NGX starts week on negative note as market cap dips by N19 billion

Written by on September 19, 2022

Nigerian Equities Market started the week in the red zone as the key market indicator dipped further by 35.21bps amid flat market breadth.

Thus, the NGX All-Share Index dipped by 0.07% to close at 49,440.21 basis points as against 0.13% loss recorded previously to close at 49,475.42 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N18.99bn loss.

YTD, the NGXASI Stands at +15.74% 

The total volume traded declined by -37.33% to close at 67.37m, valued at N1.48bn and traded in 3,386 deals. FBNH was the most traded stock by volume with 9.67m units traded while SEPLAT   was also the most traded stock by value which is put at N615.12m. 

Sectoral performance was broadly negative as ix (6) NGX sector index closed northward, seven (7) closed southward while five (5) closed flat. The NGX MERIVAL Index inched up by 0.50% to top the gainers chart while the NGX Oil and Gas Index dipped by 1.94% to top the losers’ chart.

Gote index closed flat at 128.26 basis points while Toni index advanced by 1.66% to close at 107.66 basis points.

At the close of trading, market recorded 11 gainers to 11 losers and 78 unchanged. ETRANZACT topped the list of gainers while ABCTRANS topped the list of losers. 

Thus, market breadth closed flat as the Market Breadth Index (MBI) is put at 0.00x.

Find attached the price list of stocks:


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