURTVILLE down – 7.84% to close at N0.47 
  • LINKASSURE down – 4.00% to close at N0.48 
  • TRANSCORP down – 0.82% to close at N1.21 

Top 3 by Volume 

  • GTCO – 17,792,614 
  • ACCESSCORP – 15,378,997 
  • FIDELITYBK – 11,903,528 

Top 3 by Value  

  • GTCO – N433,176,121 
  • GEREGU – N239,008,263 
  • ZENITHBANK – N142,091,992 

Follow us for Breaking News and Market Intelligence.
Tags: Nigeria exchange groupstock market
Inimfon Asifa

Inimfon Asifa

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