September 26, 2022


The Nigerian Exchange Group (NGX) closed positive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market by 9 basis point. The All-share Index (ASI) appreciated by 0.09% to close at 49,695.12 points.  

In the same vein, Market Capitalization grew by N23 billion to close at N26.80 trillion while the Year-to-Date (YtD) returns settled at 16.34%. The stock market has advanced by 6,978.68 base points since the start of the year.   

Market breadth closed positive as NEM led 9 gainers, and 16 Losers topped by HONYFLOUR at the end of today’s session. 

On a sectoral level, 4 of the 5 major indices of the Nigerian Exchange closed positive with NGX Consumer goods, Insurance, Banking and Industrial indices up by 0.06%, 0.44%, 0.87% and 0.15 respectively while NGX Oil & Gas index was down by 0.16%. 

Market Indices  

  • NGX ASI: 49,695.12 points  
  • Previous ASI: 49,652.25 points  
  • % Day Change: 0.09%  
  • % Y-t-D: 16.34% 
  • Market Cap (N): 26.805 trillion  
  • Volume: 319,085,093 
  • Value (N): 1.86 billion  
  • Deals: 3,335 

NGX Top ASI gainers    

  • NEM up +7.62% to close at N 5.65 
  • CHAMS up +6.90% to close at N 0.31 
  • FCMB up + 6.06% to close at N 3.50 
  • UBA up +3.42% to close at N 7.55 
  • FLOURMILL up +3.41% to close at N 30.30 

NGX Top ASI losers   

  • HONYFLOUR down – 10.00 % to close at N 2.25 
  • LEARNAFRCA down – 8.97% to close at N 2.25 
  • LINKASSURE down – 7.69% to close at N 0.48 
  • WAPIC down – 7.32% to close at N 0.38 
  • JAIZBANK down – 4.49% to close at N 0.85 

Top 3 by Volume   

  • STERLNBANK173,838,559 
  • UBA54,069,021 
  • ZENITHBANK14,018,716 

Top 3 by Value  

  • UBA – N400,612,232.70 
  • MTNN – N289,473,334.40 
  • ZENITHBANK – N281,437,017.80 



Source link

1 thought on “NGX closes positive with market cap up by N23 billion 

Leave a Reply

Your email address will not be published.