Business and Economy

NGX All Share Index rises 0.94% with investors gaining N272 billion on Monday

The NGX All-Share Index rose a 0.94% and closed at 53,157.83 points. With the value of transactions increasing by 141.78%, trade turnover settled higher with 4,332 transactions involving 201.36 million shares worth N5.67 billion were completed.

The year-to-date (YTD) return increased to 3.72% and the market capitalization increased by N272.31 billion to close at N28.95 trillion.

The main factors behind the market’s good performance were AIRTELAFRI (+3.11%), ZENITHBANK (+0.80%), GTCO (+1.89%), and WAPCO (+1.63%). With 36.76 million units exchanged, ZENITHBANK (+0.80%) dominated the volume chart, while GEREGU (+10.00%) won the value chart with deals totaling 1.79 billion. On the gainer’s table, GEREGU (+10.00%) outperformed twenty-one (21) rivals, while WAPIC (-8.89%) outperformed ten (10) rivals.

NGX Market Indices  

  • NGX ASI:  53,157.83 points 
  • Previous ASI: 52,657.88 points 
  • Percentage Day Change: 0.94% 
  • Y-T-D: 3.02% 

NGX Market Capitalization:  N28,953 trillion 

  • Volume: 201.3 million 
  • Value: N5.66 billion            
  • Deals: 4,332 

NGX Top ASI gainers    

  • JOHNHOLT up + 10.00% to close at N1.21 
  • GEREGU up  + 10.00% to close at N176.00 
  • NAHCO up + 9.62% to close at N8.55 
  • INTENEGINS up + 9.52% to close at N0.69 
  • MAYBAKER up + 8.26% to close at N4.85 

 NGX Top ASI losers   

  • WAPIC down – 8.89% to close at N0.41 
  • TRIPPLEG down –8.57%  to close at N0.96 
  • ROYALEX down – 7.14% to close at N0.78 
  • HONYFLOUR down – 6.44% to close at N2.18 
  • UPDC down – 5.94% to close at N0.95 

NGX Top 3 by Volume

  • ZENITHBANK– 36,763,207 
  • GTCO –23,344,968 
  • TRANSCORP– 17,122,705

 NGX Top 3 by Value   

  • GEREGU  – N1,792,485,815. 
  • AIRTELAFRI – N1,065,275,623 
  • ZENITHBANK – N924,143,387 

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