NGX ends the week positive as investors gain N117 billion

The Nigerian Exchange (NGX) closed positive after a day of buy-ins and sell-offs, with bulls dominating the market.

The All-Share Index (ASI) rose 2.29% to 54,213.09 points at the close.

Similarly, market capitalization increased by N117 billion to N29.528 trillion, while Year-to-Date (YtD) returns settled at 5.07%. Since the beginning of the year, the stock market has gained 2,617.43 basis points.

Market breadth ended up being positive. At the end of today’s session, REDSTAREX led 35 gainers and 10 losers, followed by IKEJAHOTEL.

Market Indices  

• NGX ASI: 54,213.09 points  
• Previous ASI: 53,998.12 points  
• Percentage Day Change: 2.29%  
• Y-T-D: 5.07%  
• Market Cap: N29. 528 trillion  
• Volume: 268 million  
• Value: N2.35 billion  
• Deals: 4,017 

NGX Top ASI gainers  

• REDSTAREX up + 10.00% to close at N2.53 
• FTNCOCOA up + 10.00% to close at N0.33 
• INTENEGINS up + 10.00% to close at N0.99 
• MRS up + 9.94% to close at N19.35 
• NNFM up + 9.55% to close at N9.75 

NGX Top ASI losers  

• IKEJAHOTEL down – 10.00% to close at N0.99 
• LASACO down – 5.88% to close at N0.96 
• ABCTRANS down – 5.41% to close at N0.35 
• UNIVINSURE down – 4.76% to close at N0.20 
• MAYBAKER down – 2.89% to close at N4.71 

Top 3 by Volume  

• UNIVINSURE– 63,357,952 
• GTCO– 20,798,783 
• TRANSCORP– 19,462,488 

Top 3 by Value  

• GTCO – N522,208,107 
• NESTLE– N206,611,988 
• ZENITHBANK – N200,335,769