NGX closes flat as ASI gains N4 billion

Nigeria’s stock exchange market closed flat yesterday, Friday 6th August 2021, as the benchmark index (ASI) increased marginally by 2 basis points, while the market capitalization increased by N4 billion. The NGX ASI closed at 38,810.75 points, to reflect a gain of 0.02% from the previous day.

The stock exchange market value currently stands at N20.22 trillion. Its Year-to-Date (YTD) returns are currently settled at –3.63%.

The market breadth closed negative as TRANSCORP led 10 Gainers, and 12 Losers topped by JULI at the end of today’s session.

The stock market has declined -1,459.97 basepoints since the start of the year.

NGX ASI top gainers

• TRANSCORP up +9.80% to close at N3.92
• REGALINS up +6.67% to close at N0.48
• OANDO up +4.13% to close at N4.79
• ARDOVA up +3.33% to close at N15.50
• CUTIX up +2.73% to close at N5.65

NGX ASI top losers

• JULI down –9.76% to close at N1.11
• AFRIPRUD down –5.51% to close at N6.00
• CHIPLC down –3.28% to close at N0.59
• MBENEFIT down –2.63% to close at N0.37
• VITAFOAM down –2.60% to close at N15.00

NGX ASI top traded by volume

• FBNH – 27,279,144.00 units
• GTCO – 14,383,404.00 units
• TRANSCORP – 13,025,267.00 units
• FCMB – 12,260,805.00 units
• WEMABANK – 12,085,343.00 units

NGX ASI top traded by value

• GTCO – N404,036,087.85
• DANGCEM – N293,520,778.80
• FBNH – N199,561,370.45
• ZENITHBANK – N146,512,859.55
• MTNN – N94,572,921.10

Market sentiments trend towards the bulls despite the market differential being in favour of the decliners as 10 gainers were surpassed by 12 losers.