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