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Nairametrics
Home Markets Equities

Nigerian stock market closes negative as investors loss N37 billion

Inimfon Asifa by Inimfon Asifa
February 7, 2023
in Equities, Markets, Stock Market
Stock market: Analysts see positive sentiment despite headwinds
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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 0.12% to close at 54,299.76 points.

In the same vein, Market Capitalization grew by N37 billion to close at N29.575 trillion while the Year-to-Date (YtD) returns settled at 5.24%. The stock market has advanced by 2,704.1 basis points since the start of the year.

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April 5, 2026

Market breadth closed negative as CONOIL led 19 gainers, and 27 losers topped by JAPAULGOLD at the end of today’s session.

Market Indices

  • NGX ASI: 54,299.76points
  • Previous ASI: 54,367.74 points
  • Percentage Day Change: 0.12%
  • Y-T-D: 5.24%
  • Market Cap: N29.575trillion
  • Volume: 200.03 million
  • Value: N7.62 billion
  • Deals: 4,380

NGX Top ASI gainers

  • CONOILup + 10.00% to close at N29.15
  • MRSup + 9.82% to close at N21.25
  • INTENEGINS up + 9.35% to close at N1.17
  • GLAXOSMITHup + 6.92% to close at N6.95
  • WAPICup + 4.65% to close at N0.45

NGX Top ASI losers

  • JAPAULGOLDdown – 9.38% to close at N0.29
  • FCMB down – 7.82% to close at N4.60
  • ROYALEX down – 7.32% to close at N0.76
  • UACN down – 6.12% to close at N9.20
  • LINKASSURE down – 6.12% to close at N0.46

Top 3 by Volume

  • FCMB–27,983,308
  • GEREGU–21,129,974
  • STERLNBANK–18,837,079

Top 3 by Value

  • GEREGU – N4,175,987,940
  • AIRTELAFRI– N844,315,729.
  • MTNN– N477,163,707

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Tags: MRS Oil Nigeria - NewsNigerian Exchange (NGX)
Inimfon Asifa

Inimfon Asifa

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