Nigerian stock market closes negative as investors lose N36 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 0.12% to close at 55,722.9 points. In the same vein, Market Capitalization declined by N36 billion to close at N30.355 trillion while the Year-to-Date (YtD) returns settled at 7.99%. The stock market has advanced by 4,127.24 basis points since the start of the year.  

Market breadth closed negative as ENAMELWA led 9 gainers, and 17 losers topped by CHAMS at the end of today’s session.   

Market Indices  

• NGX ASI: 55,722.9 points  
• Previous ASI: 55,788.37 points  
• Percentage Day Change: 0.12%  
• Y-T-D: 7.99% 
• Market Cap: N30.355 trillion 
• Volume: 199.2 million  
• Value: N2.81 billion  
• Deals: 3,898 

 NGX Top ASI gainers  

• ENAMELWA up + 9.57% to close at N17.75 
• FTNCOCOA up + 7.69% to close at N0.28 
• STERLNBANK up + 3.42% to close at N1.51 
• UACN up + 3.26% to close at N9.50 
• NGXGROUP up + 2.69% to close at N26.70 

NGX Top ASI losers 

• CHAMS down – 8.00% to close at N0.23 
• PRESTIGE down – 7.32% to close at N0.38 
• LINKASSURE down – 6.82% to close at N0.41 
• UPDC down – 6.80% to close at N0.96 
• WEMABANK down – 6.05% to close at N4.04 

Top 3 by Volume  

• STERLNBANK –31,092,585 
• NEIMETH –20,177,846 
• ZENITHBANK  –16,510,724 

Top 3 by Value  

• AIRTELAFRI – N677,996,373 
• ZENITHBANK -N412,519,094 
• MTNN– N283,540,775