Investors gain N262 billion as NGX closes on bullish note

Investors gain N262 billion as NGX closes on bullish note

The Nigerian Exchange Limited (NGX) closed with a profit of N262 billion as the bulls regained control and drove the broad market up by 481.51 basis points.

As of its closing point of 44,492.73 points, the All Share Index (ASI) had gained 1.09%. The market capitalization increased by N262 billion in a similar vein.

The BGX market value was N24.2 trillion as of Friday, November 18, 2022, when the market closed.

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At the end of today’s session, FIDSON led 11 losers while NB led 20 gainers in the market’s positive closing breadth.

The stock market has increased by 1,776.29 basis points, or 4.15%, since the beginning of the year.

Market Indices

  • NGX ASI: 44,492.73 points
  • Previous ASI: 44,011.22 points
  • % Day Change: 1.09%
  • % Y-t-D: 4.15%
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Market Cap (N): 24.233 trillion

  • Volume: 146.6 million
  • Value (N): 1.23 billion
  • Deals: 3,028

NGX Top ASI gainers

  • NB up +10.00% to close at N41.25
  • UBN up +9.24 % to close at N6.50
  • ABCTRANS up + 8.70% to close at N0.25
  • MANSARD up +7.27% to close at N1.77
  • UCAP up +6.64 % to close at N12.05

NGX Top ASI losers

  • FIDSON down – 9.34% to close at N8.15
  • WAPIC down – 8.33% to close at N0.33
  • REGALINS down – 8.00% to close at N0.23
  • SOVRENINS down – 7.69% to close at N0.24
  • MBENEFIT down – 3.57% to close at N0.27
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Top 3 by Volume

  • TRANSCORP – 24,360,687
  • FBNH – 21,761,678
  • COURTVILLE – 16,971,925

Top 3 by Value

  • FBNH- N 237,352,064
  • MTNN -N 232,096,243
  • ZENITHBANK – N 104,235,521
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