NGX All-Share Index rose by 0.29% to settle at 52,752.96 points with investors gaining N84 billion
The stock market recovered from earlier-in-the-week losses today as the NGX All-Share Index rose by 0.29% to settle at 52,752.96 points, the highest level since June 14, 2022, signaling a recovery for the market. The market capitalization increased by N83.51 billion to close at N28.73 trillion, while the year-to-date (YTD) return increased to 2.93%. The index appears on course to post its third straight weekly rise since the week ended January 13 thanks to the gain.
Trade volume however decreased by 24.84% decrease in transaction value. In the end, 3,549 transactions totaling 139.68 million shares worth N2.02 billion were completed.
Gains in Tier-1 banking names ZENITHBANK (+0.82%), STANBIC (+1.54%), and ACCESSCORP (+4.44%) lifted the overall index when it came to market movers. GTCO (+0.00%) topped both the volume and value charts with trades totaling 17.79 million units and N433. 18 million. Twenty-one (21) other places were topped by GEREGU (+0.00%) on the gainer’s table, while four (4) places were topped by COURTVILLE (-7.84%) in the laggard’s log
NGX Market Indices
- NGX ASI: 52,752.96 points
- Previous ASI: 52,599.65 points
- Percentage Day Change: 0.29%
- Y-T-D: 2.24%
NGX Market Capitalization: N28,733 trillion
- Volume: 139.6 million
- Value: N2.02 billion
- Deals: 3,549
NGX Top ASI gainers
- GEREGU up + 10.00% to close at N147.40
- WAPIC up + 9.76% to close at N0.45
- CHELLARAM up + 9.70% to close at N1.81
- INTENEGINS up + 9.43% to close at N0.58
- TRIPPLEG up + 9.09% to close at N0.96
NGX Top ASI losers
- RTBRISCOE down – 9.09% to close at N0.30
- ROYALEX down –8.24% to close at N0.78
- COURTVILLE down – 7.84% to close at N0.47
- LINKASSURE down – 4.00% to close at N0.48
- TRANSCORP down – 0.82% to close at N1.21
NGX Top 3 by Volume
- GTCO – 17,792,614
- ACCESSCORP – 15,378,997
- FIDELITYBK – 11,903,528
NGX Top 3 by Value
- GTCO – N433,176,121
- GEREGU – N239,008,263
- ZENITHBANK – N142,091,992
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