Nigerian stock market closes positive as investors gain N207 billion

The Nigerian Exchange (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market.  

The All-share Index (ASI) appreciated by 0.69% to close at 55,328.42 points. In the same vein, Market Capitalization grew by N207 billion to close at N30.140 trillion while the Year-to-Date (YtD) returns settled at 7.23%. The stock market has advanced by 3,732.76` basis points since the start of the year.  

Market breadth closed positive as STANBIC led 28 gainers, and 9 losers topped by FTNCOCOA at the end of today’s session.  

Market Indices  

• NGX ASI:  55,328.42 points 
• Previous ASI: 54,949.21 points 
• Percentage Day Change: 0.69% 
• Y-T-D: 7.23%
• Market Cap: N30.140 trillion
• Volume: 149.7 million 
• Value: N1.54 billion 
• Deals: 3,186

NGX Top ASI gainers  

• STANBIC up + 10.00% to close at N37.95
• OANDO up + 10.00% to close at N4.40
• CILEASING up + 10.00% to close at N3.63
• CONOIL up + 9.98% to close at N46.85
• MRS up + 9.66% to close at N33.50

NGX Top ASI losers  

• FTNCOCOA down – 6.90% to close at N0.27
• UPDC down – 4.00% to close at N0.96
• JAPAULGOLD down – 3.45% to close at N0.28
• TRANSCORP down – 3.08% to close at N1.26
• MBENEFIT down – 3.03% to close at N0.32

Top 3 by Volume  

• OANDO – 14,287,192
• TRANSCORP – 11,716,195
• FIDELITYBK – 10,733,638

Top 3 by Value  

• ZENITHBANK – N205,550,033
• GTCO– N190,477,006
• DANGCEM – N115,115,091