BUSINESS

NGX Closes Positive As Market Capitalization Grows By N253billion

The Nigerian Bourse (NGX) on Firday closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, increasing the broad market by 89 basis points.

NewsBeatng reports that the All-share Index (ASI) appreciated by 0.89% to close at 52,512.48 points.   

In the same vein, Market Capitalization grew by N253 billion to close at N28.602 trillion while the Year-to-Date (YtD) returns settled at 2.46%. The stock market has advanced by 463.63 basis points since the start of the year.   

Market breadth closed positive as BERGER led 36 gainers, and 12 Losers topped by LASACO at the end of today’s session. 

Market Indices  

NGX ASI: 52,512.48 points  

Previous ASI: 52,048.85 points  

% Day Change: 0.89%  

% Y-t-D: 2.46% 

Market Cap (N): 28.602 trillion  

Volume: 217,162,132 

Value (N): 2.55 billion  

Deals: 4,591 

NGX Top ASI gainers    

BERGER up +10.00% to close at N6.60 

LINKASSURE up +10.00% to close at N0.44 

TOTAL up + 10.00% to close at N212.30 

THOMASWY up +9.63% to close at N1.48 

PRESTIGE up +9.52% to close at N0.46 

NGX Top ASI losers   

LASACO down – 10.00% to close at N0.99 

CWG down – 9.52% to close at N0.95 

CHELLARAM down – 9.46% to close at N1.34 

ROYALEX down – 7.14% to close at N0.91 

FIDSON down – 4.16% to close at N9.34 

Top 3 by Volume   

ZENITHBANK – 20,310,743 

GTCO  – 18,202,591 

UBA – 17,145,968 

Top 3 by Value  

ZENITHBANK – N517,738,260.45 

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GTCO – N449,906,954.55 

MTNN – N355,445,563.50 

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