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Nairametrics
Home Markets

Nigerian stock market ends on a high note with Market Capitalization up N75 billion

Inimfon Asifa by Inimfon Asifa
April 27, 2023
in Markets, Stock Market
Financial experts , NGX

Image credit: Nairametrics file

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Article Summary

  • Key market indices were up by 0.26 per cent in Thursday’s trading as the nation’s bourse again ended positive.
  • The stock market closes bullish as the market capitalization increased to N75 billion.
  • Market breadth closed positive with 26 gainers relative to 18 losers.

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

The All-share Index (ASI) appreciated by 0.26% to close at 52,235.88 points.

In the same vein, Market Capitalization grew by N75 billion to close at N28,442 trillion while the Year-to-Date (YtD) returns settled at 1.24%. The stock market has advanced by 640.33 basis points since the start of the year.

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Market breadth closed positive as HONYFLOUR led 26 gainers, and 18 losers topped by NB at the end of today’s session.

Market Indices       

  • NGX ASI: 52,235.88 points
  • Previous ASI: 52,097.62 points
  • Percentage Day Change: 0.26%
  • Y-T-D: 1.24%
  • Market Cap: N28,442 trillion
  • Volume: 2.33 million
  • Value: N17.6 billion
  • Deals: 6,958

NGX Top ASI gainers

  • HONYFLOUR up + 10.00% to close at N3.08
  • CADBURY up + 9.82% to close at N12.30
  • NEIMETH up + 9.52% to close at N1.38
  • FIDSON up + 9.29% to close at N9.29
  • CWG up + 9.09% to close at N0.96

NGX Top ASI losers

  • NB down – 10.00% to close at N32.85
  • INTENEGINS down – 9.49% to close at N1.24
  • REDSTAREX down –93% to close at N2.55
  • BERGER down – 7.19% to close at N7.10
  • LASACO down – 5.04% to close at N1.13

Top 3 by Volume

  • ACCESSCORP– 1,231,905,952
  • TRANSCORP – 873,594,710
  • JAPAULGOLD- 45,393,952

Top 3 by Value

  • TRANSCORP– N2,750,196,073
  • ACCESSCORP -N12,510,837,727
  • GTCO– N375,535,908

 


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Inimfon Asifa

Inimfon Asifa

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