NGX Down By 0.07% As Market Cap Lost N19 Billion


The Nigerian Bourse (NGX) closed negative amidst buy-interests and sell-offs as bears dominated proceedings, weighing down the broad market by 7 basis points. The All-share Index (ASI) depreciated by 0.07% to close at 47,531.84 points.

In the same vein, Market Capitalization declined by N19 billion to close at N25.889 trillion while the Year-to-Date (YtD) returns settled at 11.27%. The stock market has advanced by 4,815.40 base points since the start of the year.

Market breadth closed negative as REDSTASR led 9 gainers, and 18 Losers topped by GSPECPLC at the end of today’s session.

Market Indices
NGX ASI: 47,531.84 points
Previous ASI: 47,565.92 points
% Day Change: 0.07%
% Y-t-D: 11.27%
Market Cap (N): 25.889 trillion

Volume: 155,181,080
Value (N): 3.66 billion
Deals: 3,797
NGX Top ASI gainers
REDSTAREX up +8.94% to close at N2.30
MAYBAKER up +3.70% to close at N4.20
OANDO up + 2.27% to close at N4.50
CORNERST up +1.85% to close at N0.55
STERLNBANK up +1.31% to close at N1.55

NGX Top ASI losers
GSPECPLC down – 9.82% to close at N2.48
HONYFLOUR down – 9.77% to close at N1.94
LIVESTOCK down – 9.65% to close at N1.03
RTBRISCOE down – 8.82% to close at N0.31
CHAMS down – 7.14% to close at N0.26
Top 3 by Volume
MBENEFIT – 41,924,472
GTCO – 28,481,205
ZENITHBANK – 11,815,532
Top 3 by Value
DANGCEM – N2,061,648,466.20
AIRTELAFRI – N486,769,500.00
GTCO – N480,094,947.15

Source: Nairametrics