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NGX closes bullish with market capital up N12 billion 

Inimfon Asifa by Inimfon Asifa
March 9, 2023
in Markets, Stock Market
Eterna records 19.12% loss in market value to lead weekly losers as sell pressure deepens
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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 0.03% to close at 55,822.14 points. In the same vein, Market Capitalization grew by N12 billion to close at N30.409 trillion while the Year-to-Date (YtD) returns settled at 8.19%. The stock market has advanced by 4,226.48 basis points since the start of the year.  

Market breadth closed negative as TRANSCORP led 12 gainers, and 19 losers topped by NCR at the end of today’s session.  

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Market Indices  

  • NGX ASI: 55,822.14 points  
  • Previous ASI: 55,801.14 points  
  • Percentage Day Change: 0.03%
  • Y-T-D: 8.19% 
  • Market Cap: N30.409 trillion  
  • Volume: 311.4 million  
  • Value: N3.09 billion  
  • Deals: 3,627 

NGX Top ASI gainers  

  • TRANSCORP up + 8.66% to close at N1.38 
  • ROYALEX up + 5.63% to close at N0.75 
  • CHAMPION up + 4.60% to close at N5.00
  • CHAMS up + 4.00% to close at N0.26 
  • LIVINGTRUST up + 4.21% to close at N2.97 

NGX Top ASI losers 

  • NCR down – 9.93% to close at N2.63 
  • CONOIL down – 9.93% to close at N42.20 
  • UPL down – 9.00% to close at N1.82 
  • PRESTIGE down – 8.89% to close at N0.41 
  • ARDOVA down – 8.33% to close at N15.95 

Top 3 by Volume  

  • TRANSCORP– 179,841,931 
  • GTCO – 41,396,434 
  • ZENITHBANK – 18,492,661 

Top 3 by Value  

  • GTCO – N1,098,133,463 
  • ZENITHBANK -N480,368,051 
  • STANBIC – N317,984,041

Follow us for Breaking News and Market Intelligence.
Tags: NGXNigerian Exchange
Inimfon Asifa

Inimfon Asifa

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