Stock Market Closes Negative With N2 Trillion Market Capitalization Dropping

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Nigerian Exchange Limited (NGX) closed today’s trading session with a loss of N2 trillion in market capitalization as bears regain dominance on the local stock exchange.

The All Share Index (ASI) fell 0.01% to close at 47,656.64 points. Along the same lines, the market capitalization depreciated by N2 billion.

At market close on Thursday, the stock value stood at 25.9 trillion naira. Since the beginning of the year, the stock market has advanced 4904.2 basis points or 11.56%.

Meanwhile, the market breadth closed positive as UPDCREIT led 13 gains, with 11 losses surpassed by HONYFLOUR at the end of today’s session.

market indices

NGX UPS: 47,656.64 points

Previous UPS: 47,660.04 points

Day Change Percentage: 0.01%

% YtD: 11.56%

Market capitalization: N 25,957 trillion

Volume: 172.8 million

Value: N2.84 billion

Offers: 3,073

NGX ASI Top Gainers

UPDCREAT rose +9.09% to close at N3.00

MCNICHOLS rose +8.93% to close at N0.61

JAPAULGOLD was up +7.41% to close at N0.29

NB +7.14% to close at N45.00

ROYALEX rose +4.76% to close at N0.66

NGX Top ASI losers

HONYFLOUR down – 7.89% to close at N2.10

RTBRISCOE down – 7.41% to close at N0.25

WEMABANK down – 5.45% to close at N3.12

FCMB down -4.18% to close at N3.21

CUTIX down – 2.84% to close at N2.05

Top 3 by volume

FCMB – 49.801.524

COURTVILLE – 16,864,550

ACCESSCORP-11,962,498

Top 3 by value

MTNN-N891,982,061

AIRTELAFRI– N660.547.865.

ZENITHBANK – N221,417,191

… Stock market closes negative with market capitalization down 2 billion naira Read more on … Naijaonpoint.

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