Nigerian stock market closes negative with market capitalization down N32 billion

Nigerian stock market closes negative with market capitalization down N32 billion

The Nigerian Exchange (NGX) closed negative amidst buy-interests and sell-offs as bears dominated proceedings, driving down the broad market. 

The All-share Index (ASI) depreciated by 0.02% to close at 52,599.65 points.    

In the same vein, Market Capitalization declined by N32 billion to close at N28.649 trillion while the Year-to-Date (YtD) returns settled at 1.94%. The stock market has advanced by 1,003.99 basis points since the start of the year.    

Market breadth closed positive as CHELLARAM led 21 gainers, and 16 losers topped by THOMASWY at the end of today’s session. 

 Market Indices  

NGX ASI:  52,599.65points 
Previous ASI: 52,612.55 points 
Percentage Day Change: 0.02% 
Y-T-D: 1.94% 

Market Cap: N28,649 trillion 
Volume: 119.8 million 
Value: N2.68 billion            
Deals: 3,552 

NGX Top ASI gainers 

CHELLARAM up + 10.00% to close at N1.65 
TRIPPLEG up  + 10.00% to close at N0.88 
RTBRISCOE up + 10.00% to close at N0.33 
OKOMUOIL up + 9.76% to close at N181.10 
CAVERTON up + 8.42% to close at N1.03 

NGX Top ASI losers 

THOMASWY down – 9.66% to close at N1.31 
CORNERST down – 6.90% to close at N0.54 
GEREGU down – 5.90% to close at N134.00 
HONYFLOUR down – 5.15% to close at N2.21 
CWG down – 4.26% to close at N0.90 

Top 3 by Volume 

MBENEFIT – 11,258,018 
TRANSCORP – 8,751,948 
GEREGU – 8,536,440 

Top 3 by Value  

GEREGU – N1,143,976,583 
MTNN – N517,051,841 
GTCO – N161,997,631 

Related

Full Story: https://nairametrics.com/2023/01/25/nigerian-stock-market-closes-negative-with-market-capitalization-down-n32-billion/
TAGS: #Nigerian #stock #market #closes #negative #market #capitalization #N32 #billion

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