• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Markets Equities

Equity market gains N45 billion to upturns previous day loss

Chris Ugwu by Chris Ugwu
May 4, 2023
in Equities, Stock Market
Weekly Stock Update: Nigerian Exchange Group records growth w-o-w, up by 0.12%
Share on FacebookShare on TwitterShare on Linkedin

Key Highlights

  • The Nigerian Exchange Limited (NGX) saw a gain of N45 billion in market capitalization as bulls regained control of the market.
  • The All-Share Index appreciated by 82.98 basis points or 0.16% to close at 52.290.75 index points as against 52.207.77 recorded the previous trading session.
  • A total of 33 gainers led by Mutual Benefits Assurance Plc against 18 losers led by Linkage Assurance Plc were recorded in the day’s trading, and a turnover of 1.27 billion shares valued at N7.01 billion was exchanged in 5,963 deals.

Trading activities on the floor of the Nigerian Exchange Limited (NGX) closed the trading day with a gain of N45 billion in market capitalization as bulls regained their grip on the local bourse.

Consequently, the All-Share Index appreciated by 82.98 basis points or 0.16% to close at 52.290.75 index points as against 52.207.77 recorded the previous trading session while market capitalisation of equities grew by N45 billion from N28.427 trillion the previous day to N28.472 trillion as market sentiment returned to the positive territory.

The local bourse recorded 33 gainers led by Mutual Benefits Assurance Plc against 18 losers led by Linkage Assurance Plc to close the market breath positive.

MoreStories

Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

First HoldCo leads market activity as All-Share Index breaches 252,500 level

May 13, 2026
First HoldCo Plc Group Chairman, Mr Olufemi Otedola

Femi Otedola acquires First HoldCo shares worth over N43 billion 

May 13, 2026

Meanwhile, a turnover of 1.27 billion shares exchanged in 5,963 deals was recorded in the day’s trading.

Further analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions down by 39.36%. A total of 1.27 billion shares valued at N7.01 billion were exchanged in 5,963 deals. Transcorp with a drop of -6.11% led the volume chart with 811.20 million units traded while Access Holdings with a gain of +1.90% led the value chart.

Market Indices 

NGX ASI: 52.290.75 points

Previous ASI: 52.207.77 points

% Day Change: 0.16% 

% Y-t-D: 2.03%

Market Cap (N): 28.472 trillion

Volume: 1.27 billion

Value (N):  7.01 billion

Deals: 5,963

NGX Top ASI gainers

Mutual Benefit up +10% to close at N0.33

NEM up +9.64% to close at N4.55

CWG up +9.09% to close at N1.20

Ardova up +8.47% to close at N19.85

Prestige up +8.33% to close at N0.39

NGX Top ASI losers  

Linkage down – 9.43% to close at N0.48

MCNichols down – 8.86% to close at N0.72

Red Star down –8.73% to close at N2.30

UPL down – 8.29% to close at N1.66

Champion down –7.62% to close at N4.00


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Equity market
Chris Ugwu

Chris Ugwu

Chris is a Senior Financial Analyst at Nairametrics Advocates Limited with over a decade stint in active journalism and public relations practice.

Next Post
Reps move to probe why FG’s N3.4 billion solar power project failed,CEOs of MTN, Airtel, others risk arrest as Reps investigate foreign exchange frauds, Amid Coronavirus spread in Nigeria, lawmakers take delivery of exotic cars, NLC hastens House of reps to criminalise casualization of workers

House of Reps approves President Buhari’s N23.7 trillion Ways and Means loan request

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Luis Figo
rabafast
nairametrics




DUNS

Follow us on social media:

  • ABOUT US
  • CONTACT US
  • PRODUCTS
  • ANDROID APP
  • iOS APP
  • DISCLAIMER
  • CAREERS
  • PRIVACY POLICY

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics