Tag
NGX
As of close of the market, the NGX market value stood at N24.2 trillion
The stock price drop can be attributed to investors’ negative sentiment which triggered sell-offs, plunging the company’s value down
Twenty-seven (27) equities appreciated during the week, higher than twenty (20) equities in the previous week
Volume in the sub-sector was largely driven by activities in the shares of Access Bank Plc and UBA Plc
Market breadth closed negative with 19 losers versus 12 gainers
The NGX also celebrated the Chartered Institute of Stockbrokers on its 30th anniversary with a closing gong ceremony
The top 10 stockbroking firms in Nigeria traded N80.9 billion worth of shares in October 2022
The exchange has had a good yield curve and is working with several other green bond issuers for new rounds
Market breadth closed positive as FTN COCOA led 10 gainers
Checks by Nairametrics showed that the cement stock grew by 8.84% to close at N240 per share from N220.50 the previous day
DANGCEM led 9 gainers while MRS led 23 losers at the end of today’s session
Market capitalization declined by N50.85 billion to close at N43,745.73 trillion, while the year-to-date returns settled at 2.41%