Nigeria’s stock market regains bullish mood as capitalisaton grows by N180 billion

The NGX closed on a undeniable expose amidst promote-offs and consume-interests as the benchmark All-Part Index (ASI) favored by 66 basis aspects.

The NGX ASI closed at 51,091.75 aspects to ponder a development of 0.66% from the outdated buying and selling day and a Twelve months-to-Date (YTD) return of 19.61%. In the meantime, the market capitalization grew by N180.61 billion.

At the shut of the market on Tuesday, the 21st of June 2022, the stock alternate market price for the time being stands at N27.54 trillion at the quit of the buying and selling day.

The market breadth closed adversarial as LIVESTOCK led 14 gainers and 22 losers, topped by LEARNAFRI at the quit of the day’s session.

The stock market has evolved 8,375.31 execrable aspects since the starting up of the year.

NGX High ASI gainers 

LIVESTOCK up +10.00% to shut at N1.32
MRS up +9.80% to shut at N16.25
DANGCEM up +8.30% to shut at N270.00
NAHCO up +7.69% to shut at N8.40
ROYALEX up +5.56% to shut at N0.95

NGX High ASI losers 

LEARNAFRI down – 10.00% to shut at N2.25
BUAFOODS down – 10.00% to shut at N49.50
JAPAUL down – 9.68% to shut at N0.28
GLAXOSMITH down – 9.22% to shut at N6.40
NASCON down – 8.56% to shut at N11.75

NGX ASI High Traded by Volume 

TRANSCORP – 19,338,212
UBA – 17,589,757
GTCO – 17,287,012

NGX ASI High Traded by Payment 

SEPLAT – N556,031,025.10
GTCO – N365,183,298.80
ZENITH – N281,888,425.40

Market sentiment pattern against the bulls regardless of the market differential being in favour of the decliners as 14 gainers were surpassed by 22 losers.