NGX: Investors Lose N24.38bn as NGXASI Dips by 0.09%

Written by on September 7, 2022

Nigerian Equities Market maintained negative posture as the key market indicator dipped further by 45.19bps amid positive market breadth.

The NGX All-Share Index dipped by 0.09% to close at 49,599.73 basis points as against 0.69% loss recorded to close at 49,644.92 basis points at the end of the previous trading session. In Naira terms, the NGX Market CAP records N24.38bn loss.

YTD, the NGXASI Stands at +16.11% 

The total volume traded declined by -7.23% to close at 128.94m, valued at N1.69bn and traded in 3,426 deals. STERLNBANK was the most traded stock by volume with 26.85m units traded while MTNN was the most traded stock by value which is put at N495.49m. 

Sectoral performance was broadly negative as four (4) NGX sector index closed northward, ten (10) closed southward while four (4) closed flat. The NGX MERIGRW Index inched up by 0.26% to top the gainers chart while the NGX MERIVAL Index dipped by 0.93% to top the losers’ chart.

Gote index inched up by 0.02% to close at 128.44 basis points while Toni index also inched up by 0.31% to close at 107.61 basis points.

At the close of trading, market recorded 15 gainers to 13 losers and 66 unchanged. PZ topped the list of gainers while CHAMS topped the list of losers. 

Thus, market breadth closed positive as the Market Breadth Index (MBI) is put at 0.03x.

Find attached the detailed price list of stocks traded today

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