NGX: Investors Gain N13.74bn as NGXASI Inches up by 0.02%

Written by on September 28, 2022

The Nigerian Equities Market closed the day bullish as the key market indicator inched up by 10.25bps while market breadth remained negative

The NGX All-Share Index advanced by 0.02% to close at 49,171.70 basis points as against 0.06% loss recorded previously to close at 49,161.45 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N13.74bn gain.

YTD, the NGXASI Stands at +15.11% 

The total volume traded declined by -50.74% to close at 101.57m, valued at N1.19bn and traded in 3,981 deals. GTCO was the most traded stock by volume with 14.34m units traded while GTCO was also the most traded stock by value which is put at N259.04m 

Sectoral performance was broadly negative as four (4) NGX sector index closed northward, ten (10) closed southward while four (4) closed flat. The NGX Industrial Index inched up by 1.10% to top the gainers chart while the NGX NGXAFRBVI Index dipped by 2.12% to top the losers’ chart.

Gote index closed flat at 128.26 basis points while Toni index dipped by 0.19% to close at 105.76 basis points.

At the close of trading, market recorded 7 gainers to 18 losers and 74 unchanged. CHAMS topped the list of gainers while JAPAULGOLD topped the list of losers. 

Thus, market breadth closed negative as the Market Breadth Index (MBI) is put at -0.15x.

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