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


