Stocks News

The stock market closes unfavorable as investors lose N569 billion

Key Highlights

  • Key market indices rating been down by 1.94 percent in Tuesday’s purchasing and selling because the nation’s bourse again ended unfavorable.
  • The stock market closes bearish because the market capitalization declines by N569 billion
  • Market breadth closed unfavorable with 4 gainers relative to twenty-eight losers.

The Nigerian Alternate (NGX) closed unfavorable amidst aquire-interests and promote-offs as bears gather dominance, driving down the tall market.

The All-piece Index (ASI) depreciated by 1.94% to shut at 51,952.99 capabilities.

Within the identical vein, Market Capitalization declined by N569 billion to shut at N28,300 trillion while the 12 months-to-Date (YtD) returns settled at 0.69%. The stock market has superior by 357.33 foundation capabilities for the explanation that beginning of the 12 months.

Market breadth closed unfavorable as CAVERTON led 4 gainers, and 28 losers topped by  AIRTELAFRI on the tip of this day’s session.

Market Indices       

  • NGX ASI: 51,952.99 capabilities
  • Earlier ASI: 52,994.13 capabilities
  • Percentage Day Change: 1.94%
  • Y-T-D: 0.69%
  • Market Cap: N28.300 trillion
  • Volume: 1.72 million
  • Price: N4.78 billion
  • Presents: 4,286

 NGX Top ASI gainers

  • CAVERTON up + 8.25% to shut at N 05
  • NAHCO up + 3.06% to shut at N 10
  • TRANSCORP up + 2.19% to shut at N1.40
  • STERLING NG up + 1.35% to shut at N1.50
  • TRANSCOHOT up + 0.00% to shut at N6.90

NGX Top ASI losers

  • AIRTELAFRI down – 10.00% to shut at N1198.00
  • CHIPLC down – 9.09% to shut at N0.60
  • ROYALEX down –09% to shut at N0.60
  • MULTIVERSE down – 8.75% to shut at N2.40
  • NEIMETH down – 8.28% to shut at N1.33

Top 3 by Volume

  • TRANSCORP – 1,553,851,363
  • ZENITH BANK– 44,457,462
  • UBA- 20,984,158

Top 3 by Price

  • TRANSCORP– N2,101,579,076
  • ZENITH BANK-N1,133,622,327
  • AIRTELAFRI– N348,845,620

Learn More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button