Stock Market starts the week on a negative note


The Nigerian Exchange Limited (NGX) closed today’s trading session with a loss of N64 billion in market capitalization as bears regained dominance on the local bourse. 

The All Share Index (ASI) decreased by 0.24% to close at 47,436.45 points. In the same vein, market capitalization depreciated by N64 billion. 

As of the close of the market on Monday, the stock market value stood at N25.8 trillion. Since the start of the year, the stock market has advanced by 4720.01 basis points or 11.04%. 

Meanwhile, market breadth closed negative as PRESTIGE led 15 gainers, with 17 losers topped by BETAGLAS at the end of today’s session. 

Market Indices 

NGX ASI: 47,436.45 points 

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Previous ASI: 47,554.34 points 

Percentage Day Change: 0.24% 

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% Y-t-D: 11.04% 

Market Cap: N25,837 trillion 

Volume: 279.2 million 

Value: N1.56billion 

Deals: 3,781 

NGX Top ASI gainers 

PRESTIGE up +9.30% to close at N0.47 

NEM up +9.22% to close at N4.50 

COURTVILLE up + 8.70% to close at N0.50 

THOMASWY up +8.33% to close at N0.39 

UNITYBNK up +7.55% to close at N0.57 

NGX Top ASI losers 

BETAGLAS down – 9.90% to close at N39.60 

MCNICHOLS down – 9.68% to close at N0.56 

SCOA down – 9.40% to close at N1.06 

JAIZBANK down – 6.82% to close at N0.82 

WAPIC down – 5.71% to close at N0.33 

Top 3 by Volume 

REGALINS– 97,634,733 

JAIZBANK – 65,420,541 

UBA – 22,925,697 

Top 3 by Value 

BUACEMENT – N268,667,857 

UBA – N167,354,492 

NESTLE- N159,174,813 

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