The stock market closes positive as investors gain N18 billion

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 0.05% to close at 54,936.11 points. In the same vein, Market Capitalization grew by N18 billion to close at N29.927 trillion while the Year-to-Date (YtD) returns settled at 6.47%. The stock market has advanced by 3,340.45 basis points since the start of the year.

Market breadth closed negative as WAPIC led 9 gainers, and 14 losers topped by NCR at the end of today’s session.

Market Indices          

• NGX ASI: 54,936.11points
• Previous ASI: 54,904.68 points
• Percentage Day Change: 0.05%
• Y-T-D: 6.47%
• Market Cap: N29,927trillion
• Volume: 134.1million
• Value: N1.33billion
• Deals:2,479

NGX Top ASI gainers

• WAPICup + 2.44% to close at N0.42
• GTCOup + 2.44% to close at N25.20
• LINKASSUREup + 2.22% to close at N0.46
• LASACOup + 2.04% to close at N1.00
• TRANSCORPup + 1.56% to close at N1.30

NGX Top ASI losers

• NCRdown – 9.69% to close at N2.61
• FTNCOCOAdown – 6.90% to close at N0.27
• JAPAULGOLDdown – 6.67% to close at N0.28
• CUTIXdown – 4.95% to close at N2.11
• CHIPLCdown – 4.62% to close at N0.62

Top 3 by Volume

• TRANSCORP–28,122,091
• UBA–21,231,993
• COURTVILLE–19,127,715

Top 3 by Value

• GTCO– N336,904,357
• UBA-N170,415,095.
• ZENITHBANK– N153,960,358