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Nairametrics
Home Markets Equities

NGX closes positive with market capitalization up N8 billion

Inimfon Asifa by Inimfon Asifa
February 16, 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 0.02% to close at 54,520.2 points.  

In the same vein, Market Capitalization increased by N8 billion to close at N29.696 trillion while the Year-to-Date (YtD) returns settled at 5.66%. The stock market has advanced by 2,924.54 basis points since the start of the year.  

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Market breadth closed positive as TRIPPLEG led 17 gainers, and 15 losers topped by COURTVILLE at the end of today’s session.  

Market Indices  

  • NGX ASI:  54,520.2 points  
  • Previous ASI: 54,507.66 points  
  • Percentage Day Change: 0.02%  
  • Y-T-D: 5.66% 
  • Market Cap: N29,696 trillion  
  • Volume: 125.8 million  
  • Value: N3.6 billion  
  • Deals: 2,670 

NGX Top ASI gainers  

  • TRIPPLEG up + 9.70% to close at N1.81 
  • RTBRISCOE up + 7.14% to close at N0.30 
  • JAPAULGOLD up + 7.14% to close at N0.30 
  • LIVINGTRUST up + 6.90% to close at N2.17 
  • VERITASKAP  up + 5.00% to close at N0.21 

NGX Top ASI losers  

  • COURTVILLE down – 9.62% to close at N0.47 
  • CWG down – 8.99% to close at N0.81 
  • NGXGROUP  down – 6.69% to close at N26.50 
  • WAPIC down – 4.65% to close at N0.41 
  • FIDELITYBK down – 3.27% to close at N5.03 

Top 3 by Volume  

  • GTCO – 19,173,469 
  • UBA – 14,357,029 
  • ZENITHBANK – 8,441,601 

Top 3 by Value  

  • DANGCEM – N1,945,654,336 
  • GTCO– N481,722,102 
  • ZENITHBANK – N214,560,817 

 

 

 

  


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Inimfon Asifa

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