• Business - Market Data
  • Updated: June 16, 2023

Market Value Declines By N430 Billion As NGX Ends Trading Down To 1.3 Per Cent

Market Value Declines By N430 Billion As NGX Ends Trading Do

The Nigerian Exchange (NGX) closed today's trading session on a negative note, with the All-Share Index (ASI) falling 1.31% to 59,195.21 index points.

The All-Share Index (ASI) fell 1.31% to settle at 59,195.21 index points, down from 59,985.10 index points the previous day's trading session.

The market capitalization of stocks fell by N430 billion to settle at N32.232 trillion, a 1.31% decrease from the previous trading session's value of N32.662 trillion.

Market breadth finished negative as MRS Plc (10.00%) led gainers, Sunu Assurance (-10.00%) led losers, and UBA Plc was the most traded share - by volume - at the end of Thursday's session.

The Nigerian Exchange All-Share Index (NGX ASI), which had previously closed at 59,985.10 points, ended on Thursday at 59,195.21 points.

The All-Share Index dropped 1.31% throughout the course of the day.

The All-Share Index has increased positively by 15.50% from the year's commencement.

A total of N32.232 trillion was the market capitalisation.

1.17 billion shares were exchanged throughout the day, for a total trading value of N15.36 billion. 12,611 trades were completed during the trading session.

MRS, TRANSCOHOT, TOTAL, IKEJAHOTEL, and ETRANZACT were the top gainers on the NGX for Thursday, closing at N68.75, N13.31, N336.70, N3.31, and N5.32 per share, respectively, with significant gains of 10.00%, 10.00%, 10.00%, 9.97%, and 9.92%.

SUNUASSUR, CORNERST, MCNICHOLS, ACCESSCORP, and RTBRISCOE saw losses of -10.00%, -9.73%, -9.33%, -9.24%, and -8.82%, respectively, during the trading session on the NGX. The closing prices for these shares were N0.45, N1.02, N0.68, N14.25, and N0.31.

UBA, ACCESSCORP, and FIDELITYBK were the top three equities by volume traded on the NGX, with 192,832,533 shares, 121,537,991 shares, and 102,638,753 shares, respectively.

In contrast, the top three stocks by transaction value were GTCO with N3,325,944,452, UBA with N2,344,643,362, and ACCESSCORP with N1,962,105,888.

Related Topics

Join our Telegram platform to get news update Join Now

0 Comment(s)

See this post in...


We have selected third parties to use cookies for technical purposes as specified in the Cookie Policy. Use the “Accept All” button to consent or “Customize” button to set your cookie tracking settings