The stock market closes positive with Market Capitalization up N136 billion

Key Highlights

• Key market indices were up by 0.48 percent in Tuesday’s trading as the nation’s bourse again ended positive.
• The stock market closes bullish as the market capitalization increased to N136 billion.
• Market breadth closed positive with 33 gainers relative to 9 losers.

The Nigerian Exchange (NGX) closed positive amidst buying of interests and sell-offs, as bulls regain dominance, driving up the broad market.

The All-share Index (ASI) appreciated by 0.48% to close at 51,606.49 points.

In the same vein, Market Capitalization grew by N136 billion to close at N28,099 trillion while the Year-to-Date (YtD) returns settled at 0.02%. The stock market has advanced by 10.83 basis points since the start of the year.

Market breadth closed positive as JAPAULGOLD led 33 gainers, and 9 losers topped by WAPIC at the end of today’s session.

Market Indices       

• NGX ASI: 51,606.49 points
• Previous ASI: 51,355.74 points
• Percentage Day Change: 0.48%
• Y-T-D: 0.02%
• Market Cap: N28,099 trillion
• Volume: 2.09 million
• Value: N8.84 billion
• Deals: 6,404

NGX Top ASI gainers

• JAPAULGOLD up + 10.00% to close at N0.33
• HONYFLOUR up + 9.91% to close at N2.55
• BERGER up + 9.87% to close at N8.35
• TRANSCORP up + 9.80% to close at N2.69
• IKEJAHOTEL up + 9.35% to close at N1.52

NGX Top ASI losers

• WAPIC down – 7.32% to close at N0.38
• NGXGROUP down – 4.89% to close at N25.30
• RTBRISCOE down –00% to close at N0.24
• AIICO down – 3.64% to close at N0.53
• ROYALEX down – 3.17% to close at N0.61

Top 3 by Volume

• ACCESSCORP – 217,418,678
• TRANSCORP – 111,499,753
• FIDELITYBK-30,705,852 

Top 3 by Value

• ACCESSCORP – N2,313,464,093
• ZENITHBANK-N608,808,949
• GTCO– N423,217,555