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Home Markets Equities

Nigerian stock market closes positive as investors gain N107 billion

Inimfon Asifa by Inimfon Asifa
March 8, 2023
in Equities, Stock Market
stock market
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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 0.35% to close at 55,801.14 points. In the same vein, Market Capitalization grew by N107 billion to close at N30.397 trillion while the Year-to-Date (YtD) returns settled at 8.15%. The stock market has advanced by 4,205.48 basis points since the start of the year.  

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

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Market Indices  

  • NGX ASI: 55,801.14 points  
  • Previous ASI: 55,603.94 points  
  • Percentage Day Change: 0.35%  
  • Y-T-D: 8.15% 
  • Market Cap: N30.397 trillion  
  • Volume: 152.7million  
  • Value: N3.57 billion  
  • Deals: 3,293 

NGX Top ASI gainers  

  • TRANSEXPR up + 9.88% to close at N0.89 
  • CUTIX up + 8.50% to close at N2.17 
  • FTNCOCOA up + 7.69% to close at N0.28 
  • SOVRENINS up + 7.14% to close at N0.30 
  • HONYFLOUR up + 6.39% to close at N2.33 

NGX Top ASI losers 

  • MRS down – 9.98% to close at N27.95 
  • ABCTRANS down – 7.89% to close at N0.35 
  • CHAMS down – 7.41% to close at N0.25 
  • ARDOVA down – 6.20% to close at N17.40 
  • ROYALEX down – 5.33% to close at N0.71 

Top 3 by Volume  

  • COURTVILLE–7,324,308 
  • UBA –12,749,020 
  • GTCO–6,261,268 

Top 3 by Value  

  • DANGCEM – N2,088,236,731 
  • GTCO-N335,933,612 
  • ZENITHBANK– N162,465,690 

 

 

 


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Tags: NGX ASI Top gainers
Inimfon Asifa

Inimfon Asifa

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