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Nairametrics
Home Markets Equities Stock Market

Nigerian stock market closes negative as investors lose N52 billion 

Inimfon Asifa by Inimfon Asifa
January 27, 2023
in Stock Market
Access, GTCO and UBA top actively traded stocks on Monday
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The Nigerian Exchange (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 0.18% to close at 52,657.88 points.    

In the same vein, Market Capitalization declined by N52 billion to close at N28.681 trillion while the Year-to-Date (YTD) returns settled at 2.05%. The stock market has advanced by 1,062.22 basis points since the start of the year.    

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Market breadth closed positive as CAP led 24 gainers, and 7 losers topped by CUTIX at the end of today’s session. 

 Market Indices  

  • NGX ASI: 52,657.88 points 
  • Previous ASI: 52,752.96 points 
  • Percentage Day Change: 0.18% 
  • Y-T-D: 2.05% 
  • Market Cap: N28,681 trillion 
  • Volume: 171.1 million 
  • Value: N2.34 billion            
  • Deals: 3,599 

NGX Top ASI gainers 

  • CAP up + 9.83% to close at N19.55 
  • NNFM up + 9.76% to close at N6.75 
  • JAPAULGOLD up + 9.68% to close at N0.34 
  • TRIPPLEG up + 9.38% to close at N1.05 
  • CORNERST up + 9.26% to close at N0.59 

NGX Top ASI losers 

  • CUTIX down – 8.11% to close at N2.04 
  • INTBREW down –6.12% to close at N4.60 
  • GLAXOSMITH down – 4.41% to close at N6.50 
  • ACCESSCORP down – 4.26% to close at N9.00 
  • GUINNESS down – 3.71% to close at N70.00 

Top 3 by Volume 

  • FIDELITYBK – 26,644,503 
  • CHAMS –17,789,792 
  • FBNH – 15,136,342 

Top 3 by Value  

  • MTNN – N407,497,606 
  • GEREGU – N311,009,754 
  • NGXGROUP – N222,565,655 

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Inimfon Asifa

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