Stock Market Report: Investors lose N137.17 billion as the NGX All-Share Index declines by 0.49%

Nigerian stocks lost the majority of their gains from yesterday today, as the benchmark index fell 0.49% to settle at 51,448.53 points. The year-to-date (YTD) return decreased as a result to 0.39%, and the market capitalization decreased by N137.17 billion to close at N28.02 trillion. The decrease in telco heavyweight AIRTELAFRI (-4.29%) was the main factor contributing to the market’s loss.

The value of transactions increased by 182.12% today indicating that trade turnover settled higher than it had the previous session. In 4,184 transactions, 337.27 million shares worth N8.20 billion were swapped.

With 151.39 million units traded, FBNH (+0.00%) dominated the volume chart, while BUACEMENT (+0.00%) headed the value chart with transactions totaling 2.92 billion.

At a ratio of 1.23 to 1, the market breadth closed in the positive, with more rising issues than declining ones. On the gainer’s table, MBENEFIT (+7.14%) outperformed fifteen (15) rivals, while NEM (-10.00%) outperformed twelve (12) rivals.

NGX Market Indices  

  • NGX ASI: 51,446.6 points 
  • Previous ASI: 51,693.08points 
  • Percentage Day Change: 0.47% 
  • Y-T-D: 0.28% 

NGX Market Capitalization: N28.02 Trillion 

  • Volume: 345.4 million 
  • Value: N8.2billion 
  • Deals: 4,184 

NGX Top ASI gainers    

  • THOMASWY up + 9.43% to close at N1.16 
  • MBENEFIT up  + 7.14% to close at N0.30 
  • ACADEMY up + 5.65% to close at N1.31 
  • LASACO up + 4.44% to close at N0.94 
  • CHAMS up + 4.35% to close at N0.24 

  NGX Top ASI losers   

  • NEM down – 10.00% to close at N4.05 
  • CHELLARAM down – 9.90% to close at N1.82 
  • CHAMPION  down – 9.58% to close at N4.34 
  • CORNERST down – 6.67% to close at N0.56  
  • HONYFLOUR down – 4.96% to close at N2.30 
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NGX Top 3 by Volume

  • FBNH – 151,387,974 
  • BUACEMENT–  30,458,503 
  • ZENITHBANK –  25,459,183 

  NGX Top 3 by Value   

  • BUACEMENT – N2,919,560,060 
  • FBNH– N1,696,960,422 
  • NESTLE – N1,019,395,554 

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