NGX closes flat as market capitalization grows by N1 billion

Written by on September 13, 2022

Nigerian stock Market closed flat as the key market indicator inched up marginally by 2.01bps amid negative market breadth.

The NGX All-Share was flat to close at 49,627.72 basis points as against 0.14% loss recorded previously to close at 49,625.71 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N1.09bn gain.

YTD, the NGXASI Stands at +16.18% 

Thus, the total volume traded advanced by +85.05% to close at 160.24m, valued at N1.49bn and traded in 3,847 deals. ZENITHBANK was the most traded stock by volume with 26.74m units traded while ZENITHBANK was also the most traded stock by value which is put at N536.65m. 

Sectoral performance was broadly negative as five (5) NGX sector index closed northward, ten (10) closed southward while three (3) closed flat. The NGX Industrial Goods Index inched up by 0.14% to top the gainers chart while the NGX Insurance Index dipped by 0.57% to top the losers’ chart.

Gote index dipped by 0.03% to close at 128.42 basis points while Toni index also declined by 0.07% to close at 110.06 basis points.

At the close of trading, market recorded 12 gainers to 16 losers and 70 unchanged. MULTIVERSE topped the list of gainers while REDSTAREX topped the list of losers. 

Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.06x.

Find attached the price list of stocks for today:

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