Nigerian stock market closes negative as investors lose N127 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 0.41% to close at 55,490.2 points. In the same vein, Market Capitalization declined by N127 billion to close at N30.228 trillion while the Year-to-Date (YtD) returns settled at 7.54%. The stock market has advanced by 3,894.54 basis points since the start of the year.  

Market breadth closed negative as PRESTIGE led 11 gainers, and 19 losers topped by UCAP at the end of today’s session.  

Market Indices  

• NGX ASI: 55,490.2 points  
• Previous ASI: 55,722.9 points  
• Percentage Day Change: 0.41%  
• Y-T-D: 7.54% 
• Market Cap: N30.228 trillion  
• Volume: 181.1 million  
• Value: N3.40 billion  
• Deals: 3,908 

NGX Top ASI gainers  

• PRESTIGE up + 7.89% to close at N0.41 
• VERITASKAP up + 5.00% to close at N0.21 
• NGXGROUP up + 4.87% to close at N28.00 
• UNILEVER up + 3.70% to close at N14.00 
• JAPAULGOLD  up + 3.57% to close at N0.29 

NGX Top ASI losers 

• UCAP down – 9.30% to close at N11.70 
• UPL down – 7.50% to close at N1.85 
• GLAXOSMITH down – 7.46% to close at N6.20 
• NEIMETH down –7.01% to close at N1.46 
• OANDO down – 6.74% to close at N4.01 

Top 3 by Volume  

• GTCO  –33,850,599 
• TRANSCORP–20,126,541 
• ZENITHBANK  –18,560,024 

Top 3 by Value  

• GTCO– N841,945,235 
• FLOURMILL -N573,142,314 
• ZENITHBANK– N454,670,529