Stock market investors lose N52 billion on Friday as the NGX All-Share Index falls by 0.18%

Investors in the Nigerian stock market today lost N52 billion as the NGX All-share Index (ASI) went down by 0.18% to close at 52,657.88 points.  This led to the Market Capitalization declining by N52 billion as it closed N28.681 trillion

The performance of the market as a whole was mostly influenced by selloffs in MTNN (-1.75%). The week’s loss was led by MTNN (-2.13% w/w), WAPCO (-0.20% w/w), and NB (-9.69% w/w), while gains were made by DANGCEM (+0.72% w/w), ZENITHBANK (+1.84% w/w), and GTCO (+1.45% w/w). On the gainer’s table, CAP (+9.83%) outperformed nineteen (19) competitors, while CUTIX (-8.11%) led ten (10) others on the laggard’s log.

Trade volume increased with a 15.93% increase in transaction value. In 3,599 transactions, a total of 171.11 million shares worth N2.34 billion were exchanged. With 26.64 million units traded, FIDELITYBK (+1.31%) headed the volume chart, and MTNN (-1.75%) led the value chart with trades totaling N407.50 million.

NGX Market Indices  

• NGX ASI: 52,657.88 points 
• Previous ASI: 52,752.96 points 
• Percentage Day Change: 0.18% 
• Y-T-D: 2.05%

NGX Market Capitalization:  N28,681 trillion

• Volume: 171.1 million 
• Value: N2.34 billion            
• Deals: 3,599 

NGX Top ASI gainers    

• CAP up + 9.83% to close at N19.55 
• NNFM up + 9.76% to close at N6.75 
• JAPAULGOLD up + 9.68% to close at N0.34 
• TRIPPLEG up + 9.38% to close at N1.05 
• CORNERST up + 9.26% to close at N0.59

 NGX Top ASI losers   

• CUTIX down – 8.11% to close at N2.04 
• INTBREW down –6.12% to close at N4.60 
• GLAXOSMITH down – 4.41% to close at N6.50 
• ACCESSCORP down – 4.26% to close at N9.00 
• GUINNESS down – 3.71% to close at N70.00

NGX Top 3 by Volume 

• FIDELITYBK – 26,644,503 
• CHAMS –17,789,792 
• FBNH – 15,136,342 

 NGX Top 3 by Value   

• MTNN – N407,497,606 
• GEREGU – N311,009,754 
• NGXGROUP – N222,565,655