Nigerian stock market closes bearish with market capital down N15 billion 

The Nigerian Exchange (NGX) closed negative amidst buy-interests and sell-offs as bears dominated proceedings, driving down the broad market.  

The All-share Index (ASI) depreciated by 0.05% to close at 55,794.51 points. In the same vein, Market Capitalization declined by N15 billion to close at N30.394 trillion while the Year-to-Date (YtD) returns settled at 8.13%. The stock market has advanced by 4,198.85 basis points since the start of the year.  

Market breadth closed negative as NCR led 9 gainers, and 18 losers topped by CONOIL at the end of today’s session.   

Market Indices  

• NGX ASI: 55,794.51 points  
• Previous ASI: 55,822.14 points  
• Percentage Day Change: 0.05%  
• Y-T-D: 8.13% 
• Market Cap: N30.394 trillion  
• Volume: 276 million  
• Value: N8.59 billion  
• Deals: 3,467 

NGX Top ASI gainers  

• NCR up + 9.89% to close at N2.89 
• NGXGROUP up + 7.26% to close at N28.80 
• ARDOVA up + 6.90% to close at N17.05 
• MANSARD up + 5.00% to close at N2.10 
• RTBRISCOE up + 3.85% to close at N0.27 

NGX Top ASI losers 

• CONOIL down – 9.95% to close at N38.00 
• CAVERTON down – 9.65% to close at N1.03 
• CHAMPION down – 8.00% to close at N4.60 
• HONYFLOUR down – 3.93% to close at N2.20 
• CHAMS down – 3.85% to close at N0.25 

Top 3 by Volume  

• TRANSCORP–87,372,916 
• BUACEMENT–70,943,613 
• UBA –13,782,015 

Top 3 by Value  

• BUACEMENT – N7,046,657,443 
• ZENITHBANK -N341,498,632 
• TRANSCORP– N119,907,588