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Nairametrics
Home Markets Equities

Nigerian Exchange closes positive as investors gain N84 billion

Inimfon Asifa by Inimfon Asifa
February 6, 2023
in Equities, Markets, Stock Market
ETDs, NGX
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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 0.28% to close at 54,367.74 points.  

In the same vein, market capitalization grew by N84 billion to close at N29.612 trillion while the Year-to-Date (YtD) returns settled at 5.37%. The stock market has advanced by 2,772.08 basis points since the start of the year.

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Heavyweight stocks shine as All-Share Index breaks 217,000 territory 

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Champion Breweries lists 2.38 billion new ordinary shares, boosts share capital   

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Market breadth closed flat as SOVRENINS led 16 gainers, and 16 losers topped by MCNICHOLS at the end of today’s session.  

Market Indices  

  • NGX ASI: 54,367.74 points  
  • Previous ASI: 54,213.09 points  
  • Percentage Day Change: 0.28%  
  • Y-T-D: 5.37%  
  • Market Cap: N29. 612 trillion  
  • Volume: 191.6 million  
  • Value: N4.79 billion  
  • Deals: 4,359 

 NGX Top ASI gainers  

  • SOVRENINS up + 10.00% to close at N0.33 
  • LINKASSURE up + 8.89% to close at N0.49 
  • INTENEGINS up + 8.08% to close at N1.07 
  • IMG up + 4.55% to close at N8.05 
  • COURTVILLE up + 4.08% to close at N0.51 

NGX Top ASI losers  

  • MCNICHOLS down – 8.96% to close at N0.61 
  • PRESTIGE down – 8.70% to close at N0.42 
  • FTNCOCOA down – 6.06% to close at N0.31 
  • JAPAULGOLD down – 5.88% to close at N0.32 
  • SUNUASSUR down – 5.88% to close at N0.32 

Top 3 by Volume  

  • GTCO– 50,585,023 
  • ZENITHBANK– 18,016,793 
  • CHAMS– 16,627,842 

Top 3 by Value  

  • GTCO – N1,270,534,883 
  • AIRTELAFRI– N1,172,014,083 
  • SEPLAT– N722,250,843 

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Tags: Nigerian Exchange (NGX)
Inimfon Asifa

Inimfon Asifa

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