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The stock market closes positive with Market Capitalization up N136 billion

Inimfon Asifa by Inimfon Asifa
April 25, 2023
in Markets, Stock Market
BREAKING NEWS: Nigerian Stocks post 4% gain after Emefiele suspension
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Key Highlights

  • Key market indices were up by 0.48 percent in Tuesday’s trading as the nation’s bourse again ended positive.
  • The stock market closes bullish as the market capitalization increased to N136 billion.
  • Market breadth closed positive with 33 gainers relative to 9 losers.

The Nigerian Exchange (NGX) closed positive amidst buying of interests and sell-offs, as bulls regain dominance, driving up the broad market.

The All-share Index (ASI) appreciated by 0.48% to close at 51,606.49 points.

In the same vein, Market Capitalization grew by N136 billion to close at N28,099 trillion while the Year-to-Date (YtD) returns settled at 0.02%. The stock market has advanced by 10.83 basis points since the start of the year.

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Market breadth closed positive as JAPAULGOLD led 33 gainers, and 9 losers topped by WAPIC at the end of today’s session.

Market Indices       

  • NGX ASI: 51,606.49 points
  • Previous ASI: 51,355.74 points
  • Percentage Day Change: 0.48%
  • Y-T-D: 0.02%
  • Market Cap: N28,099 trillion
  • Volume: 2.09 million
  • Value: N8.84 billion
  • Deals: 6,404

NGX Top ASI gainers

  • JAPAULGOLD up + 10.00% to close at N0.33
  • HONYFLOUR up + 9.91% to close at N2.55
  • BERGER up + 9.87% to close at N8.35
  • TRANSCORP up + 9.80% to close at N2.69
  • IKEJAHOTEL up + 9.35% to close at N1.52

NGX Top ASI losers

  • WAPIC down – 7.32% to close at N0.38
  • NGXGROUP down – 4.89% to close at N25.30
  • RTBRISCOE down –00% to close at N0.24
  • AIICO down – 3.64% to close at N0.53
  • ROYALEX down – 3.17% to close at N0.61

Top 3 by Volume

  • ACCESSCORP – 217,418,678
  • TRANSCORP – 111,499,753
  • FIDELITYBK-30,705,852 

Top 3 by Value

  • ACCESSCORP – N2,313,464,093
  • ZENITHBANK-N608,808,949
  • GTCO– N423,217,555

 


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Tags: AIICO Insurance - NewsNGX
Inimfon Asifa

Inimfon Asifa

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