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Nairametrics
Home Markets

NGX closes positive as investors gain N69 billion

Inimfon Asifa by Inimfon Asifa
February 22, 2023
in 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 0.23% to close at 54,315.53 points.

In the same vein, market capitalization grew by N69 billion to close at N29.588 trillion while the Year-to-Date (YtD) returns settled at 5.27%. The stock market has advanced by 2,719.87` basis points since the start of the year.

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Nigerian exchange jumps 16.60% in February as oil & gas lead 4 other sectors

March 2, 2026

Market breadth closed positive as MRS led 18 gainers, and 11 losers topped by MCNICHOLS at the end of today’s session.

Market Indices

  • NGX ASI: 54,315.53 points
  • Previous ASI: 54,189.31 points
  • Percentage Day Change: 0.23%
  • Y-T-D: 5.27%
  • Market Cap: N29,588 trillion
  • Volume: 129.9 million
  • Value: N3.92 billion
  • Deals: 2,678

NGX Top ASI gainers

  • GEREGU up + 10.00% to close at N246.40
  • JOHNHOLT up + 9.59% to close at N1.60
  • LIVINGTRUST up + 7.55% to close at N2.85
  • UPL up + 5.26% to close at N2.00
  • VERITASKAP up + 5.00% to close at N0.21

NGX Top ASI losers

  • MCNICHOLS down – 9.84% to close at N0.55
  • WAPIC down – 6.82% to close at N0.41
  • ROYALEX down – 6.67% to close at N0.70
  • MBENEFIT down – 5.88% to close at N0.32
  • CHAMS down – 3.70% to close at N0.26

Top 3 by Volume

  • AIICO– 16,176,252
  • ZENITHBANK – 13,000,968
  • GTCO – 12,389,432

Top 3 by Value

  • SEPLAT – N1,095,019,917
  • AIRTELAFRI – N969,692,119
  • GEREGU – N329,583,956

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Tags: AIICO Insurance - NewsNGXNigerian Exchange
Inimfon Asifa

Inimfon Asifa

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