Home Life Style NGX maintains bearish stance with market cap down by N28 billion

NGX maintains bearish stance with market cap down by N28 billion

by Good News
NGX maintains bearish stance with market cap down by N28 billion

The Nigerian Bourse (NGX) closed harmful amidst select-pursuits and promote-offs as bears dominated complaints, weighing down the massive market by 10 foundation level.The All-half Index (ASI) depreciated by 0.10% to shut at 51,339.01 aspects. Within the same vein, Market Capitalization declined by N28.05 billion to shut at N27.69 trillion while the one year-to-Date (YtD) returns settled at 20.19%. The stock market has developed by 8,622.57 snide aspects for the reason that delivery of the year.The SWOOTs capitalization remained unchanged at the stop of the procuring and selling session, as all 5 companies closed flat.Market breadth closed sure as ACADEMY led 14 gainers, and 10 Losers topped by CHAMPION at the stop of this day’s session.NGX Top ASI gainersACADEMY up +8.70% to shut at N2.25REGALINS up +8.00% to shut at N0.27CWG up +7.95% to shut at N0.95CUTIX up +7.27% to shut at N2.36NAHCO up +5.00% to shut at N8.40NGX Top ASI losers  CHAMPION down – 8.74% to shut at N3.55IKEJAHOTEL down – 7.69% to shut at N1.20INTBREW down – 5.17% to shut at N5.50MULTIVERSE down – 4.76% to shut at N1.80UPDCREIT down – 4.17% to shut at N3.45Top 3 by Quantity  TRANSCORP – 12,181,940INTBREW – 7,647,213FBNH – 7,408,141Top 3 by Rate ZENITH – N148,274,877.40GTCO – N123,747,286.15SEPLAT – N115,695,928.10

Related Articles