NGX closes positive with market cap up by N23 billion 

Written by on September 9, 2022

The Nigerian Exchange Group (NGX) maintained bullish trend as the key market indicator inched up further by 42.87bps amid negative market breadth.

The NGX All-Share Index appreciated by 0.09% to close at 49,695.12 basis points as against 0.11% gain recorded previously to close at 49,652.25 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N23.12bn gain.

YTD, the NGXASI Stands at +16.34% 

Thus, the total volume traded advanced by +97.11% to close at 319.85m, valued at N1.86bn and traded in 3,335 deals. STERLNBANK was the most traded stock by volume with 173.84m units traded while MTNN was the most traded stock by value which is put at N692.20m. 

Sectoral performance was broadly positive as twelve (12) NGX sector index closed northward, three (3) closed southward while three (3) closed flat. The NGX MERIVAL Index inched up by 1.75% to top the gainers chart while the NGX SOVBND Index dipped by 0.82% to top the losers’ chart.

Gote index closed flat at 128.44 basis points while Toni index also inched up by 1.73% to close at 110.47 basis points.

At the close of trading, market recorded 10 gainers to 15 losers and 77 unchanged. NEM topped the list of gainers while HONYFLOUR 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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