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The market closes higher as market capitalization increases by N136 billion

Apr 26, 2023 | Business | 0 comments

The bulls regained control of the Nigerian Exchange (NGX), pushing the whole market higher.

The ASI rose 0.48% to 51,606.49 points.

Market capitalization rose by N136 billion to N28,099 trillion, while YTD returns were 0.02%. Since January, stocks have gained 10.83 basis points.

Market breadth ended positive, with JAPAULGOLD leading 33 gainers and 9 losers, headed by WAPIC.

Market indices
51,606.49 points NGX ASI
ASI: 51,355.74
Percentage Change: 0.48%
Y-T-D: 0.02%

Capitalization: N28,099 trillion
2.09 million
N8.84 billion
6,404 deals

NGX ASI gainers
JAPAULGOLD is up 10.00% to N0.33. HONYFLOUR is up 9.91% to N2.55. BERGER is up 9.87% to N8.35. TRANSCORP up 9.80% to N2.69 IKEJAHOTEL is up 9.35% to N1.52.

Leading ASI decliners
WAPIC is down 7.32% to N0.38; NGXGROUP is down 4.89% to N25.30.
At N0.24, RTBRISCOE fell 0%.
AIICO closed at N0.53, down 3.64%.
ROYALEX closed at N0.61, down 3.17%.

Volume Top 3
ACCESSCORP 217,418,678
TRANSCORP 111,499,753
FIDELITYBK-30,705,852
Value Top 3
ACCESSCORP: N2,313,464,093
GTCO-N423,217,555 ZENITHBANK-N608,808,949