Bulls continued to hold sway over the local stock exchange as the Nigerian Exchange Limited (NGX) ended today’s trading session with a gain of N517 billion in market capitalization.
The All Share Index (ASI), which closed at 47,554.34 points, rose 2.85%. The market capitalization increased by N517 billion in a similar vein.
The value of the stock market was N25.9 trillion as of Friday’s market close. The stock market has increased by 4837.9 basis points, or 11.32%, since the year’s beginning.
In the meantime, market breadth ended the day in the positive, with REDSTAREX leading 18 gainers and CAPHOTEL leading 8 losers.
Market Indices
NGX ASI: 47,554.34 points
Previous ASI: 46,232.37
Percentage Day Change: 2.85%
% Y-t-D: 11.32%
Market Cap: N25,901 trillion
Volume: 98.9 million
Value: N5.52billion
Deals: 2,780
NGX Top ASI gainers
REDSTAR up +9.66% to close at N2.27
REGALINS up +8.70% to close at N0.25
LIVESTOCK up + 8.16% to close at N1.06
PRESTIGE up +7.50% to close at N0.43
AIRTELAFRI up +7.41% to close at N1,450.00
NGX Top ASI losers
CAPHOTEL down – 10.00% to close at N3.06
NESTLE down – 10.00% to close at N963.90
INTBREW down – 2.27% to close at N4.30
GTCO down – 1.48% to close at N20.00
WEMABANK down – 0.97% to close at N3.07
Top 3 by Volume
FCMB– 16,842,91
MTNN – 16,416,748
FIDELITYBK – 7,539,199
Top 3 by Value
MTNN- N3,296,394,058
AIRTELAFRI – N825,727,138
NESTLE- N666,952,742
Market sentiment trended towards the bulls with the market differential of `8 losers surpassed by 18 gainers.