Nigerian Exchange Closes Negative As Market Cap Loses N19 Billion

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The Nigerian Exchange Group (NGX) closed negative amidst buy-interests and sell-offs as activities of the bulls and bears drove down the broad market by 7 basis points. The All-share Index (ASI) depreciated by 0.07% to close at 49,540.48 points.

In the same vein, market capitalization dropped by N19 billion to close at N26.72 trillion while the year-to-date (YtD) returns settled at 15.98%. The stock market has advanced by 6,824.04 base points since the start of the year.

On a sectoral level, 4 of the 5 major indices of the Nigerian Exchange closed negative with NGX Consumer Goods, Oil and Gas, Insurance and Banking indices down by 0.26%, 0.16%, 0.18%, and 0.09 respectively, and NGX Industrial closed flat at 0.00%.

Nigerian Exchange Closes Negative As Market Cap Loses N19 Billion

Market Indices
NGX ASI: 49,540.48 points
Previous ASI: 49,540.48 points
% Day Change: 0.07%
% Y-t-D: 15.98%
Market Cap (N): 26.721 trillion
Volume: 167,607,573
Value (N): 1.26 billion
Deals: 3,458
NGX Top ASI gainers
SOVRENINS up +8.00% to close at N0.27
CADBURY up +7.14% to close at N13.35
COURTVILLE up + 3.70% to close at N0.49
ZENITHBANK up +3.60% to close at N19.65
UBA up +3.00% to close at N7.45
NGX Top ASI losers
UACN down – 9.38% to close at N10.25
UPDCREIT down – 9.09% to close at N3.20
VITAFOAM down – 5.26% to close at N20.00
UPDC down – 4.87% to close at N0.95
CHIPLC down – 3.51% to close at N0.59
Top 3 by Volume
COURTVILLE – 38,811,316
ACCESSCORP – 28,471,662
FIDELITYBK – 10,819,446
Top 3 by Value
ACCESSCORP – N249,362,171.10
SEPLAT – N196,441,290.00
ZENITHBANK – N167,949,381.25