Nigerian inventory market closes constructive as traders achieve N10 billion

The Nigerian Alternate (NGX) closed constructive amidst buy-interests and sell-offs as bulls dominated proceedings, driving up the broad market.

The All-share Index (ASI) appreciated by 0.03% to shut at 54,904.68 factors. In the identical vein, Market Capitalization grew by N10 billion to shut at N29.909 trillion whereas the 12 months-to-Date (YtD) returns settled at 6.41%. The inventory market has superior by 3,309.02 foundation factors because the begin of the 12 months.

Market breadth closed flat as LINKASSURE led 12 gainers, and 12 losers topped by IKEJAHOTEL on the finish of at the moment’s session.

Market Indices

• NGX ASI: 54,904.68 factors
• Earlier ASI: 54,886.04 factors
• Share Day Change: 0.03%
• Y-T-D: 6.41%
• Market Cap: N29,909 trillion
• Quantity: 127.7 million
• Worth: N1.58 billion
• Offers: 2,987

NGX Prime ASI gainers

• LINKASSURE up + 9.76% to shut at N0.45
• WAPIC up + 7.89% to shut at N0.41
• CHAMPION up + 4.26% to shut at N4.90
• STERLNBANK up + 2.67% to shut at N1.54
• JAIZBANK up + 2.30% to shut at N0.89

NGX Prime ASI losers

• IKEJAHOTEL down – 9.65% to shut at N1.03
• CADBURY down – 5.83% to shut at N11.30
• UPL down – 4.76% to shut at N2.00
• INTBREW down – 4.30% to shut at N4.45
• REGALINS down – 3.45% to shut at N0.28

Prime 3 by Quantity

• UBA – 19,600,869
• TRANSCORP – 14,448,790
• FIDELITYBK – 12,738,602

Prime 3 by Worth

• ZENITHBANK – N298,835,282
• GTCO -N258,239,088
• UBA – N157,244,946

Associated