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Home Markets Equities

Nigerian stock market closes positive as investors gain N207 billion

Inimfon Asifa by Inimfon Asifa
February 27, 2023
in Equities, Markets, Stock Market
BREAKING NEWS: Nigerian Stocks post 4% gain after Emefiele suspension
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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 0.69% to close at 55,328.42 points. In the same vein, Market Capitalization grew by N207 billion to close at N30.140 trillion while the Year-to-Date (YtD) returns settled at 7.23%. The stock market has advanced by 3,732.76` basis points since the start of the year.  

Market breadth closed positive as STANBIC led 28 gainers, and 9 losers topped by FTNCOCOA at the end of today’s session.  

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Market Indices  

  • NGX ASI:  55,328.42 points 
  • Previous ASI: 54,949.21 points 
  • Percentage Day Change: 0.69% 
  • Y-T-D: 7.23%
  • Market Cap: N30.140 trillion
  • Volume: 149.7 million 
  • Value: N1.54 billion 
  • Deals: 3,186

NGX Top ASI gainers  

  • STANBIC up + 10.00% to close at N37.95
  • OANDO up + 10.00% to close at N4.40
  • CILEASING up + 10.00% to close at N3.63
  • CONOIL up + 9.98% to close at N46.85
  • MRS up + 9.66% to close at N33.50

NGX Top ASI losers  

  • FTNCOCOA down – 6.90% to close at N0.27
  • UPDC down – 4.00% to close at N0.96
  • JAPAULGOLD down – 3.45% to close at N0.28
  • TRANSCORP down – 3.08% to close at N1.26
  • MBENEFIT down – 3.03% to close at N0.32

Top 3 by Volume  

  • OANDO – 14,287,192
  • TRANSCORP – 11,716,195
  • FIDELITYBK – 10,733,638

Top 3 by Value  

  • ZENITHBANK – N205,550,033
  • GTCO– N190,477,006
  • DANGCEM – N115,115,091

Follow us for Breaking News and Market Intelligence.
Tags: MRS Oil Nigeria - NewsNGX
Inimfon Asifa

Inimfon Asifa

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