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Home Markets Equities

NGX ends the week positive as investors gain N117 billion

Inimfon Asifa by Inimfon Asifa
February 3, 2023
in Equities, Markets, Stock Market
Stock market: Analysts see positive sentiment despite headwinds
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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 2.29% to close at 54,213.09 points.  

In the same vein, market capitalization grew by N117 billion to close at N29.528 trillion while the Year-to-Date (YtD) returns settled at 5.07%. The stock market has advanced by 2,617.43 basis points since the start of the year.  

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Market breadth closed positive REDSTAREX led 35 gainers, and 10 losers topped by IKEJAHOTEL at the end of today’s session.  

Market Indices  

  • NGX ASI: 54,213.09 points  
  • Previous ASI: 53,998.12 points  
  • Percentage Day Change: 2.29%  
  • Y-T-D: 5.07%  
  • Market Cap: N29. 528 trillion  
  • Volume: 268 million  
  • Value: N2.35 billion  
  • Deals: 4,017 

NGX Top ASI gainers  

  • REDSTAREX up + 10.00% to close at N2.53 
  • FTNCOCOA up + 10.00% to close at N0.33 
  • INTENEGINS up + 10.00% to close at N0.99 
  • MRS up + 9.94% to close at N19.35 
  • NNFM up + 9.55% to close at N9.75 

NGX Top ASI losers  

  • IKEJAHOTEL down – 10.00% to close at N0.99 
  • LASACO down – 5.88% to close at N0.96 
  • ABCTRANS down – 5.41% to close at N0.35 
  • UNIVINSURE down – 4.76% to close at N0.20 
  • MAYBAKER down – 2.89% to close at N4.71 

Top 3 by Volume  

  • UNIVINSURE– 63,357,952 
  • GTCO– 20,798,783 
  • TRANSCORP– 19,462,488 

Top 3 by Value  

  • GTCO – N522,208,107 
  • NESTLE– N206,611,988 
  • ZENITHBANK – N200,335,769 

 


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Tags: NGX
Inimfon Asifa

Inimfon Asifa

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